MTUC president Datuk Abdul Halim Mansor said it was urgent to issue such a directive in view of rampant layoffs and pay cuts in recent months.
"In the meantime, the government can issue an official directive to stop financial institutions from taking action against those genuinely affected by economic uncertainties aggravated by the Covid-19 pandemic," he said. He said this in response to de facto Law Minister Datuk Takiyuddin Hassan's announcement that the bankruptcy threshold would be revised, and that the law would be amended to include automatic three-year reprieve for those declared bankrupt.
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