Professionals on edge as moratorium nears end

Sheridan Mahavera Noel Achariam

Many professionals are looking into ways to cut back on spending to make sure they are able to repay their loans once the bank moratorium ends next month. – The Malaysian Insight pic by Hasnoor Hussain, August 6, 2020.

LOGAN Terence Gomez was going to open his neighbourhood deli-restaurant in Bangsar, Kuala Lumpur in March when the Covid-19 pandemic hit.

To keep his business from going under, Gomez waived his salary and instituted a 40% pay cut for his five staff members.

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