KUALA LUMPUR, June 5 Malaysia should not reintroduce a blanket moratorium or a freeze in loan repayments for all borrowers under the current total lockdown, as it is unnecessary and would not.
Saturday, 05 Jun 2021 12:34 PM MYT
BY IDA LIM
Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz explained why it is not the best or most responsible move now for banks to suspend loan repayments for all borrowers instead of just those who need it. Picture by Miera Zulyana
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KUALA LUMPUR, June 5 Malaysia should not reintroduce a blanket moratorium or a freeze in loan repayments for all borrowers under the current total lockdown, as it is unnecessary and would not make financial sense when the government needs to ensure sufficient financial resources for the long fight against the Covid-19 pandemic, the finance minister argued today.
Tuesday, 11 May 2021 10:58 PM MYT
Minister in the Prime Minister’s Department (Sabah and Sarawak Affairs) Datuk Seri Maximus Ongkili said it is better to study the MA63 and mend any weakness and see how it can help the people in Sabah and Sarawak. Picture by Yusof Mat Isa
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KOTA KINABALU, May 11 A minister said tonight there is no need to draft a new agreement to replace the Malaysia Agreement 1963 (MA63) which provided for Sabah and Sarawak to join Malaya in forming Malaysia.
Minister in the Prime Minister’s Department (Sabah and Sarawak Affairs) Datuk Seri Maximus Ongkili said it is better to study the MA63 and mend any weakness and see how it can help the people in Sabah and Sarawak.
KOTA KINABALU (May 11): A minister said tonight there is no need to draft a new agreement to replace the Malaysia Agreement 1963 (MA63) which provided for Sabah and Sarawak to join Malaya in forming Malaysia.
Minister in the Prime Minister’s Department (Sabah and Sarawak Affairs) Datuk Seri Dr Maximus Ongkili said it is better to study the MA63 and mend any weakness and see how it can help the people in Sabah and Sarawak.
He said MA63 is a very delicate matter which needs better understanding and all parties must be very careful in reading situations involving the agreement.
“It is like a marriage. You must first find out what is wrong with your spouse, what he or she did wrong and, if you have all the evidence, then you can file for divorce. It is the same in this (MA63) situation.
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