Business guilds: Permerkasa Plus not enough, we want automatic moratorium

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The blanket bank loan moratorium must stay till Dec 31 or when herd immunity is reached - whichever is later, they say.

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...

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