Summary of business stories July 5 to 10

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A quick recap, from the business world.

The six-month moratorium for all individuals, microenterprises and affected small and medium-enterprises began last Wednesday, according to Bank Negara Malaysia.Digital Nasional Bhd’s appointment of Ericcson and the EMCO.The six-month moratorium for all individuals, microenterprises and affected small and medium-enterprises begins on Wednesday, according to Bank Negara Malaysia.

As for aerospace sector, the permission is also given to the maintenance, repair and overhaul sub-sector.One of the incentives that the government designed to help cash strapped Malaysians and to tide them over during the pandemic is the tapping of the members’ savings in the Employees Provident Fund’s .

Following the announcement of PSU 4.0, the total allocation for the programme is expected to grow to RM15.82 billion, he told a press conference today.Petronas LNG Ltd , a subsidiary of Petronas, has secured a 10-year term deal to supply liquefied natural gas worth RM29bil to CNOOC Gas and Power Trading & Marketing Ltd, a subsidiary of China National Offshore Oil Corporation .

His vast recognition includes the PIKOM CIO of the Year 2015, CIO 100 Index Award for Growth Category awarded to the Hong Leong Bank's PEX capabilities in 2016, Asian Banker Technology Innovation Award 2016 for Cloud-based Project, IDC Financial Insights Innovation Award 2015 and 2016, and IDG's Top 50 Asean CIOs in 2019 and 2020.Countless factories, hotels, restaurants and retailers have shut down.

 

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