MCO 3.0: Blanket loan moratorium may not be the best solution, says BNM | New Straits Times

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NSTnation All banks already have their payment assistance plans, including targeted loan moratoriums, which can be offered to borrowers who have lost their jobs or suffered a reduction in income. Loan Moratorium Bnk BNM MCO Covid19

 

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MCO 3.0: Bank Negara not in favour of blanket loan moratoriumMCO 3.0 | According to BNM, a blanket loan moratorium may not be the best solution for borrowers following the re-imposition of the MCO nationwide. Instead, BNM said borrowers should approach banks to help them meet their debt obligations. Same old story. PKP with economy still open may not also be the best solution to contain the spread of Covid19 effectively. Why only let those handful businesses to continue making profits while mass Rakyat suffers from this PKP. Small traders, golf clubs, bars are not allowed Rakyat seek for fairness and financial aids are immensely needed in time of PKP. All countries with a Prihatin Govt will always think of this aspect before making any decision for a lockdown. Why Malaysia is so different? Can the Governor enlighten the mass Rakyat in this aspect Is BNM operating in their own world? Surely you cannot be asking borrowers to flock the banks when the country is under a lockdown, right? A good example: When the govt implemented the HIDE system, many shoppers were seen flocking to non-HIDE shopping complexes to buy their items
Source: malaysiakini - 🏆 20. / 51 Read more »

PM: Raya home, cemetery visits no longer permitted under new national MCO | Malay MailKUALA LUMPUR, May 10 — The government has now prohibited family visits for Hari Raya Aidilfitri along with all social events under the movement control order to address the rise in the Covid-19 cases in the country, Prime Minister Tan Sri Muhyiddin Yassin announced. However, Muslim couples may...
Source: malaymail - 🏆 1. / 86 Read more »

MCO SOP violations: 460 arrested yesterday | New Straits TimesKUALA LUMPUR: Police yesterday arrested 106 people who had failed to register themselves before entering premises as required by the government amid the Covid-19 pandemic.
Source: NST_Online - 🏆 17. / 53 Read more »

Govt offices fully operational during MCO, says Mohd Zuki | New Straits TimesNSTnation Government offices will remain fully operational throughout the implementation of the Movement Control Order (MCO) nationwide, from tomorrow until June 7. Covid19 MCO3 Well I know kpkt_gov isn’t operational. I have been calling all their numbers and nobody seems to answer. Tpon berdering kt lhdn tp x ada yg jawab🤔🤔🤔🤔
Source: NST_Online - 🏆 17. / 53 Read more »

YouTuber arrested for obscenities, rant over latest MCO | New Straits TimesNSTnation A YouTuber who goes by the name of Apit Wan Lebor was arrested by the police yesterday for uttering obscenities and criticising the government on the re-implementation of the Movement Control Order (MCO). maybe my bahasa has gone down the drain badly - but what obscenities if its the same clip, he was just ranting like any ordinary concerned citizen today!!!! Don't play2 with the common people
Source: NST_Online - 🏆 17. / 53 Read more »