Banks offering six months moratorium on credit facilities
KUALA LUMPUR: Banks will offer a six-month moratorium on the installment of all credit facilities (excluding credit cards) for individuals, all microenterprises; and all small and medium enterprises (SMEs) affected by the Covid-19 pandemic. ABM and AIBIM said the moratorium reflected the member banks’ continued commitment to provide comprehensive support to its borrowers and customers. Borrowers/customers who wish to take up this moratorium will need to contact their banks from July 7, 2021 onwards. “Borrowers/customers can rest assured of the full commitment by member banks to ensure all issues will be addressed on a timely basis, ” they said. ABM and AIBIM member banks do not appoint or engage third parties or agents for purposes of the moratorium, ” they said.
Source:The Star
June 29, 2021 10:07 UTC
Bollywood star Kareena Kapoor once called Salman Khan a 'very bad actor'
Kareena Kapoor Khan had starred with Salman Khan in a couple of Bollywood films and the two were on good terms while making the 2015 film Bajrangi Bhaijaan. In one of her older interviews, she reportedly criticised Salman, 55. And Kareena's reply was: “Why does she have that accent?”These two sly digs aside, Kareena had only good things to say when it came to Khabi Khushi Kabhie Gham co-star Shah Rukh Khan. Amitabh Bachchan and Shah Rukh are the only two actors I admire,” she said. "There is something about Shah Rukh that is amazing.
Source:The Star
June 29, 2021 09:56 UTC
Ex-Suhakam commissioner Mehrun Siraj passes away
PETALING JAYA: Former Human Rights Commission (Suhakam) commissioner Datin Dr Mehrun Siraj passed away early Tuesday (June 29) at her home here. Mehrun, who was 75, was the wife of former Malaysian Bar president Sulaiman Abdullah. Her son playwright and actor Huzir Sulaiman said his mother had many serious medical conditions and has spent the last year with multiple long admissions in hospital, with her condition declining. He added the funeral rites will take place on Tuesday in accordance with Islamic practice, and will be held in compliance with prevailing Covid-19 regulations. Dr Merhun, a former professor of law, also served as an advocate, solicitor, and consultant for UN agencies.
Source:The Star
June 29, 2021 09:11 UTC
Selcare: Voucher codes for Covid-19 vaccination not meant to be shared
PETALING JAYA: Voucher codes issued to people under the Selangor Covid-19 Vaccination Programme (SCVP) are only meant for the intended recipients, says Selgate Healthcare. It added that the codes are given out by Selangor assemblymen to people who are most in need and are only meant for one-time use by the intended recipient. Selgate Healthcare said officers at the vaccination centres have a master list of recipients who are given this code. “I received a voucher code to register for a Covid-19 vaccination appointment with the Selangkah app from my sister via WhatsApp. “When the voucher codes were issued, we made it very clear that they cannot be shared.
Source:The Star
June 29, 2021 09:00 UTC
No EMCO for Gamuda Gardens township
IN our story Four areas in Selangor; several localities in Pahang, Sabah and Sarawak under EMCO from June 30-July 13 published on www.thestar.com.my (June 28, 2021), it was stated that Gamuda Gardens in Kundang Jaya was one of the four areas affected. The developer Gamuda Lands has clarified that only the Gamuda Gardens centralised labour quarters (CLQ) is under EMCO, and not the township itself. The error is regretted.
Source:The Star
June 29, 2021 08:48 UTC
White flag movement pledging aid goes viral on social media
Although it isn't clear who started the initiative, netizens have called it a movement by Malaysians for Malaysians. The #benderaputih (white flag) movement aims to help those in dire need of food and essentials. The movement suggests that those who needed assistance fly a white flag or cloth outside their homes, which would let those who are able to help know which households could be facing extreme difficulties. It’s my responsibility to take care of their welfare but if this goes on for months, I don't know if I can afford to," shared Saiful. Our furry friends may need help too.
Source:The Star
June 29, 2021 08:03 UTC
American duo tell Tokyo court they regret helping Ghosn flee Japan
He replied yes when the prosecutor asked whether he believed Ghosn should have stayed in Japan. Extradited to Japan from the United States in March, they are being detained at the same jail in Tokyo where Ghosn was held, and face up to three years in prison. He added that he felt sympathy for Ghosn and his wife Carole after they told him Ghosn could be held in Japan for up to 15 years. Asked by prosecutors if he had been treated badly in Japan, Taylor said the prosecutor who questioned him after his arrest was "respectable and honourable". Greg Kelly, a former Nissan executive charged with helping Ghosn hide his compensation, is also standing trial in Tokyo.
Source:The Star
June 29, 2021 07:54 UTC
Govt service counters to resume physical operations from July 1
PUTRAJAYA (Bernama): Government service counters, which have not been physically opened during Phase One of the National Recovery Plan, will resume operations nationwide beginning July 1 (Thursday) with certain operational procedures, says Tan Sri Mohd Zuki Ali (pic). Government service counters have not been physically operating since June 1, excluding health service, police stations and international entry points involving customs, immigration and quarantine. The Chief Secretary to the Government said the government decided to do so, after scrutinising the pressing need to open its counters, based on public feedback. He said the opening will involve services that cannot be carried out online with not more than 50% of counter staff capacity, and is available only on appointment. "Heads of departments must ensure all Covid-19 standard operating procedures (SOP) issued by the National Security Council and Health Ministry are adhered at all times, in balancing optimum service delivery to clients and to prevent Covid-19 at the workplace, ” he said in a statement Tuesday (June 29).
