The Malaysian Trades Union Congress says more than 800,000 people have lost their jobs since the beginning of the year.
“They need an additional six-month respite as clearly, the country needs at least that much time and well beyond to get the economy ticking again, while waiting to go full throttle once the Covid-19 vaccine makes it to our shores,” MTUC secretary-general J Solomon said in a statement. Solomon said statistics showed that more than 800,000 people had lost their jobs in the first five months of the year.
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Matta mohon lanjut 6 bulan lagiPERSATUAN Ejen-Ejen Pelancongan dan Pengembaraan Malaysia (Matta) memohon kerajaan mempertimbang melanjutkan tempoh moratorium pinjaman selama enam bulan lagi khusus bagi industri pelancongan di negara ini.
Source: hmetromy - 🏆 26. / 51 Read more »
Moratorium bayaran balik pinjaman berjumlah RM55.2 bilionkualalumpur Moratorium bayaran balik pinjaman institusi kewangan yang dilaksanakan di bawah Pelaksanaan Pakej Rangsangan Ekonomi Prihatin Rakyat (Prihatin) bermula 1 April lalu berjumlah RM55.2 bilion setakat 13 Julai 2020.
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Zahid willing to settle RM8.79mil outstanding loan for daughter to take over company, court heardKUALA LUMPUR (Bernama): Datuk Seri Dr Ahmad Zahid Hamidi was willing to advance USD$2.058mil (RM8.79mil) from his foundation Yayasan Akalbudi to settle outstanding loan repayments for Ri-Yaz Asset Sdn Bhd, to enable his daughter Nurulhidayah to take over the shares of the company, the High Court here was told on Tuesday (July 14).
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Deferred loan repayments at RM55.2b as at July 13, says Tengku Zafrul | Malay MailKUALA LUMPUR, July 14 — Deferred loan/financing repayments under the moratorium, which took effect on April 1 as part of the Prihatin Rakyat Economic Stimulus Package (Prihatin), are estimated to have reached RM55.2 billion as at July 13. Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said...
Source: malaymail - 🏆 1. / 86 Read more »
JPMorgan sets aside US$10.5b for loan losses as profit top estimates | Malay MailNEW YORK, July 14 — JPMorgan Chase & Co today set aside about US$10.5 billion (RM44.8 billion) in reserves to cover a wave of potential defaults in the aftermath of the Covid-19 pandemic as the largest US bank reported a smaller-than-expected 51 per cent drop in second-quarter profit. The...
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Tengku Zafrul: Deferred loan repayments at RM55.2 billion as at July 13Of the total, RM19.3 billion was utilised by the business sector while RM35.9 billion was utilised by the public, the finance minister says.
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