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Financial institution creates sustainable values for agriculture players and communities
AS the last quarter of the year rolls in, hope for a firmer recovery seems within reach. More states are progressing through the phases under the National Recovery Plan and more businesses are allowed to operate at greater capacity.
KUALA LUMPUR: Almost 2,000 sports-related companies were forced to wind up operations due to severe financial constraints brought about by the Covid-19 pandemic, says Datuk Seri Ti Lian Ker.
KUALA LUMPUR: Bursa Malaysia finished marginally lower at midday as cautious sentiment weighed on buying patterns amid the absence of market moving factors.
BANKING stocks see-sawed this week on news that the government has instructed financial institutions to work on waiving interest repayment for recipients of loan moratoriums in the lower income category.
WHICH debt of yours is good and which is bad – this is something you ought to ask yourself.
Bank Negara governor says it will affect recovery
KUALA LUMPUR: Waiving the accrued interest payment on all individual and business loans will have significant long-term consequences for banks, especially when the interest income accounts for 80 per cent of banks’ revenues, Bank Negara Malaysia said.
There are mixed views on outlook as Covid-19 rages on
KUALA LUMPUR: Signs of financial distress in the country are getting more prevalent and clearer as the COVID-19 impact bites deeper into Malaysia’s economy, resulting in rising unemployment and shrinking incomes.