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PETALING JAYA: Malaysians have lauded stimulus efforts carried out by Perikatan Nasional over the last one year, since taking over the Federal Government.
KUALA LUMPUR: With the country’s economy expected to improve, Aeon Credit Service (M) Bhd sees lower impairments with receivables growth post the conditional movement control order (CMCO)
PETALING JAYA: Despite being offered the chance to defer payments, around 28% of National Higher Education Fund Corporation (PTPTN) borrowers are still servicing their loans.
KUALA LUMPUR: Borrowers, especially those affected by the movement curbs due to a spike in Covid-19 cases in Malaysia, can still seek help from their respective banks on their loan repayment.
SMALL and medium enterprises (SMEs), some of which may run out of cash flow by end of this month, are looking for a plan by the government to boost sales and revenue.
KUALA LUMPUR: Aeon Credit Service (M) Bhd is the top loser on Bursa Malaysia in early trade Wednesday despite posting firmer profit for its second quarter ended Aug 31.
WITH less than two months to go before the current six-month automatic moratorium ends on Sept 30, it is timely for borrowers to consider their current and expected financial position come October so that Malaysians who are still affected by the Covid-19 pandemic can take proactive actions now.
KUALA LUMPUR: Moody's Investors Service affirmed the A3 long-term foreign currency deposit and A3 long-term foreign currency senior unsecured debt ratings of Malayan Banking Bhd (Maybank).
KUALA LUMPUR: Hong Leong Bank has approved RM1.3bil of facilities under the Bank Negara Malaysia Special Relief Facility (SRF) for over 1,600 small and medium enterprises (SMEs) up to April 30.