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Maybank: No Compounding Interest For Individual, SME, And Corporate Loans During Moratorium
Maybank has also decided that it will not be compounding interest for loans during the moratorium period. All […]
Personal Finance News
RHB Will Also Not Charge Compound Interest During The 6-Month Moratorium
RHB Banking Group (RHB) has announced that it will not be compounding interest during the 6-month moratorium laid […]
Personal Finance News
ABM Expresses Support For BNM’s Directive For Automatic Moratorium
The Association of Banks in Malaysia (ABM) has expressed its agreement with Bank Negara Malaysia’s (BNM) move to […]
Personal Finance News
OCBC: No Compounding Interest On Mortgages & SME Loans For Moratorium
OCBC Malaysia has stated that the interest for its mortgages and SME loans during the six-month moratorium mandated […]
Personal Finance News
Malaysian Cabinet Ministers To Take 2-Month Pay Cut For Covid-19 Fund
The prime minister, ministers, and deputy ministers in the Malaysian Cabinet will be taking a two-month pay cut […]
Personal Finance News
BigPay Reduces Credit Card Top Up Limit By 50%, Effective Immediately
BigPay is announcing a huge change to its credit card top up option by reducing the limit by […]
Personal Finance News
HSBC Malaysia Will Not Be Compounding Interest On Loans During Moratorium Period
HSBC Malaysia has announced that it will not be compounding the interest charged for its loans during the […]
Personal Finance News
Ministry of Transport: Expired Road Tax And Driving Licences Exempted During MCO
Drivers with expired driving licences or road tax have been excused from renewing their documents during the ongoing […]
Personal Finance News
Bank Negara Releases FAQ On Loan Deferment Measures
Bank Negara Malaysia has announced several loan repayment deferment measures for households and small and medium-sized enterprises (SMEs) […]
Personal Finance News
Outstanding Credit Card Balances To Be Converted To 13% p.a. Term Loans
Banks will convert outstanding credit card balances into 3-year term loans with a 13% p.a. interest rate to […]
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Personal Finance News
Maybank Offers 5% Returns on MAE Wallet Transfers For Its 5th Anniversary
Maybank has launched a limited-time campaign to celebrate the fifth anniversary of its MAE app, offering customers 5% […]
Personal Finance News
DOSM: Household Income And Spending Rise In 2024, Cost Pressures Persist
Malaysia’s average household income and spending continued to rise in 2024, reflecting stronger earnings and economic recovery across […]
Personal Finance News
DOSM: Malaysia’s Poverty Rate Falls to 5.1% in 2024, Income Inequality Narrows Further
Malaysia’s poverty rate continued to decline in 2024, with national data showing improvements across urban and rural households […]
Personal Finance News
Govt Announces RON95 Subsidy Reimbursement For Companies Awaiting Fleet Cards
The government has introduced a temporary cash reimbursement facility for public and goods transport companies that are part […]
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