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 …
Continue ReadingTHE 3rd phase of Movement Control Order (MCO) will end soon. A statement by the Health Ministry yesterday noted that it was not certain as to whether the MCO will be further extended or ended, depending on all data obtained. …
Continue ReadingI welcome the Education Ministry (KPM) announcement to cancel UPSR and PT3 for the year 2020 and to defer Sijil Pelajaran Malaysia (SPM), Sijil Vokasional Malaysia (SVM), Sijil Tinggi Persekolahan Malaysia and Sijil Tinggi Agama Malaysia examinations to the first …
Continue ReadingWHEN 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 …
Continue ReadingAT times when US president was criticised for ceasing aid to the World Health Organisation (WHO), Malaysia continues riding on its reputation as the country working closely with the international community to enhance its healthcare system. The Covid-19 pandemic is …
Continue ReadingTHE South China Morning Post had on April 6 published a scientific finding that the Coronavirus pandemic will continue to exist with a more devastating impact. The newspaper also said that "we need to be thinking about pandemics in the …
Continue ReadingI 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: …
Continue ReadingI have to say that it is not easy to come up with any decision during this difficult times. So as the decision by the Education Ministry to cancel UPSR and PT3 and defer all major examinations. I believe it …
Continue ReadingTHE government has extended the Movement Control Order (MCO) until April 28. However, some businesses are allowed to re-open namely construction, research and manufacturing. Laundrettes and hair saloons are also allowed to operate. This decision needs a reversal in line …
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