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Friday, 17 Jul 2020
FORMER prime minister Datuk Seri Najib Razak has urged Bank Negara and other banks in the country to reconsider the decision not to extend the moratorium on loans beyond September.

Expressing his concern that many borrowers and companies might go bankrupt trying to pay their monthly instalments after September, Najib said the main reason banks wanted these payments to continue was so that they had funds to provide fresh loans.

“But if demand for new loans has dipped, then there is no need for banks to force their customers to repay the principal payment, ” he said during his speech on the motion of thanks for the Royal Address.Due to expire in September after a six-month period, the government announced the moratorium in March as part of a plan to address the economic fallout due to Covid-19.Najib said if banks were not able to extend the moratorium, they should consider allowing borrowers to only repay the interest in their monthly instalments.

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Jumaat, 17 Julai 2020 @ 8:43 AM
SEBANYAK 286 atau 99 peratus daripada jumlah kawasan yang terbabit gangguan bekalan air berjadual sejak 14 Julai lalu, pulih sepenuhnya setakat 7 pagi tadi.

Pengurusan Air Selangor Sdn Bhd (Air Selangor) dalam satu kenyataan memaklumkan daripada jumlah itu, empat kawasan di wilayah Klang/Shah Alam masih dalam proses pemulihan, manakala wilayah Kuala Langat, Gombak, Kuala Lumpur dan Petaling, masing-masing pulih 100 peratus.

"Kawasan yang masih mengalami gangguan bekalan air adalah keseluruhan Taman Sentosa Klang, keseluruhan Taman Sri Andalas Klang, Jalan Raja Nong Klang dan Jalan Rajion Klang.

"Usaha menstabilkan sistem agihan bekalan air sedang giat dilaksanakan untuk mempercepatkan proses pemulihan bekalan air di kawasan yang masih terjejas," menurut kenyataan itu.

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Friday, 17 Jul 2020 05:40 AM MYT
KUALA LUMPUR, July 17 — One of the biggest challenges faced by the Federal Commercial Crime Investigation Department (CCID) is people’s gullibility.

The department’s acting director Commissioner Datuk Saiful Azly Kamaruddin said despite all the warnings and stories in the media about people being cheated, people are still falling for various scams like “love scams”, “Macau scams” and “Pos Laju scams.”

With Malaysia reopening again after so many months of restrictions due to the Covid-19 pandemic, Saiful Azly warned that scammers have kept up with the times and become more creative as they too need to earn a “living”.

In an exclusive interview with Malay Mail on Tuesday, he said that the department saw a spike in cases in the first six months of the year compared to last year,

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Indians need to survive 2 types of Moratorium Fraud in COVID2019 ...16 Julai 2020
KUALA LUMPUR - Bekas Perdana Menteri, Datuk Seri Najib Tun Razak menyarankan supaya Bank Negara Malaysia (BNM) dan semua bank di negara ini mengkaji semula keputusan untuk tidak melanjutkan tempoh moratorium kepada peminjam.

Ahli Parlimen Pekan itu berkata, inilah masanya bank perlu berkorban supaya pelanggan mereka tidak terjejas dan masih mampu untuk mengembalikan keuntungan berbilion-bilion kepada mereka pada masa depan apabila krisis koronavirus (Covid-19) berakhir.

Katanya, beliau bimbang banyak syarikat dan peminjam bank tidak mampu membayar ansuran bulanan apabila moratorium tamat sehingga terpaksa diisytiharkan muflis.

"Jika bank tidak mampu melanjutkan lagi moratorium untuk bayaran ansuran bagi kedua-dua pokok dan faedah pinjaman, pertimbangkanlah untuk memberi tempoh di mana peminjam cuma perlu bayar ansuran bulanan bagi bahagian faedah sahaja dan tidak melibatkan jumlah prinsipal.

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July 16, 2020 @ 12:42pm
GEORGE TOWN: The Consumers' Association of Penang (CAP) has warned consumers against taking lightly the moratorium on loan repayment offered by banks amid the Covid-19 pandemic.

According to Bank Negara Malaysia, any appeal for extension after the current six-month moratorium ends will be closely scrutinised based on the restructuring of loans, on a case-by-case basis.

CAP president Mohideen Abdul Kader urged consumers who really need to restructure their repayments to approach their respective banks soonest possible, to renegotiate their loans before the moratorium deadline on Sept 30.

"Consumers must not wait until the last minute to appeal. The reason is, immediately after the deadline, any non-payment of loan will be considered as a default in payment and it starts to accrue interest which can be exceedingly painful.

"Also, consumers who have a number of loans with more than one bank, or have had pay cuts and are facing difficulties in servicing the loans, can consult the Credit Counselling and Debt Management Agency (AKPK). The agency can counsel, or if required, restructure, multiple loans of a borrower to safeguard the person's financial well-being," he said today.

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Tuesday, 25 Jun 2019 07:05 AM MYT
KUALA LUMPUR, June 25 — The number of poor Malaysians is higher than official figures if the relative poverty line reflects today’s reality, Khazanah Research Institute (KRI) said.

