These banks won’t compound interest, profit rates during six-month loan moratorium

Mar 27

KUALA LUMPUR (March 27): In line with Bank Negara Malaysia (BNM)’s decision to grant an automatic moratorium on loan payments for six months following the escalation of the fallout of Covid-19, Malaysian banks are doing their bit by announcing that they will not compound interest and profit rates on their loans.

Sunway medical centres to accept non-COVID-19 patients from public hospitals

Mar 27

SUBANG JAYA (March 27): Sunway Group Bhd's healthcare division has pledged to accept non-COVID-19 patients from public hospitals recommended by the Ministry of Health (MOH) and University Malaya Medical Centre (UMMC) in an effort to ease the burden on government healthcare facilities who are currently in the midst of combating the COVID-19 outbreak.

RHB first local bank to waive compound of interest or profit during six-month moratorium

Mar 27

KUALA LUMPUR (March 27): RHB Banking Group became the first local bank to announce that it will not be compounding interest for its retail and small and medium enterprise (SME) customers during the six-month moratorium period recently announced by Bank Negara Malaysia (BNM).

SunCon secures RM508m highway project in India

Mar 26

KUALA LUMPUR (March 26): Sunway Construction Group Bhd (SunCon) said it had received a letter of award (LoA) on highway construction, from the National Highways Authority of India (NHAI) worth a total 8.

OCBC: No compound of interest or profit during 6-month moratorium

Mar 26

KUALA LUMPUR (March 26): OCBC Bank (Malaysia) Bhd said it will not be compounding interest and profit on mortgages and loans for small and medium enterprises (SMES) during the six-month moratorium period.

PM, ministers, deputies give up two months’ pay for COVID-19 fund

Mar 26

KUALA LUMPUR (March 26): Prime Minister Tan Sri Muhyiddin Yassin, along with all federal ministers and their deputies, are taking a two-month pay cut, with the savings to be donated to Putrajaya’s COVID-19 Fund, the Malay Mail reported today.

UDA Holdings donates supplies worth RM100,000 for additional COVID-19 wards

Mar 25

KUALA LUMPUR (March 25): UDA Holdings Bhd has donated over RM100,000 worth of supplies to assist hospitals and the frontliners in the fight against the COVID-19 pandemic in Malaysia.

Kind-hearted folk distribute free face masks

Mar 25

PETALING JAYA (March 25): With many people are facing difficulties trying to get face masks in the midst of the COVID-19 pandemic, there is a group of kind people who are risking their health to give out free face masks at a petrol station in Sungai Buloh, Selangor, reported China Press.