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It is important for borrowers to know their cash flow when deciding to opt in or out
It leads to the survival of ‘zombie’ companies and gives false sense of comfort
BANKS are in a lose-lose situation. Borrowers frown upon them for making millions and expect them to make less money in tough times.
EARLIER this week, the fourth extension of the movement control order (MCO) came into effect, and will last up to May 12.
KUALA LUMPUR: Fund buying of MISC and Public Bank ensured the FBM KLCI ended Tuesday on a firmer note though the broader market was weaker.
HONG KONG: Hong Kong shares on Tuesday climbed to their highest level in more than a week, as the financial hub showed some signs of returning to normalcy with civil servants set to head back into offices after the government eased lockdown restrictions.
From the time tensions over trade between the United States and China began in 2018, China’s furniture exports to the United States became subject to tariffs of up to 25% by 2019, prompting many manufacturers to shift their positions to set up factories in Malaysia, followed by numerous buyers who have transferred orders to Malaysia.
KUALA LUMPUR: The government’s RM250bil stimulus package has not gone down well with owners of small and large businesses.
WHEN the conoravirus (Covid-19) first hit the news sometime in December last year, nobody would have thought that it would lead to a global crisis. Two weeks ago, many were staring at a 1930s kind of depression as the world was hit by the perfect storm.