Post moratorium: AKPK ready to give financial counselling

KUALA LUMPUR, June 20 ― The Credit Counselling and Debt Management Agency (AKPK), is ready to provide financial counselling and loan rescheduling services to individuals facing post-moratorium debt repayment problems. AKPK’s Corporate Communications Department Head Mohamed Khalil Jamaldin in a statement today said,...

Malaysia has capacity to absorb exogenous shocks, says BNM governor

KUALA LUMPUR, July 18 — Malaysia has the capacity to absorb any exogenous shocks should the global economy deteriorates, with excess capital in the banking industry of about RM120 billion, says Bank Negara Malaysia Governor, Datuk Muhammad Ibrahim. He said Malaysia had since the 1997/1998 Asian financial crisis,...