The association debunked misleading reports that disposable rubber gloves from Malaysia were affected by the withhold release order by the US Customs and Border Protection.
The ABM, comprising 26 member commercial banks operating in Malaysia, said in a statement today that these charges were already waived for disabled people and senior citizens segments.
In a note today, it said the alignment for the 223-km stretch (out of a total length of 640km) from Dungun to Mentakab called Package B has been finalised.
"As growth is anticipated to be slower, we think a contingency plan amounting to RM4 billion could be in the offing."
"... now we have a very important disclosure about the circumstances under which the ECRL was hashed out ..."
...to discourage what is commonly referred to as "lazy balance sheets", where cash balances often remain idle.