Guan Eng insists govt extend loan moratorium to SMEs
DAP leader says small businesses lost RM40.7 billion in 2020, with 580,000 at risk of failure.
Finance Ministry asks banks to offer interest-free loan moratorium for 3 months
Tengku Zafrul hopes policy agreed with Pakatan would come into effect from October to December.
Make loan moratorium interest-free for B40, M40 groups, says Guan Eng
DAP secretary-general says offer pointless if it drives borrowers deeper into debt.
Applications for 6-month loan moratorium open tomorrow
No supporting documents are needed as approval will be given automatically.
Credit card debts not included in loan moratorium, say banking associations
However, debtors can opt to convert the debts into a three-year loan.
Moratorium not interest-free, banks told to waive compound interest
Finance minister says up to borrower, bank to negotiate additional terms.
School bus drivers plead for moratorium on vehicle loans
Not knowing how long schools will remain shut, they have run out of funds to keep up with instalment payments.
Businesses dispute ABM chairman’s say on loan moratorium
Group of 14 organisations say banks do not see people’s plight.
Muslim restaurant owners want automatic loan moratorium, says report
Nearly 5,000 restaurant operators risk going bankrupt if no prompt assistance given.
Loan moratorium brings little relief to motor industry
Auto dealers say a better solution is to allow car, motorcycle retailers to reopen for business.
Armada calls for automatic, interest-free loan moratorium
It would help boost spirits, says Bersatu youth wing.