Covid-19 Temporary Measures Bill to help individuals, companies recover, says minister
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Wednesday, 22 Jul 2020 09:57 PM MYT
KUALA LUMPUR, July 22 鈥� The Implementation of Temporary Measures to Reduce Impact of Covid-19 Bill, which is being drawn up, is set to create room and opportunities for the recovery process of affected individuals and companies while stimulating the country鈥檚 economy in the long term.
Hence, Minister in the Prime Minister鈥檚 Department (Parliament and Law) Datuk Takiyuddin Hassan expressed hope it would be welcomed and supported by every layer of society in order to achieve the goals in drafting the Bill.
鈥淭his is the government鈥檚 commitment to reduce the legal impact of Covid-19 with the hope of ensuring the continued well-being of the public,鈥� he said in a written reply to Datuk Seri Mukhriz Mahathir (Independent-Jerlun) at the Dewan Rakyat sitting today.
Mukhriz asked whether the government would introduce an Act to protect companies and individuals for failing to fulfil the terms of an agreement or contract as a result of Covid-19.
Read more: Covid-19 Temporary Measures Bill to help individuals, companies recover, says minister
Bekalan air di Klang pulih 100 peratus, Kuala Langat berperingkat
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Rabu, 22 Julai 2020 | 11:46pm
KUALA LUMPUR: Gangguan bekalan air di kawasan Klang yang berlaku berikutan insiden paip pecah di kawasan tanah mendap sejak Isnin lalu, pulih 100 peratus pada jam 9 malam ini, manakala bagi lapan kawasan di Kuala Langat, masih dilakukan secara berperingkat.
Ketua Komunikasi Korporat Pengurusan Air Selangor Sdn Bhd (Air Selangor) Elina Baseri dalam kenyataan malam ini berkata, lapan kawasan yang masih belum pulih itu membabitkan seluruh kawasan Sijangkang dan Kampung Medan, Jalan Sijangkang Utama, Eco Sanctuary, Batu 9 Kebun Baru, Taman Perwira, Taman Seri Medan, Taman Sijangkang Jaya dan Tropica Aman.
"Air Selangor menjangkakan bekalan air pulih sepenuhnya jam 6 pagi esok.
Read more: Bekalan air di Klang pulih 100 peratus, Kuala Langat berperingkat
What money do you want us to spend?
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Wednesday, 22 Jul 2020 07:51 AM MYT
JULY 22 鈥� The last week or so, it felt as though the government had spent a lot of time stating the obvious.
The poverty line has been revised (at last) and on another note, numbers showed that so many children were unable to access learning resources remotely.
We also have hundreds, perhaps thousands of university students left in a bind as they need to return to campus a lot sooner than anticipated.
With so many Malaysians losing their jobs or getting pay cuts, it feels inappropriate for the prime minister to call on Malaysians to spend.
Spend with what, or whose money?
A lot more Malaysians are more focused on cutting back or saving for a rainy day. In my case, I'm just waiting a few more months so I can switch to a cheaper phone contract.
Mixed reaction to mandatory face masks in public
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Tuesday, 21 Jul 2020
PETALING JAYA: As the government mulls making the wearing of face masks in public places mandatory, some are for it while others offer a more cautious view as the country continues in its fight against the Covid-19 pandemic.
Alliance for Safe Community chairman Tan Sri Lee Lam Thye said complacency had started to set in with many Malaysians disregarding social distancing, wearing face masks and avoiding crowded places.
鈥淚 think the statement by Tan Sri Muhyiddin Yassin is very apt, relevant and timely.
鈥淔rom what we have been observing, compliance with the standard operating procedure has been reduced with social distancing and use of face masks not being practised in many places, especially in crowded areas.
鈥淭he Prime Minister is warning us not to let our guard down, otherwise there will be a second wave, 鈥� he said.
Compassionate banking needed now more than ever - FOMCA
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22 Jul 2020, 4:27 pm
LETTER | Come October, after the brief moratorium on loans, all consumers will have to face the banks they have taken loans with. This will include those who have lost their jobs or had their incomes reduced. Daily wage earners or workers in the so-called "gig" economy will not be exempted.
It is indeed a challenging and painful period for many individuals and families. Firstly, they may already be facing the loss of employment and income, but what may be scarier is the uncertainty of the future in terms of job vacancies or income stability. They will have to meet the banks to renegotiate their loans.
