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BNM: All loan borrowers with reduced income eligible for lower monthly instalments
KUALA LUMPUR: Bank Negara Malaysia (BNM) today reiterated that all loan borrowers who have suffered a drop in income, including salary, allowances, commissions and household incomes, are eligible for a reduction of monthly instalments according to the reduced income. In
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MCO 3.0: 2,262 enforcement officers, 222 consumerism coordinators monitoring supply of essential goods nationwide
KUALA TERENGGANU: The supply of essential goods nationwide is still adequate and stable despite the reported increase in shopping activities at supermarkets over the past three days, says Deputy Minister of Domestic Trade and Consumer Affairs Datuk Rosol Wahid (pix). He
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US Department of Justice remits RM1.9 bln of seized 1MDB funds to Malaysian government
KUALA LUMPUR: The United States (US) Department of Justice (DOJ) has remitted about RM1.9 billion (US$452.36 million) seized in matters related to the 1Malaysia Development Bhd (1MDB) into Malaysia’s Assets Recovery Trust Account, the Ministry of Finance (MoF) said. To date,
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Malaysia needs new generation of manufacturers to remain sustainable
KUALA LUMPUR: Malaysia needs to create a new generation of manufacturers to be more agile, flexible, sustainable and productive amidst the fast-evolving needs of the industry and economic uncertainties. Deputy Minister of International Trade and Industry (MITI), Datuk Lim Ban Hong said
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Ramadhan #DiSurabayaAja with Four Points by Sheraton Surabaya, Pakuwon Indah
SURABAYA, Indonesia, April 27, 2021 /PRNewswire/ — In this month of Ramadan in 2021, Four Points by Sheraton Surabaya, Pakuwon Indah presents an interesting experience for those who miss the atmosphere of breaking the fast with family and friends at the hotel
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Finance Ministry sees aid measures helping to achieve good data, boosting GDP this year
KUALA LUMPUR: The Finance Ministry believes the implementation of various financial aid and support measures for the people and close monitoring can help the country to achieve good data, hence helping Malaysia towards achieving its gross domestic product (GDP) target of
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Sufficient supply of fresh chicken until after Raya Celebration
PUTRAJAYA: The supply of fresh chicken is guaranteed to be sufficient until after the Aidilfitri celebration, said Domestic Trade and Consumer Affairs Minister Datuk Seri Alexander Nanta Linggi. He said that his ministry had held discussions with several large-scale poultry producers,
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‘New model needed to rev up Bumiputera economy’
KUALA LUMPUR: Nearly 64 years after attaining independence, Malaysia’s bumiputera agenda has yet to bear the desired results. This is because poverty continues to haunt the biggest component of the nation’s population while bumiputera corporate equity ownership is still far below
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Malaysia needs clearer economic directions to attract FDI
KUALA LUMPUR: Former second finance minister Datuk Seri Johari Abdul Ghani has called for clearer economic directions to attract and sustain foreign direct investments (FDI) into Malaysia. Speaking at the annual Umno General Assembly today, he urged the government to speed
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Moody’s revises Malaysian banks outlook to stable from negative
KUALA LUMPUR: Moody’s Investors Service has revised Malaysia’s banking system outlook to stable from negative to reflect an improving operating environment. It expects banks’ prudent underwriting, together with strong capital and liquidity, will shield banks from any incremental financial stress caused
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