Its secretary-general says there should be no need for those in the B40 and M40 groups to make applications to their banks. FMTNews MTUC
Those eligible for an extension of the moratorium on loan repayments have been told to submit an application to their bank.
“The government should instead automatically extend the moratorium by at least six months for all B40 and M40 families, irrespective of their employment status,” he said. “It is MTUC’s belief that the application process will see many deserving B40 and M40 applicants failing to getting the moratorium extended.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MTUC: Moratorium extension welcomed but should automatically extend to six months for all B40, M40 Malaysians | Malay MailKUALA LUMPUR, July 29 ― The Malaysian Trades Union Congress (MTUC) suggested today that the government automatically extend the loan moratorium by at least six months for all B40 and M40 families irrespective of their employment status. Despite welcoming the prime minister's announcement, MTUC...
Read more »
MTUC: Moratorium extension welcomed but should automatically extend to six months for all B40, M40 Malaysians | Malay MailKUALA LUMPUR, July 29 ― The Malaysian Trades Union Congress (MTUC) suggested today that the government automatically extend the loan moratorium by at least six months for all B40 and M40 families irrespective of their employment status. Despite welcoming the prime minister's announcement, MTUC...
Read more »
Loan moratorium extension, aid will not affect credit status, says BNM | The Malaysian InsightThe central bank says borrowers can also approach debt management agencies for help.
Read more »
PM: Govt agrees to three-month loan moratorium extension, but only for the jobless | Malay MailKUALA LUMPUR, July 29 ― Prime Minister Tan Sri Muhyiddin Yassin today announced that the government has agreed to further extend the bank loan moratorium for the public, following outcry from those affected by Covid-19 and the movement control order. In a special address today, he said the...
Read more »
Targeted loan moratorium extension, says PM | The Malaysian InsightThose who lost jobs this year and have yet to find a new one will get another 3 months.
Read more »
Anwar: Many Malaysians falling through the cracks of partial loan moratorium extension | Malay MailKUALA LUMPUR, July 30 ― The loan repayment moratorium extension announced yesterday did not provide any relief for significant parts of the country including the self-employed, said Opposition Leader Datuk Seri Anwar Ibrahim. The Pakatan Harapan chairman lauded the Perikatan Nasional...
Read more »