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KUALA LUMPUR: Banks in the country are capable of extending the targeted moratorium period from October to December 2020, as they have adequate buffers.
Banks have enough capital buffer to implement targeted loan moratorium, says Deputy Finance Minister I
KUALA LUMPUR: Banks have enough capital buffer to implement the loan moratorium extension as announced by the government, the Dewan Rakyat heard.
KUALA LUMPUR: The moratorium on loan repayments extended by financial institutions, which came into effect on April 1, is estimated to be worth RM66.6bil as of July 31, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
A RENTAL Relief Fund should be set up by the government to avert a homeless crisis, said Klang MP Charles Santiago.
KUALA LUMPUR: The Government should consider setting up a Rental Relief Fund to avert a looming homeless crisis, says Klang MP Charles Santiago.
JOHOR BARU: The number of people falling prey to loan sharks is expected to increase steeply in the months to come as desperation grows among the public, especially those who have lost their jobs or businesses.
JOHOR BARU: Since the movement control order (MCO) started five months ago, firemen have been busy handling cases of people threatening to take their own lives.
HONG KONG, Aug 10 (AP): Shares advanced Monday (Aug 10) in Asia after President Donald Trump issued executive orders to provide tax relief and stopgap unemployment benefits for Americans hit by the fallout from the Covid-19 (coronavirus) pandemic.