KUALA LUMPUR (Feb 18): The World Bank is in the midst of reviewing the economic impact of the COVID-19 outbreak on Malaysia’s economy before deciding whether to revise the country’s gross domestic product (GDP) growth target.
KUALA LUMPUR (Feb 13): Shareholders of Amverton Bhd have been advised by Kenanga Investment Bank Bhd to accept the RM1.
KUALA LUMPUR (Feb 12): OCBC Bank Research is expecting Malaysia to cut interest rate further this March, after a recent one in January, following lower-than-expected GDP growth during the fourth quarter of last year (4Q19), that could slow further this quarter (1Q2020), due to the 2019 novel coronavirus (COVID-19) outbreak.
KUALA LUMPUR (Feb 12): Malaysia’s economic growth will be affected by the COVID-19 outbreak, particularly in the first quarter of 2020 (1Q20), said Bank Negara Malaysia (BNM) Governor Datuk Nor Shamsiah Mohd Yunus (pictured).
KUALA LUMPUR (Feb 12): Hong Leong Bank and Hong Leong Islamic Bank have initiated a Customer Financial Relief Plan to support customers facing financial challenges due to the impact of the novel coronavirus (COVID-19).
KUALA LUMPUR (Feb 11): Malayan Banking Bhd (Maybank) is offering financial relief to its customers who are impacted by the ongoing 2019 novel coronavirus (2019-nCoV) outbreak.
KUALA LUMPUR (Feb 11): The Association of Banks in Malaysia (ABM) says its members are undertaking measures to ensure their respective customers are able to weather the impacts caused by the coronavirus.
KUALA LUMPUR (Feb 11): Bank Muamalat Malaysia Bhd (Bank Muamalat) is offering a temporary moratorium of up to six months for the monthly instalment payments on certain financing obligations for all customers and staff, as a relief for those who have been affected by the coronavirus.
KUALA LUMPUR (Feb 11): Ambank Group announced yesterday that it will offer a temporary deferment or restructuring of instalment repayments for individuals and SME customers who are affected by the novel coronavirus (2019-nCOV) outbreak.
KUALA LUMPUR (Feb 10): Public Bank Bhd and Public Islamic Bank Bhd are offering a six-month moratorium on monthly instalment payments of loans and financing for its customers who are affected by the outbreak of the novel coronavirus (2019-nCoV).