Bank Negara expects business conditions to improve in second half of 2020 | Malay Mail

📆 10/14/2020 2:09 AM
📰 malaymail

⏱ Reading Time:
24 sec. here
2 min. at publisher
📊 Quality Score:
News: 13%
Publisher: 86%

United States News News

United States United States Latest News,United States United States Headlines

KUALA LUMPUR, Oct 14 ― Bank Negara Malaysia (BNM) expects business conditions to improve in the second half of the year (2H2020), in line with the gradual improvement in economic activity. “The extension of targeted financial relief measures will continue to help support businesses alongside...

Wednesday, 14 Oct 2020 12:31 PM MYT

“The extension of targeted financial relief measures will continue to help support businesses alongside corporate and small and medium enterprise guarantee schemes as the recovery takes a stronger hold. Corporate sector external debt increased by 4.9 per cent, mainly driven by additional borrowings by firms in the oil and gas-related sector and valuation effects following the weaker ringgit during 1H2020 against selected major and regional currencies.

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:

Write Comment

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bank Negara sees most Malaysian households withstanding equity market shocks | Malay MailKUALA LUMPUR, Oct 14 — Some households are facing increased financial stress, despite a cautious stance that reflected in the weaker loan growth amid movement restrictions and lower discretionary purchases.  As of June 2020, household debt moderated to 4.0 per cent compared with 5.5 per cent...
Source: malaymail - 🏆 1. / 86 Read more »