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AGAINST an evolving outlook on Covid-19, banks are facing the challenge from this crisis head-on, with a focus on providing flexible loan repayment and restructuring packages with speedy approvals.
KUALA LUMPUR: Touch ‘n Go Group has teamed up with the Finance Ministry and the Malaysia Digital Economy Corp to accelerate online shopping and support local businesses.
PETALING JAYA: In the 15 years since Credit Counselling and Debt Management Agency (AKPK) was established by Bank Negara, it has helped almost 1.2 million individuals with financial advisory and assisted 34,000 participants in its debt management programme (DMP) to settle RM1.5bil of debts
KUALA LUMPUR: The government has approved a total of 7,266 applications for RM1.366 billion in loans under the Small and Medium Enterprises (SMEs) initiative of the National Economic Regeneration Plan (PENJANA) as of March 19, 2021.
KUALA LUMPUR: Employers and employees may have to contribute between RM1 and RM2 more a month towards the Social Security Organisation (Socso) to widen the social safety net for workers, says the Human Resources Minister.
KUALA LUMPUR: Bank Negara Malaysia (BNM) has announced an additional allocation of RM2bil for the Targeted Relief and Recovery Facility (TRRF), as well as the setting up of a RM200mil Disaster Relief Facility (DRF) 2021.
AFTER the economic shock of last year threw many businesses off their feet, there has been a growing conversation around the need to build resilience in local SMEs to enable them to endure further and future disruptions.
KUALA LUMPUR: AmBank Group is prepared to offer flood relief moratorium of up to six months to its customers who are affected by the floods.
SINGAPORE: South-East Asia’s largest bank DBS has ramped up efforts to help small and micro businesses hit hard by the Covid-19 pandemic secure much-needed funding and improve the way they do business.