Monday, October 11, 2021

BNM

AKPK developing programme to assist SME borrowers facing cash flow problems

KUALA LUMPUR: The Credit Counselling and Debt Management Agency (AKPK) is developing a Temporary Relief Programme (TRP) to reduce the burden of individual and small and medium enterprise’s (SME) borrowers who are still having difficulty restoring their cash flow. Deputy...

Malaysia’s DuitNow, Singapore’s PayNow to link in 2022

KUALA LUMPUR: Bank Negara Malaysia (BNM) and the Monetary Authority of Singapore (MAS) plan to begin a phased linkage of Malaysia’s DuitNow and Singapore’s PayNow real-time payment systems. BNM said the first phase of the DuitNow-PayNow linkage would be launched...

Review of Tabung Haji’s operating model to improve governance, integrity

BANGI: The review of Lembaga Tabung Haji’s (TH) operating model aims to ensure that issues of governance, integrity and reputation are improved in the future, Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said. He said the revision of...

Relax lending rules for banks, Bank Negara urged

KUCHING: The National People’s Wellbeing and Economic Recovery Package (Pemulih) announced on June 28 will benefit many individuals and economic sectors during the Covid-19 movement control order (MCO) 3.0, said Datuk Sim Kiang Chiok. The Sarawak Housing and Real Estate...

Unconditional moratorium will be given to all individual borrowers, micro-entrepreneurs

KUALA LUMPUR: A six-month moratorium will be given to all individual borrowers whether they are from the B40, M40 or T20 groups, or micro-entrepreneurs, Tan Sri Muhyiddin Yassin said. The prime minister said no more conditions such as income reduction,...

Right time to reintroduce initiatives to help the people

KUALA LUMPUR: The government will reintroduce the initiatives that have been implemented previously to assist the people in line with the implementation of the National Recovery Plan (NRP), said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz. He said the...

BNM’s international reserves rise to $111.0 bln as at June 15

KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves stood at $111.0 billion as at June 15, 2021, up from $110.9 billion as at May 31. In a statement today, the central bank said the reserves position is sufficient to finance...

BNM’s international reserves rise to $110.9 bln as at May 31

KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves stood at $110.9 billion as at May 31, 2021, up from $110.6 billion as at May 12. In a statement today, it said the reserves position is sufficient to finance 8.4 months...

Government fails to forfeit RM114 mln

KUALA LUMPUR: The government failed in its application to forfeit RM114 million, allegedly belonging to Umno and former prime minister Datuk Seri Najib Tun Razak that was seized from a premises belonging to Obyu Holdings Sdn Bhd. This followed a decision by...

Banks’ targeted assistance appropriate

KUALA LUMPUR: Banks’ targeted assistance approach to help needy customers is viewed as the most appropriate solution for now as the movement control order (MCO) 3.0 would likely be a short one. The acceleration of the ongoing vaccination programme to...
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Latest News

AKPK developing programme to assist SME borrowers facing cash flow problems

KUALA LUMPUR: The Credit Counselling and Debt Management Agency (AKPK) is developing a Temporary Relief Programme (TRP) to reduce...
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