The research house wrote in a June 11 note on its 2018 report on the state of Malaysian households that the number of relatively poor households rose to 1.54 million in 2016 from 1.08 million in 1995, after it raised the threshold to measure incidence of relative poverty to 60 per cent of the median household income.

Currently, the government defines relative poverty as families earning between the official poverty line income (PLI) and below the 50 per cent national median household earning, a baseline KRI said was still the lowest among other countries with similar median income level.

“Our own calculations using 60 per cent median show a slightly higher number (of relative poverty households) as we use a higher percentage and include also those below the PLI,” the note said.

Critics would likely cite the findings to reaffirm what they have long believed: That Malaysia’s impressively low number of poverty incidence masked a bleaker reality that belies its much-touted success.

By setting the bar unrealistically low, previous administrations claimed it achieved astounding success in eliminating absolute and hardcore poverty. Up until last year, poverty was only measured through the PLI and the consumer price index.

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Rabu, 15 Julai 2020 | 5:22pm
KUALA LUMPUR: Pimpinan mahasiswa secara umum menyambut baik keputusan kerajaan mengurangkan kadar yuran asrama, perkhidmatan dan aktiviti mahasiswa universiti awam (UA) sehingga 15 peratus.

Rata-rata pemimpin pelajar di UA melihat langkah itu mampu mengurangkan sedikit beban ibu bapa, khususnya yang terjejas pendapatan atau kehilangan pekerjaan akibat pandemik COVID-19, selain golongan B40.

Bagaimanapun, ada pemimpin mahasiswa berharap Kementerian Pengajian Tinggi (KPT) dapat mempertimbangkan untuk menambah kadar pengurangan yuran itu kepada antara 20 hingga 25 peratus.

Presiden Kesatuan Pelajar Universiti Islam Antarabangsa Malaysia (IIUMSU), Amir Nadzim Kaharudin, mengakui pengurangan itu langkah tepat dan meringankan beban ibu bapa walaupun kadarnya agak kecil.

"Yuran penginapan di UIAM adalah RM550, bermakna pengurangan 15 peratus adalah sekitar RM80 manakala yuran aktiviti dan perkhidmatan yang merujuk kepada penggunaan perpustakaan, makmal dan pengangkutan adalah RM200, dengan pengurangan kira-kira RM30.

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16 Julai 2020
SEBANYAK 15 daripada 62 cawangan pasar raya Tesco di seluruh negara akan dijana dengan tenaga solar, kata Ketua Pegawai Eksekutif Tesco Stores Sdn Bhd (Tesco), Paul Ritchie.

Menurutnya, inisiatif berkenaan adalah hasil kerjasama pasar raya berkenaan dengan syarikat usaha sama PETRONAS dan NEFIN Group iaitu NE Suria Satu Sdn Bhd (NESS) melalui Perjanjian Pembelian Kuasa (PPA) jangka panjang terbesar (Tesco-NESS PPA) untuk tenaga solar di Malaysia.

Beliau berkata, perjanjian selama 20 tahun sehingga 2040 itu akan menyaksikan pemasangan panel fotovoltaik solar (PV) di atas bumbung 15 cawangan Tesco terpilih.

Jelasnya, pemasangannya yang dijangka selesai pada Oktober itu merupakan fasa pertama dalam usaha Tesco mengunakan tenaga boleh diperbaharui.

“Panel solar PV ini secara kolektif akan menghasilkan sekitar 18 jam gigawatt (GWh) tenaga bersih setiap tahun, sehingga mengurangkan sekitar 13,624 tan pelepasan karbon ke atmosfera.

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Wednesday, 15 Jul 2020 l 6:13 PM MYT
KOTA KINABALU: About 25 schools in Sandakan, including 16 located on islands off the district, currently have no access to clean water supply.

Sandakan district education officer Dr Dalmansa Tahil in revealing this, said the students and teaching administration have been relying on rainwater which they harvested in tanks for their daily consumption.

However, efforts are being made to apply with the State Education Department for installation of water pipes to these 25 schools, he assured.

“At present, there are no pipelines to distribute treated water supply to these school premises.

“This includes SK Bambangan, the school I visited today (Wednesday), ” Dalmansa said in a statement to the media after his visit to monitor the reopening of Year 5 and Year 6 classes at that particular primary school.

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See the source imageTuesday, 14 Jul 2020 04:12 PM MYT
KUALA LUMPUR, July 14 — Selangor has banned smoking and the consumption of alcohol in playgrounds and parks — the first state in Malaysia to do so.

State Local Government, Public Transportation and New Village Development chairman Ng Sze Han today said the Selangor government decided to include outlawing drinking alcohol, smoking and vaping under its 2005 Parks By-Laws of local councils.

Prior to the amendment, the by-laws do not list smoking and the consumption of alcohol as prohibited activities at parks and playgrounds.

“With this amendment to the Parks By-Laws 2005, Selangor under the leadership of Pakatan Harapan is set to be the first state in Malaysia to prohibit the drinking of alcohol and smoking at playgrounds and recreational parks,” the Kinrara assemblyman from DAP wrote in a statement on his official Facebook page.

Ng noted that Malaysians are increasingly prioritising and practising a healthy lifestyle, with parks and playgrounds increasingly frequented by the public including by children and the elderly for recreational activities, sports and family activities.

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