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KUALA LUMPUR (June 30): The Kuala Lumpur High Court has dismissed an application by Senior Minister of International Trade and Industry Datuk Seri Mohamed Azmin Ali (pictured) to strike out a suit filed by 10 Gombak voters against him for alleged deceit and breach of fiduciary duty as the member of Parliament (MP) of the parliamentary constituency.

KUALA LUMPUR (June 29) : The Association of Banks in Malaysia (ABM) and Association of Islamic Banking and Financial Institutions Malaysia (AIBIM) said today that their member banks will be offering six-month moratorium from July 7, in line with the government's PEMULIH stimulus.

SYDNEY (June 29): Close to half of the population of Australia is now in lockdown as the country struggles to contain the outbreak of the highly infectious Delta coronavirus variant, reported CNN.

PETALING JAYA (June 29): The six-month loan moratorium and the enhancement of the Wage Subsidy Programme (WSP) under the National People’s Well-being and Economic Recovery package (PEMULIH) are timely measures for the survival of businesses during lockdown, said the Federation of Malaysian Manufacturers (FMM).

KUALA LUMPUR (June 29): Analysts expect the latest blanket moratorium on loan repayments to cause lower modification losses for banks as it is being offered on an opt-in basis.

PETALING JAYA (June 29): S&P Global cut its growth forecasts on Malaysia to 4.

PETALING JAYA (June 28): Although the newly announced six-month blanket loan moratorium might be able to temporarily help wage earners to alleviate their financial burden, a more sustainable long-term economic plan is crucial for the country’s recovery, said economists.

PETALING JAYA (June 28): The newly announced blanket loan moratorium is beneficial in helping to alleviate individuals’ financial burdens due to the prolonged lockdown, said Real Estate & Housing Developers’ Association Malaysia (REHDA) president Datuk Soam Heng Choon.

KUALA LUMPUR (June 28): The Federation of Malaysian Manufacturers (FMM) is questioning the rationale behind the key indicators set by the government to determine whether or not Malaysia will graduate to the next phase of the National Recovery Plan (NRP).

KUALA LUMPUR (June 28): The Enforcement Division of the Domestic Trade and Consumer Affairs Ministry (KPDNHEP) has inspected a total of 615, 996 premises nationwide from May 13 last year, until Saturday (June 26).