The way forward is a targeted approach
KUALA LUMPUR: The higher the rate of unemployment, the higher the level of non-performing loans (NPLs). That is the simplest hypothesis to explain the hike in NPLs especially in times of crises. NPL occurs when the borrower is in default continuously between three and six months after failing to make any scheduled payments of principal […]
An uphill battle for the Ringgit
By Aishah Mohmad Afandi KUALA LUMPUR: The year 2020 has been gloomy so far, with dark clouds expected to continue casting shadows as the Covid-19 pandemic carved its devastating path through economies worldwide, leading many to come face-to-face with recession. Global unemployment rate had increased in April and May, especially in the United States (US) which saw more than 40 million […]
