#loan moratorium

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

It's unwise to pile pressure on the banking sector.

During my audience, I brought up the matter of the financial plight faced by the rakyat, says DAP sec-gen.

The government can use emergency powers to save businesses before it's too late, says the association.

Minister says many in M40 group, including entrepreneurs and professionals, becoming more desperate for help.

An automatic loan moratorium is a matter of 'life or death', says their spokesman Ahmad Yazid Othman.

Lim Guan Eng says banks have been making a healthy profit despite the pandemic and should extend the programme.

After criticism, finance minister explains why blanket loan moratorium was not included in Pemerkasa Plus.

Delaying payments for bank loan instalments can help prevent bankruptcies, says Asyraf Wajdi Dusuki.

Denying M40 same offer as B40 is not sympathetic to their current financial plight, says ex-finance minister.

This after minister said cannot legally compel banks to allow blanket loan moratorium.

The government had neither the moral basis nor the ‘legal ability’ to suspend Parliament, but they found a way.

The govt merely has to enact an emergency ordinance for the power to do so, says lawyer Haniff Khatri.

The measures announced under Pemerkasa Plus are what the banks had agreed to.

Much needs to be done for the total lockdown to be a success.

A banking group says 95 percent or 1.6 million of applications have been approved up to late March.

UPDATED 3.25PM | Instead, borrowers should approach banks to help them meet their debt obligations, BNM says.

'This would provide instant relief to millions of borrowers besides lubricating the economy with some badly-needed liquidity,' says DAP man.

Industries Unite also questions the logic of making SMEs suffer when factories contribute to more Covid-19 clusters.

Loan moratorium critical for households earning less than RM5,000 monthly to avoid financial distress.

UPDATED 8.20PM | PKR president also demands govt engages with Asean to come up with joint Covid-19 response.

Those who need an additional three-month moratorium can apply from Jan 5.