Prime minister Tan Sri Muhyiddin Yassin has announced a six-month loan repayment moratorium for all Malaysians. This is similar to what was approved in the first MCO early last year.
While financial institutions have continued to provide targeted loan assistance to individuals impacted by Covid-19 and movement control orders, this time around, the moratorium is for everyone, from the B40 segment to the country’s top 20% earners (T20), and micro entrepreneurs.
There will be no need for proof of pay reduction or job loss, and no documents are required. Applications will open on July 7, and borrowers just need to apply with the bank and sign the amended loan agreement form. Approval will be automatic for individual borrowers. Small and medium enterprises (SMEs) can also apply, but for companies, it’s subject to review by the banks (not automatic).
“I hope that this moratorium initiative will help individual borrowers and SMEs in managing their cashflow during this challenging period. However, I would like to advice borrowers to use this offer wisely and if you’re not in desperate need, do not add to your financial commitments,” the PM added in his Covid-19 Pemulih bantuan announcement this evening.
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Lambat sangat Abah… Kite yang dah pegi kat Tailong macam mane pula. baru je picit keluar RM47,500 buat modal niaga Hostel bajet..
Kenny Tan on Jun 29, 2021 at 11:21 am
Boleh bagitahu kerajaan supaya kecualikan negeri Selangor dari angka Covid19 nasional kerana tanpa angka dari negeri tu, mmg angka harian bawah 4000 kes sehari. Knp negeri lain turut dan terpaksa tanggung lockdown? Kerajaan nak bagi semua negeri/sektor/peniaga/rakyat mampus? Ketatkan SOP untuk semua negeri yg lain je. Yg kat Selangor tu, tutup/tingkatkan SOP yg lebih ketatlah.
Amir on Jun 29, 2021 at 1:42 pm
Siapa yg berkerajaan di Selangor? Pakatan Harapan. Diaorang akan dengar Federal Gomen? Jangan harapanlah!
nst.com.my/news/nation/2021/05/691378/given-choice-selangor-says-will-reject-total-lockdown-proposal
Amir, tolong jangan guna berita lama. Itu berita pada 16 May, sebelum FMCO pada 28 May.
nst.com.my/news/nation/2021/05/691378/given-choice-selangor-says-will-reject-total-lockdown-proposal
Tengoklah berita yang terbaru ni (dari UTUSAN UMNO)
Miti yang memberi kebenaran untuk kilang-kilang beroperasi di Selangor dan menyumbang kepada kluster covid di Selangor.
MITI bawah Kerajaan Negeri atau Persekutuan?
MITI is very clear about which factories can be operation in Selangor
1.Aeroangkasa (komponen dan maintenance, repair and overhaul – MRO)
2.Makanan dan minuman
3.Bahan pembungkusan dan percetakan hanya berkaitan bahan makanan dan kesihatan
4.Barang-barang penjagaan diri dan bahan pencuci
5.Keluaran penjagaan kesihatan dan perubatan
6.Barang penjagaan diri, peralatan perlindungan diri (PPE) termasuk sarung tangan getah dan peralatan keselamatan kebakaran
7.Komponen bagi peranti perubatan
8.Elektrikal dan Elektronik (kepentingan rantaian ekonomi global)
9.Minyak dan gas (Oil and Gas) termasuk petrokimia dan produk petrokimia
10.Mesin dan peralatan hanya berkaitan kesihatan dan makanan sahaja
11.Tekstil untuk pengeluaran PPE sahaja
12.Pengeluaran, penyulingan, penyimpanan, pembekalan dan pengagihan bahan api dan pelincir
And yet we hear these news (Ismail Sabri: 113 factories ordered to close during lockdown) so is it MITI fault or human greed? Why Selangor state allowed them to open?
Bro. MITI only allowed factories manufacturing essential goods & products to continue running but under strict SOP. Other than those you can blame the State.
I repeat. Can’t wait for people to become now expert of those finance, economic, pandemic, virology, infectious diseases, etc and brag on forums.
Now the boss stop paying 6 months of company cars,
1 company car easily 1 B40 worker salary.
While company competing to survive and be stronger.
