عرض «غنوة الليل والسكين» في قصر ثقافة أسوان almasryalyoum.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from almasryalyoum.com Daily Mail and Mail on Sunday newspapers.
Monday, 08 Mar 2021 05:45 PM MYT
BY SHAHRIN AIZAT NOORSHAHRIZAM
Business Survival Group president Datuk Abdul Malik Abdullah speaks to the media during a press conference in Bangsar, Kuala Lumpur March 8, 2021. Picture by Shafwan Zaidon
Subscribe to our Telegram channel for the latest updates on news you need to know.
KUALA LUMPUR, March 8 Banks should allocate 30 per cent of their previous two years’ profits to create a RM21 billion government-backed recovery fund, said the Business Survival Group coalition.
The coalition’s president, Datuk Abdul Malik Abdullah, dubbed this the “Rakyat Bond”.
“The banks must collectively step up to prepare an economy recovery fund model and we suggest setting up a government-backed fund, which banks must subscribe to and will serve as the special relief funds for the business community.