Source:The Star
June 29, 2021 07:41 UTC
IRB extends deadlines for submission of tax return forms
KUALA LUMPUR (June 29): The Inland Revenue Board (IRB) has extended the deadlines for submission of the Tax Return Form for several categories of taxpayers following the extension of Phase 1 of the movement control order (MCO) under the National Recovery Plan. In a statement today, it said the initiative is taken to give taxpayers more time in preparing tax documents and information that need to be declared to the IRB. It said that more detailed guidelines regarding the submission of the Tax Return Form as well as other tax matters can be found on the IRB's official portal. According to the statement, the frequently asked questions (FAQs) on tax matters during Phase 1 are available at http://www.hasil.gov.my/pdf/pdfam/faq_pkp3_2.pdf. All enquiries can be directed to the Hasil Care Line at 03-8911 1000/603-8911 1100 (overseas) or the HASiL Live Chat or feedback form on the IRB's official portal at https://maklumbalaspelanggan.hasil.gov.my/MaklumBalas/ms-my/.
Source:The Edge Markets
June 29, 2021 07:30 UTC
Hong Kong exile asks why HSBC is still freezing his accounts
HONG KONG (June 29): A former Hong Kong lawmaker who fled abroad is questioning why HSBC Holdings Plc continues to freeze his bank accounts, in a case that continues to embroil the London-based lender in the contentious politics of the former British colony. “Six months has passed since HSBC unreasonably froze my accounts and my family’s last year,” Hui wrote. The company ceased publication, after it said officials used the law to block access to its bank accounts. HSBC, which counts Hong Kong as its biggest market, has come under fire from western politicians over freezing Hui’s accounts. In his post, Hui said he received legal advice, suggesting that a police order asking a bank to freeze accounts should be rendered invalid after six months.
Source:The Edge Markets
June 29, 2021 07:07 UTC
Zafrul: Banks to waive compounded interest
PETALING JAYA: The latest loan moratorium under the RM150bil Pemulih package will not be interest free, but it would help borrowers by deferring the repayment to a later date. Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said on Tuesday the banks will, however, waive the compounded interest or the interest charged on interest accrued during the six-month moratorium period, as well as any penalty charges. The method of repayment, including on interest charges, is “between the borrowers and the banks,” he told reporters during a virtual briefing. Tengku Zafrul, who was the former CEO of CIMB Group Holdings Bhd , said the latest loan moratorium is estimated to be about RM80bil and would benefit all households and businesses, regardless of their income range. Tengku Zafrul also believes that the domestic financial system will be able to manage the impact of loan repayment deferment.
Source:The Star
June 29, 2021 07:07 UTC
LHDN extends deadlines for submission of tax return forms
KUALA LUMPUR, June 29 (Bernama) -- The Inland Revenue Board (IRB) has extended the deadlines for submission of Tax Return Form for several categories of taxpayers following the extension of the Phase One of Movement Control under the National Recovery Plan. "Among the taxpayers (with a business income) involved are individuals, partnerships, associations, deceased persons’ estates and Hindu joint families for the year of assessment 2020, the additional time for submission of Tax Return Forms and Payment of Tax Balances is until Aug 31," the statement said. It said that more detailed guidelines regarding the submission of the Tax Return Form as well as other tax matters can be found at IRB's official portal. According to the statement, the frequently asked questions on tax matters during the Phase One are available at http://www.hasil.gov.my/pdf/pdfam/faq_pkp3_2.pdf. All enquiries can be directed to Hasil Care Line at 03-8911 1000/603-8911 1100 (overseas) or HASiL Live Chat or Feedback Form on the IRB's official portal at https://maklumbalaspelanggan.hasil.gov.my/MaklumBalas/ms-my/.
Source:The Star
June 29, 2021 06:33 UTC
Twitter hit with new headache in India after police complaint over controversial map
LUCKNOW, India (June 29): A Hindu group has filed a complaint with police against Twitter's country head for showing regions outside a map of India on its website, kickstarting an investigation in a fresh headache for the US tech firm. A map on Twitter's careers page showed the Jammu and Kashmir region, which is claimed by both India and Pakistan, and the Buddhist enclave of Ladakh outside India. The complaint accuses Twitter's India boss Manish Maheshwari and another company executive of breaching the country's IT rules as well as laws designed to prevent enmity and hatred between classes. Maheshwari was only this month summoned by police in Uttar Pradesh for failing to stop the spread of a video that allegedly incited religious discord. India's technology minister Ravi Shankar Prasad has criticised Twitter for its failure to abide by Indian rules and for denying him access to his Twitter account.
Source:The Edge Markets
June 29, 2021 04:52 UTC
My Say: The new, new things for post-pandemic recovery
End-2021 will see almost two million people unemployed and under-employed — and this is in a labour market of about 16 million people. Solving this problem requires — paraphrasing Michael Lewis — looking for “new new” things to do, including new ways of doing things. We have failed to find “new new” things by doing things the same old ways. But most importantly, what fundamental changes have we made in doing the things we do and doing new things? The challenge is to come up with niche products and services that can be marketed beyond the local market.
Source:The Edge Markets
June 29, 2021 03:33 UTC
MPOB to unveil new technologies
KUALA LUMPUR: The Malaysian Palm Oil Board (MPOB) will introduce four new technologies and innovations developed by its researchers at the Transfer of Technology Seminar and Exhibition (TOT 2021) webinar on July 1. The new technologies will encourage the use of innovation and new techniques which will increase plantation efficiency and the productivity of oil palm crops, he said in an interview on Bernama TV yesterday. “This seminar provides an opportunity for the people to see new and old technologies, and if they are interested, they can contact the MPOB to obtain a licence for the commercialisation of MPOB’s technologies. MPOB welcomes the participation of small and medium enterprises in the seminar to to help them improve the palm oil industry’s economy. — Bernama-- BERNAMATAGS: TOT 2021, MPOB, Dr Ahmad Parveez Ghulam Kadir
Source:The Star
June 29, 2021 01:04 UTC