Business groups ask gov't for blanket zero interest loan moratorium due to pandemic


PETALING JAYA: Several business groups have asked the government for a blanket zero interest loan repayment moratorium until the end of the year or when the country has achieved herd immunity against Covid-19.

These groups want the moratorium to have an opt-out option instead of them having to request the banks, which they say banks could afford.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Willing to pay a little more for better service
Raising the bar for public healthcare
Johor’s busiest hospital to get facelift over next two years
Fatal crash involving lorry, tour bus on NSE causes 10km traffic crawl
Lives destroyed: Cases against Najib and family built on lies, says son
Christmas tree bursts into flames at Subang Jaya mall
Russia considers launching direct flights with Malaysia, Brazil, Pakistan, says minister
Covid-19, influenza cases under control in Malaysia, says Health Ministry
Driver killed after hitting power pole near Kuala Penyu, Sabah
Motorcyclist killed in five-vehicle crash in Kelantan

Others Also Read