Covid-19: Former finance minister Guan Eng urges govt to extend moratorium | Malay Mail

Saturday, 18 Jul 2020 01:55 PM MYT

GEORGE TOWN, July 18 ― The government should extend the loan moratorium given to borrowers by another six months to save businesses and jobs, said former finance minister Lim Guan Eng."We hope the government will extend the moratorium by another six months like what Japan has done. We are asking for this first although there are other matters ,” he said when speaking at a community function in Bukit Bendera near here today.

On March 25, Prime Minister Tan Sri Muhyiddin Yassin announced the moratorium on loan repayments that is due to end on September 30.

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Moody’s: Covid-19 crisis bring long-term changes to structured finance | Malay MailKUALA LUMPUR, July 16 — The Covid-19 crisis is bringing long-term changes to structured finance worldwide, altering the risk profile of many asset classes because of the effects of government’s intervention, behavioural changes and other developments, said Moody’s Investors Service today....
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