NO one could have predicted that Covid-19 would raise a perfect storm, hitting the world economy hard in 2020. By our estimates, 90% of the world’s economies will expect to see a contraction this year. This severe downturn means countless people across the world, including in Malaysia, will suffer illnesses, lose jobs and livelihoods. The […]
Read MorePETALING JAYA: Borrowers will need to start repaying their loans from October onwards as the banks will not extend the automatic loan moratorium, banking sources said. However, an industry source said while the blanket moratorium would end, banks are open to assist borrowers to restructure and reschedule their loans in a more targeted manner. […]
Read MoreKUALA LUMPUR, July 21 — The loan repayment moratorium will end as scheduled in September and will not be extended, according to industry sources. They told The Star that banks would instead help borrowers restructure their existing debt and adjust their repayment schedules once the initiative has ended. “It is estimated that there will be three million […]
Read MorePUTRAJAYA, July 17 — Human Resources Minister Datuk Seri M. Saravanan today gave his assurance that the government will look into the plight of GrabFood and Foodpanda riders through discussions with the respective companies. He said the complaints and problems raised by the food riders, especially on their welfare and fare rate, would be attended […]
Read MoreMalaysian farmers have gone online to sell their produce instead of disposing of tons of fresh fruit and vegetables every day after Malaysia imposed a Movement Control Order (MCO) in March to limit the spread of coronavirus in the country. Several farmers told Arab News on Thursday that they have reported a steady increase in […]
Read MoreCPI to decline THIS week brings a quieter flow of data with the main focus on consumer price index (CPI). The Statistic Department is expected to release the inflation data for June on Wednesday. CPI inflation has been nil to negative in Japan, Malaysia and Singapore. The CPI fell 2.9% in May from a year […]
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Thailand
