Malaysia's key business guilds have banded together in a coalition to demand that the government facilitates an automatic and blanket bank loan moratorium.
They want this moratorium to last until Dec 31 - or when the country achieves herd immunity against Covid-19 - whichever comes later. They are also demanding that the moratorium should cover all personal facilities, accrues zero interest, charges are waived and an opt-out system is adopted, similar to the first movement control order period...
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: