May 1, 2020

A STATEMENT by Bank Negara Malaysia (BNM) yesterday to slap borrowers with accrued interest for car loans is against earlier decision. The government had in Mac agreed to give a 6-month moratorium for hire purchase beginning April until September this …

WHEN Bank Negara Malaysia (BNM) announced on Mac 25 that local banks will provide a 6-month moratorium (deferment of loan servicing or monthly installment) beginning May 1st 2020, it was a relief for the rakyat since they had the impression …

I BREAK it into two aspects. First, the aspect of options for borrowers in line of the latest statement by Bank Negara Malaysia (BNM) last night. Secondly is the aspect of political management. A. BORROWERS OPTIONS There are three, namely: …