Lets pause for a moment and reflect.Why we are in this lockdown and bailout predicament.
In April – May ,there were opening up of schools,and worst still bazaars at full steam.
The lesson no one seem to learn is “Covid is a cluster disease”.Poor ventilation coupled with close proximity is the perfect recipe for the current state of covid explosion.
Say,we manage to bring the cases down to below 4k cases daily,but poor compliance and poor enforcement make the figures creep up again.How many lockdowns can we afford?
By MCO4.0 ,the banks will perhaps say ‘we cant continue moratoriums.Perhaps we only grant 30% moratoriums.”
To make matters worst,we have a senior menteri blatantly eating in a cafe and a renowned singer having a durian feast.How to expect everyone to comply with sops when those VVIPs are blatantly showing bad examples?
The battle with covid is already lost if there are inconsistencies and non compliance from the start.
Many who have been retrenched are economic beggars now,alto we dont see them on the streets begging for food.
The rakyat is simply left speechless by the current situation.
It really exploded after Sabah elections and that is the tipping point in the up til then successes of holding back covid infections.
As a counterpoint, yesterday the Swedish Govt has collapsed due to their PM loss support of his MPs. But rather than taking the imbecilic route of clinging to power and calling for an election, as happened in Sabah, he chosen to resign and prevent such an event stating that “a snap election in mid-pandemic was not what is best for Sweden”.
And now we have one side, chaffing to hold national elections despite the warnings from that eminent Swede, despite emeritus doctors had published an open letter pleading for govt stability and not to have elections until this is over.
What’s worse recently we had a state minister lying thru her teeth and hiding tons of vaccines from the rakyat claiming there were shortage but was embarrassingly chastised and show the true figures by our esteemed Covid-19 National Immunisation Programme (NIP) coordinating minister.
I’m speechless at some of our YBs and ministers level of lust for power and recognition. Why can’t they be magnanimous like Mr Stefan Lofven, the Swede ex-PM that gave way to starve a catastrophe?
Taiwan, Singapore, New Zealand and South Korea also held their elections in 2020. I wonder why there are no large covid cluster break out in these place?
Is it? Taiwan, Singapore, NZ and SK are in their own umpteen lockdowns now. India with their recent elections has gave up controlling their own outbreaks leading to Sydney’s lockdown.
Copy paste:
“INIKALILAH —-JOM UBAH
SO HOW NOW???
Happy ?
before that u were Playing with rhetorics now the impact all Malaysian suffer..
Good move!!! guys”
Interest still on.
But will there be interest charged on the deferred loan ?
Following last year’s arrangement the loan period should be lengthened without penalties but make it what you will if preferring to delay loan repayment when you still can afford it.
Take the PM’s advice, if you can continue repayment then do it. If you cannot afford it, your worries on extra interest should be the least of your concerns.
Everything started back after the Sabah election. You want power and recognition, this makes us today.
The government is doing all wrong, making us “rakyat” to suffer. They think they are helping, think again. We never ask for it, but we are force to it.
Thank you very much.
…….great news! We suffer longer now. Thanks.
Suffer longer or die a quick death, your choice. At least you got a choice unlike many other people.
Bank beri kelulusn semua…kecuali Kad kredit…bagaimana bayran yg disatukan sekali CTH loan Kereta, personal loan, kad kredit disatukan semuanya utk satu pembayaran saja….adakah permohonan moratorium nie jga bole Lulus……
Your credit card is not a loan. If you have problems paying that your issues are way deeper than Covid, lockdown, MCO, or moratorium.
Six month moratorium
TQ
Selangor paling tinggi penyumbang COVID19, negeri lain turut terkena tempiasnya. Kata pepatah, org lain makan nangka,org lain turut terkena getahnya. Org lain mkn nasi, org syg x makan pun turut kenyang.
Halafizam zaini
Mohon moratorium kereta SAB 2636 W 6 bulan 100%
Hi, for the Moratorium did we still needs to apply for it or Automatic arrange by bank? I have housing loan at RHB , Hire Purchase at Ambank and Maybank.
Can anyone guide me. Thanks
Work from home
I want apply for car loan for 6 months
Siti khatijah binti al vakri