News about targeted

KUALA LUMPUR (Aug 13): Bank Negara Malaysia (BNM) governor Datuk Nor Shamsiah Mohd Yunus said today banks in the country will continue to offer the Covid-19 pandemic-driven targeted loan-repayment assistance to borrowers when the loan-repayment moratorium expires by the end of 2021.

KUALA LUMPUR (July 11): The Malaysia Shopping Malls Association (PPK) and other retailer groups have urged the Selangor menteri besar to step in to help get the Enhanced Movement Control Order (EMCO) imposed in the state replaced with targeted lockdowns.

KUALA LUMPUR (June 14): When the World Health Organization announced last year that Covid-19 had turned into a pandemic, many countries around the world, including Malaysia decided to impose a lockdown to help control the spread of the virus.

KUALA LUMPUR (Feb 5): Bank Negara Malaysia (BNM) announced today an additional allocation of RM2 billion for the Targeted Relief and Recovery Facility (TRRF) and the establishment of a RM200 million Disaster Relief Facility (DRF) 2021.

KUALA LUMPUR (Oct 6): Prime Minister Tan Sri Muhyiddin Yassin (pictured) assured the public today that there will not be another total lockdown as this would have a significant impact on Malaysia's economic and social systems, but said the government will enforce the Targeted Enhanced Movement Control Order (TEMCO) in high-risk areas.

KUALA LUMPUR, Aug 25 -- The Targeted Enhanced Movement Control Order (TEMCO) imposed on two villages in Perlis and four mukim in Kedah will be lifted tomorrow, earlier than the scheduled end of Aug 31, said Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob.

KUALA LUMPUR (July 30): The extension of the loan moratorium for targeted groups announced by the Government today has a “minimised” impact on the country’s banking sector, said MIDF Research economist Mazlina Abdul Rahman.

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.

KUALA LUMPUR (Dec 31): Bank Negara Malaysia (BNM) has issued its revised policy document on anti-money laundering/counter financing of terrorism (AML/CFT) and targeted financial sanctions (TFS), which will take effect tomorrow (Jan 1, 2020).