Now more than ever is the time for banks to show compassionate banking. The concept is basically about the banking system acknowledging difficulties faced by borrowers in trying times.
Read more: Compassionate banking needed now more than ever - FOMCA
Loan repayment freeze to end in September as scheduled, says finance minister
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July 21, 2020 10:53 AM
PETALING JAYA: Finance Minister Tengku Zafrul Abdul Aziz says the moratorium on loan repayments will end in September as scheduled.
He said a targeted approach would be taken moving forward as under the recovery movement control order (RMCO), many businesses were now back in operation and able to service their loans.
The six-month freeze on loan repayments was introduced on April 1. It will end on Sept 30.
Source:
Tiada kenaikan tarif air ketika berdepan COVID-19
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Selasa, 21 Julai 2020 | 10:58am
KUALA LUMPUR: Kerajaan memberi jaminan tarif air tidak akan dinaikkan ketika rakyat masih berdepan bebanan dan tekanan hidup berikutan penularan COVID-19.
Justeru, Menteri Alam Sekitar dan Air, Datuk Tuan Ibrahim Tuan Man, berkata rakyat tidak perlu risau berhubung perkara itu.
"Kerajaan akan menanggung kos dalam situasi susah sebab kerajaan prihatin disamping pelbagai tawaran (bantuan) yang diberi (oleh kerajaan).
Read more: Tiada kenaikan tarif air ketika berdepan COVID-19
Banks will not extend moratorium
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Tuesday, 21 Jul 2020
PETALING JAYA: Borrowers will need to start repaying their loans from October onwards as the banks will not extend the automatic loan moratorium, banking sources said.
However, an industry source said while the blanket moratorium would end, banks are open to assist borrowers to restructure and reschedule their loans in a more targeted manner.
鈥淚t is estimated that there will be three million borrowers who will take that offer up, 鈥� the source told StarBiz.
Earlier, Bank Negara was quoted as saying that the banks stood ready to assist borrowers in a more targeted manner and have reached out to borrowers to offer various forms of repayment assistance including payment of interest only, lengthening of loan tenure and flexible repayments.
Sources said that among the reasons for a no automatic and blanket moratorium was because the banks wanted borrowers to approach financial institutions to renegotiate their loans.
Paip pecah: Klang, Kuala Langat dijangka alami gangguan bekalan air
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Julai 20, 2020 10:48 pm
SHAH ALAM, 20 JULAI: Beberapa kawasan di Klang dan Kuala Langat dijangka mengalami gangguan bekalan air tidak berjadual akibat paip pecah di simpang jalan antara Jalan Johan Setia dan Jalan Langat, Klang petang tadi.
Ketua Komunikasi Korporat Pengurusan Air Selangor Sdn Bhd (Air Selangor) memaklumkan kejadian jam 4 petang tadi susulan tanah mendap di tapak kerja Transit Aliran Ringan 3 (LRT3) GS10.
鈥淏antuan air melalui lori tangki ke kawasan terlibat digerakkan bagi membantu pengguna yang terjejas,鈥� kata Elina Baseri dalam kenyataan.
Kawasan terlibat seperti berikut:
Read more: Paip pecah: Klang, Kuala Langat dijangka alami gangguan bekalan air
FMM calls for loan moratorium extension by a further six months
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Monday, 20 Jul 2020 01:58 PM MYT
KUALA LUMPUR, July 20 鈥� The Federation of Malaysian Manufacturers (FMM) has called for the loan moratorium for small and medium enterprises (SMEs) and individuals which will end in September 2020, to be extended by a further six months.
In a statement today, the association said this would provide a much-needed breathing space and further ease the tight cash flow that the SMEs and individuals were currently experiencing.
Its president, Tan Sri Soh Thian Lai said the extended moratorium could provide financial relief to those who are currently economically disadvantaged, especially companies that are struggling to sustain their businesses and workers who have been retrenched and have lost their source of income.
鈥淎t the same time, to ensure that the economy can quickly recover, the extended moratorium would allow SMEs to tap and benefit from the various initiatives that have been introduced under the Penjana Short-Term Economic Recovery Plan, without burdening businesses with the cost of servicing their loans/financing and indirectly reduce their cost of business survival,鈥� he said.
Read more: FMM calls for loan moratorium extension by a further six months
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