Wednesday, 22 Jul 2020 01:31 PM MYTMTUC’s J. Solomon argued that Tengku Zafrul and Bank Negara Malaysia should instead work together and compel banks to extend the moratorium automatically for those in the B40 and M40 groups as well as struggling businesses. — Bernama pic
Solomon argued that Tengku Zafrul and Bank Negara Malaysia should instead work together and compel banks to extend the moratorium automatically for those in the B40 and M40 groups as well as struggling businesses. “It must be noted that Tengku Zafrul’s approach in encouraging the people and businesses to talk directly to the banks is hardly a decision that mitigates the problem. This option has always been there even if he did not say it.
An additional six-month extension on repaying loans will help those who have lost their jobs or are suffering from a dip in income due to closures of many economic sectors due to the movement control order that started in March and is not in it’s fifth phase, Solomon said.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: fmtoday - 🏆 5. / 72 Read more »