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Thai private sector shaken after 4 economics ministers quit ruling party
BANGKOK, July 11 (The Nation Thailand/ ANN): The private sector has been shaken by upheaval in the Prayut government, after four ministers credited with running the economy resigned from the ruling Palang Pracharat Party.
Troubled borrowers, pay heed
PETALING JAYA: With the six-month moratorium on loan repayments ending on Sept 30, financial experts have advised borrowers in the “distressed” group to prepare ahead while there is still time.
Time to restrategise
Hit hard by the pandemic, service industries in Asia-Pacific countries explore novel models for survival under the ‘new normal’
Labour concerns in a digital age
COMPANIES are forced to adapt to the new norm of conducting business, expediting the use of digital at a rate faster than before to address the challenges of revenue declines and shrinking profits.
Govt urged to extend WSP to year-end
PETALING JAYA: Bosses are urging the government to extend applications for the Wage Subsidy Programme (WSP) to the end of this year to help them maintain company operations and spare employees from losing their jobs.
Accelerating digital transformation
ONE of the jokes that made the rounds back in March was a multiple-choice question asking, who’s the leading force in workplace digital transformation? The punchline was that it was neither the CEO or the CTO, but a third ‘C’ – Covid-19.
KKIP Aerospace starts training programme for aviation technicians
KOTA KINABALU: KKIP Aerospace Sdn Bhd has started training future aircraft technicians at its aerospace training centre ahead of the eventual return of normalcy of the travel and aviation industries.
Maybank, CGC target RM300m SME loan facility
PETALING JAYA: Maybank and Credit Guarantee Corp (CGC) target to disburse the first RM300mil of the newly-launched SME Clean Loan/Financing Plus within a year to assist small and medium-sized enterprises (SMEs) in their cash flow management during these trying times
Loan repayment moratorium totalled RM51.4b, Zafrul says
KUALA LUMPUR: The moratorium on loan repayments by financial institutions, which took effect on April 1 as part of the PRIHATIN Rakyat Economic Stimulus Package (PRIHATIN), is estimated to have reached RM51.4 billion as at July 6.
Maybank, CGC launch SME clean loan/financing plus
KUALA LUMPUR: Malayan Banking Bhd and Credit Guarantee Corporation (CGC) have allocated RM1bil for their joint SME Clean Loan/Financing Plus to help small and medium enterprises (SMEs) in the cashflow management after months of disruption to their business.