SME News
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2020-03-26
HSBC offers automatic moratorium for individual and SMEs
KUALA LUMPUR: HSBC Bank Malaysia Bhd and HSBC Amanah Malaysia Bhd is offering automatic moratorium for individual and small and medium enterprise (SME) customers, whereas corporate customers can choose to opt in. The move is in line with Bank Nega...
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2020-03-25
PM says loan moratoriums, credit restructuring worth RM100b
KUALA LUMPUR, March 25 — The government’s move to freeze loan repayments for six months due to the coronavirus disease will provide relief worth RM100 billion to Malaysians, Prime Minister Tan Sri Muhyiddin Yassin said today. The PM sa...
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2020-03-25
Interest rates will continue to accrue on deferred loan payments, Bank Negara reminds borrowers
KUALA LUMPUR, March 25 — Individuals and Small and Medium Enterprises (SMEs) that do not wish or need to avail of the flexibilities of loan and financing repayments can continue with their current repayment structures, Bank Negara Malaysia (BNM...
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2020-03-25
Govt to introduce new campaign to replace Visit Malaysia 2020, says tourism minister
KUALA LUMPUR, March 24 — The Ministry of Tourism, Arts and Culture (Motac) will introduce a new campaign to replace the Visit Malaysia 2020 (VM2020) campaign which was cancelled following the Covid-19 situation. Minister Datuk Seri...
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2020-03-25
Bank promises customers business as usual
PUBLIC Bank and Public Islamic Bank are operating as usual during the movement control order (MCO) until March 31. Public Bank managing director Tan Sri Tay Ah Lek said, “With directives under the MCO and to fulfil its obligation as a financ...