Covid-19

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Covid-19
MEDAC: Six-Month Moratorium On Loan Repayments For Cooperatives
- 26th March 2020
The Ministry of Entrepreneur Development and Cooperatives (MEDAC) has announced a six-month moratorium on loan repayments for cooperatives. […]
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Covid-19
Malaysian Cabinet Ministers To Take 2-Month Pay Cut For Covid-19 Fund
- 26th March 2020
The prime minister, ministers, and deputy ministers in the Malaysian Cabinet will be taking a two-month pay cut […]
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Covid-19
Ministry of Transport: Expired Road Tax And Driving Licences Exempted During MCO
- 25th March 2020
Drivers with expired driving licences or road tax have been excused from renewing their documents during the ongoing […]
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Covid-19
Bank Negara Releases FAQ On Loan Deferment Measures
- 25th March 2020
Bank Negara Malaysia has announced several loan repayment deferment measures for households and small and medium-sized enterprises (SMEs) […]
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Covid-19
Outstanding Credit Card Balances To Be Converted To 13% p.a. Term Loans
- 25th March 2020
Banks will convert outstanding credit card balances into 3-year term loans with a 13% p.a. interest rate to […]
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Covid-19
Interest Will Still Accumulate During BNM’s Automatic Moratorium For Individuals And SMEs
- 25th March 2020
Bank Negara Malaysia (BNM) has announced a six-month automatic moratorium on loan repayments to small and medium enterprises […]
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Covid-19
BNM Announces Automatic Moratorium On All Bank Loans For Individuals And SMEs; Deferment Of 6 Months
- 25th March 2020
Bank Negara Malaysia (BNM) has announced a number of updates to provide some relief to those facing financial […]
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Covid-19
PLUS Defers 1 April RFID Implementation Due To Movement Control Order
- 24th March 2020
PLUS Malaysia has postponed the RFID launch for its closed-system toll plazas in light of the current Covid-19 […]
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Covid-19
Ministry Of Finance: Tax Deductions Allowed For Donations To Covid-19 Fund, Health Ministry
- 24th March 2020
The Ministry of Finance has announced that individuals and corporations that donate to the Covid-19 fund and the […]
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Covid-19
Public Transport Services Will Be Limited To Specific Hours During The Movement Control Order
- 24th March 2020
In line with the country’s ongoing enforcement of the movement control order, Prasarana Malaysia Berhad has tightened the […]
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How To Check If Your Hotel Stay Is Eligible For The Tourism Tax Relief
Jacie Tan
- 7th April 2022
If you had booked a hotel or visited a tourist attraction in Malaysia during 2021, you could be […]
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GBG: Malaysian Financial Institutions Face Fraud Management Challenges In Spurring Digital Growth
Alex Cheong Pui Yin
- 15th October 2020
Global technology specialist GBG has revealed that Malaysian financial institutions are facing various challenges in fraud management even […]
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Malaysian Banks And Local Institutions Offer Financial Assistance For Customers Affected By Covid-19
Alex Cheong Pui Yin
- 1st April 2020
(Last update: 1 April 2020, 3.40pm to include FAQs by banks.) With Malaysia going into an extended period […]
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Malaysia Bank Moratorium: Why You Should Opt For The 6-Month Deferment For ALL Loans (Updated)
Pang Tun Yau
- 6th May 2020
EDITOR’S NOTE: This article refers to the 2020 loan moratorium, and the information here may be outdated. Please […]