News about payment

KUALA LUMPUR (July 30): The Federation of Malaysian Manufacturers (FMM) has called on banks to consider making the process for the restructuring of loan repayments be made simple and seamless, given it is based on the individual banks’ commitment and not a directive from the government.

KUALA LUMPUR (July 29): The loan repayment flexibility will be opened for application from Aug 7, 2020, Bank Negara Malaysia (BNM) (pictured) announced today.

KUALA LUMPUR (July 13): The Malaysian Association of Tour and Travel Agents (MATTA) has urged the government and Bank Negara Malaysia (BNM) to extend the bank loan-repayment moratorium by another six months for the tourism industry because the sector is the hardest hit by the Covid-19 outbreak and studies indicate that it will only recover from the crisis much slower than other local industries.

KUALA LUMPUR (July 4): The Malaysian Trades Union Congress (MTUC) said today the government and Bank Negara Malaysia (BNM) must compel banks to extend the loan repayment moratorium by six more months or see record asset forfeitures involving borrowers.

KUALA LUMPUR (April 22): Liew Chin Tong has called on the government to consider emulating Australia to compel Google and Facebook to pay media outlets for news content, Malaysiakini reported today.

KUALA LUMPUR (April 22): MMAG Holdings Bhd, which is buying two parcels of land in mainland Penang from Dynaciate Group Bhd for RM41 million, today entered into a supplemental agreement on the deal.

KUALA LUMPUR (April 17): Tropicana Corp Bhd has proposed a RM1.

KUALA LUMPUR (April 14): The Employees Provident Fund (EPF) is further extending the deadline for employers in Malaysia to remit their mandatory contribution for the salary month of March 2020 (April contributions) to April 30 from the previously announced April 24, following requests from employers for more time to do so.

KUALA LUMPUR (April 14): The Employees Provident Fund (EPF) is suing a subsidiary of Ikhmas Jaya Group Bhd to recover RM2.

KUALA LUMPUR (April 3): Although household debts expanded faster in the second half of 2019, the risk of Malaysian borrowers defaulting on their loan repayment remains low, according to Bank Negara Malaysia (BNM).