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6-mth blanket moratorium was badly needed | Daily Express Online - Sabah s Leading News Portal

6-mth blanket moratorium was badly needed | Daily Express Online - Sabah s Leading News Portal
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Kuala lumpurInternational financial reporting standardsEmir researchExit strategy building blocksகுவாலா லம்பூர்சர்வதேச நிதி புகாரளித்தல் தரநிலைகள்அமீர் ஆராய்ச்சி

Six-month blanket moratorium is needed for social, business safety nets

28 Jun 2021 / 13:50 H. Pix for representational purpose only. -Bernama KUALA LUMPUR: Loan moratorium for all micro, small and medium enterprises (MSMEs), B40 as well as M40 households, while targeted for other individuals for at least three months or 50 per cent loan payment reduction for six months is needed to ensure social and business safety nets. According to Emir Research, the overwhelming uptake and benefit to the many in the backdrop of a potentially grave economic outlook suggest loan moratorium to be extended to six months of automatic blanket loan moratorium. “The aim is to provide a safety net to those at risk due to the shutting down of economic activities and prolonged unemployment,” the independent think-tank said in its ‘Exit Strategy Building Blocks for Malaysia – Part 1’ research note.

Kuala lumpurInternational financial reporting standardsEmir researchExit strategy building blocksகுவாலா லம்பூர்சர்வதேச நிதி புகாரளித்தல் தரநிலைகள்அமீர் ஆராய்ச்சி

Emir Research: Six-month blanket moratorium is needed for social, business safety nets | Malaysia

Monday, 28 Jun 2021 01:39 PM MYT According to Emir Research, the overwhelming uptake and benefit to the many in the backdrop of a potentially grave economic outlook suggest loan moratorium to be extended to six months of automatic blanket loan moratorium. Bernama pic Follow us on Instagram and subscribe to our Telegram channel for the latest updates. KUALA LUMPUR, June 28 Loan moratorium for all micro, small and medium enterprises (MSMEs), B40 as well as M40 households, while targeted for other individuals for at least three months or 50 per cent loan payment reduction for six months is needed to ensure social and business safety nets.

Kuala lumpurInternational financial reporting standardsEmir researchExit strategy building blocksகுவாலா லம்பூர்சர்வதேச நிதி புகாரளித்தல் தரநிலைகள்அமீர் ஆராய்ச்சி

Six-month blanket moratorium needed for social, business safety nets

EMIR Research suggested the loan moratorium to be extended to six months of automatic blanket loan moratorium. KUALA LUMPUR: Loan moratorium for all micro, small and medium enterprises (MSMEs), B40 as well as M40 households, while targeted for other individuals for at least three months or 50 per cent loan payment reduction for six months is needed to ensure social and business safety nets. According to EMIR Research, the overwhelming uptake and benefit to the many in the backdrop of a potentially grave economic outlook suggest loan moratorium to be extended to six months of automatic blanket loan moratorium. The aim is to provide a safety net to those at risk due to the shutting down of economic activities and prolonged unemployment,” the independent think-tank said in its ‘Exit Strategy Building Blocks for Malaysia - Part 1’ research note.

Kuala lumpurInternational financial reporting standardsExit strategy building blocksகுவாலா லம்பூர்சர்வதேச நிதி புகாரளித்தல் தரநிலைகள்