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President Trump says he's signing orders on unemployment, evictions
(Reuters) - U.S. President Donald Trump says that he is signing an executive order to provide an additional $400 a week in expanded benefits to unemployed Americans.
PTPTN loan repayments to be further deferred until Dec 31
PETALING JAYA: The government is extending the deferment on National Higher Education Fund Corporation (PTPTN) loan repayments for another three months.
Repayment of PTPTN loans deferred another three months
PETALING JAYA: The government is extending the deferment on National Higher Education Fund Corporation (PTPTN) loan repayments for another three months.
Thai central bank tells commercial banks, financial institutions to slash interest rates
BANGKOK, Aug. 1 (Xinhua) -- The Thai central bank announced on Saturday that it has instructed all commercial banks and financial institutions to cut interest rates charged to customers with credit card balances and personal loans by 2 to 4 percent effective on Saturday.
‘It’s the right time to invest’
PETALING JAYA: Even as many consumers are cautious in purchasing high-ticket items in light of the Covid-19 pandemic, industry experts say sale of properties and cars have been rising since June.
ACCCIM plays active role in rescuing economy
THE Associated Chinese Chamber and Industry of Malaysia (ACCCIM) has earned acclaim from governments – present and past – for its active role in contributing to national economic development. Faced with the onslaught of Covid-19, this trade body may deserve more accolades this year.
Targeted approach the way to go
IT is a move many have been waiting for and in the end, the government together with the banks agree that the best way forward from a blanket loan moratorium for everyone is a targeted approach come October.
Moratorium extension and targeted bank assistance a timely move
PETALING JAYA: Lauding the moratorium extension and targeted bank assistance as timely, businesses say more measures should be introduced to help businesses to stimulate the economy.
Extension for those in need
PETALING JAYA: The government has agreed to extend the existing loan moratorium for a further three months for those who are unemployed and have targeted bank assistance for individuals and small businesses that need to restructure their loans, says Prime Minister Tan Sri Muhyiddin Yassin.
Muhyiddin: Targeted moratorium extension for another three months (updated)
PETALING JAYA: The government has announced a targeted extension for the moratorium on bank loans for those who either lost their jobs or had pay cuts this year as a result of the Covid-19 pandemic.
