Malaysian economy to grow faster at 5.5%-6.5% in 2022 vs 3%-4% in 2021
KUALA LUMPUR (Oct 29): The country's economic growth is expected to accelerate to 5.
Public Bank says Covid-19 relief amounts to about RM40b so far
KUALA LUMPUR (June 14): Public Bank Bhd managing director and chief executive officer (CEO) Tan Sri Tay Ah Lek said today the group’s Covid-19-driven targeted loan repayment assistance programme had so far assisted over 160,000 customers who benefited from the bank’s pandemic relief amounting to about RM40 billion.
More cash assistance, subsidies for individuals under PEMERKASA
KUALA LUMPUR (March 17): The PEMERKASA stimulus package, announced by Prime Minister Tan Sri Muhyiddin Yassin today, included a number of cash assistance and subsidies for individuals.
CCC-ECRL, MRL volunteer flood relief assistance efforts in East Coast states
KUALA LUMPUR (Jan 11): East Coast Rail Link (ECRL) project engineering, procurement, construction and commissioning contractor China Communications Construction (ECRL) Sdn Bhd (CCC-ECRL) and project owner Malaysia Rail Link Sdn Bhd (MRL) are taking proactive steps in providing assistance to flood-hit communities in the East Coast states.
Maybank extends repayment assistance application to June 2021
KUALA LUMPUR (Nov 23): Maybank has extended the application period for loan/financing repayment assistance until June 30, 2021 to provide financial relief to individual and small and medium enterprise (SME) customers.
As blanket loan moratorium ends, banks receive 500,000 applications for further repayment help
PETALING JAYA (Sept 30): As Malaysia transitions into targeted repayment assistance following the end of the six-month blanket loan moratorium today, about 500,000 applications for repayment assistance have been received, said Bank Negara Malaysia (BNM).
Maybank offers three channels for customers to apply for post-moratorium Repayment Assistance Packages
KUALA LUMPUR (Aug 7): Malayan Banking Bhd (Maybank) has announced that it is offering three options for customers to apply for Repayment Assistance Packages from today.
BNM: Loan 'restructuring and rescheduling' upon repayment moratorium expiry
KUALA LUMPUR (July 24): Bank Negara Malaysia (BNM) has told analysts that upon expiry of the loan repayment moratorium by end-September 2020, banks in the country will not extend the scheme but will continue to offer targeted financial assistance in the form of restructuring and rescheduling (R&R) to borrowers who continue to face repayment issues.
Rehda hopes Budget 2018 addresses these three key issues
PETALING JAYA (Sept 28): The Real Estate and Housing Developers’ Association (Rehda) hopes the government will seriously consider three key areas, namely financing, cost of doing business and the GST exemption, said president Datuk Seri FD Iskandar Mohamed Mansor.
