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JAKARTA, Aug. 4 (Xinhua): Indonesia's loan growth tumbled in the first semester this year along with a huge debt restructuring as the Covid-19 (coronavirus) pandemic nearly grounded business activities to a halt.
PETALING JAYA: The government is extending the deferment on National Higher Education Fund Corporation (PTPTN) loan repayments for another three months.
TOKYO: Mitsubishi UFJ Financial Group Inc (MUFG), Japan's largest lender by assets, said on Tuesday its first-quarter net profit more than halved as credit-related costs ballooned due to the coronavirus pandemic.
KUALA LUMPUR: Proton sold 13,216 cars in July this year, which was its highest since June 2012 as Malaysia recorded a rebound in car sales due to f tax free incentives and consumer demand.
BEIJING, Aug. 3 (Xinhua) -- The People's Bank of China (PBOC), the central bank, said Monday that it will resolutely push forward the opening-up of the country's financial industry in a sound and orderly manner.
BANGKOK: Thailand’s central bank is widely expected to leave its key interest rate unchanged at a record low after three cuts this year to help cushion the economic impact of the coronavirus pandemic, a Reuters poll showed.
KUALA LUMPUR: Bank Maybank Indonesia Tbk’s profit after tax and minority interest (PATAMI) rose by 7% year-on-year to 809.7 billion rupiah during the first half of 2020 ended June 30 (1H2020).
KUALA LUMPUR: RHB Banking Group has launched the RHB Financing (SME) Mobile App, billed as the first artificial intelligence (AI)-powered “customer self-initiated” SME financing mobile app in Malaysia.
THE government has extended the minimum tax exemption for the aviation sector and renewed monthly tax exemptions for the tourism industry, which has been hard hit by the Covid-19 pandemic.