• Latest
  • All
  • Lifestyle
  • Events
  • Insights
  • People
  • Voice
  • CSR
3-Month Loan Moratorium Extension & Other New Rules That Are Coming Into Effect In August

3-Month Loan Moratorium Extension & Other New Rules That Are Coming Into Effect In August

05/08/2020
Over 13K SMEs Had Closed Down In 2020 & 2.8 Mil M’sians Will Lose Their Jobs If MCO Continues

Over 13K SMEs Had Closed Down In 2020 & 2.8 Mil M’sians Will Lose Their Jobs If MCO Continues

27/01/2021
25,000 SMEs & Micro Businesses To Take Part In Selangor CNY E-Bazaar

25,000 SMEs & Micro Businesses To Take Part In Selangor CNY E-Bazaar

27/01/2021
Challenging Times Ahead For Small Businesses If Govt Imposes Full-Scale Lockdown By Feb 4

Challenging Times Ahead For Small Businesses If Govt Imposes Full-Scale Lockdown By Feb 4

25/01/2021
Flexible SOPs During MCO 2.0 Is Not To Take Care Of The “Big Bosses”

Flexible SOPs During MCO 2.0 Is Not To Take Care Of The “Big Bosses”

25/01/2021
Pavilion KL Made It Into The M’sian Book Of Records By Displaying The Biggest Golden Bull!

Pavilion KL Made It Into The M’sian Book Of Records By Displaying The Biggest Golden Bull!

22/01/2021
This Foodpanda Rider Revealed That He Made Over RM18K In Just 2 Months!

This Foodpanda Rider Revealed That He Made Over RM18K In Just 2 Months!

21/01/2021
WargaBiz

Malaysia's Fastest Growing Business
and Lifestyle Digital Media Platform
For Usahawan

No Result
View All Result
WargaBiz

Malaysia's Fastest Growing Business
and Lifestyle Digital Media Platform
For Usahawan

No Result
View All Result
WargaBiz

Malaysia's Fastest Growing Business
and Lifestyle Digital Media Platform
For Usahawan

No Result
View All Result

3-Month Loan Moratorium Extension & Other New Rules That Are Coming Into Effect In August
  TRENDING
Over 13K SMEs Had Closed Down In 2020 & 2.8 Mil M’sians Will Lose Their Jobs If MCO Continues 27/01/2021
25,000 SMEs & Micro Businesses To Take Part In Selangor CNY E-Bazaar 27/01/2021
Challenging Times Ahead For Small Businesses If Govt Imposes Full-Scale Lockdown By Feb 4 25/01/2021
Flexible SOPs During MCO 2.0 Is Not To Take Care Of The “Big Bosses” 25/01/2021
Pavilion KL Made It Into The M’sian Book Of Records By Displaying The Biggest Golden Bull! 22/01/2021
Next
Prev
Home Insights

3-Month Loan Moratorium Extension & Other New Rules That Are Coming Into Effect In August

Here's a few RMCO policies and initiatives that are coming into effect in August.

05/08/2020
WargaBizbyWargaBiz
in Insights
4 min read
75
SHARES
Share on FacebookShare on Twitter

The Recovery Movement Control Order (RMCO) which started on 10th June is supposed to end on 31st August. However, the rise in Covid-19 cases every day has caused the government to take action to curb the virus from spreading. Here’s a few RMCO policies and initiatives that are coming into effect in August:

1. Moratorium extended for another three months

3-Month Loan Moratorium Extension & Other New Rules That Are Coming Into Effect In August

Prime Minister Tan Sri Muhyiddin Yassin announced individuals who lost their jobs in 2020 and still haven’t gotten a new job can enjoy the moratorium for another three months – until December 31. After three months, the moratorium period can be extended by the banks depending on the individual’s situation.

He also added that individuals who suffered salary cuts due to the pandemic will have their monthly installment payments reduced according to the rate in which their salaries were deducted.

Read also PM Announces 3-Month Moratorium Extension For M’sians Who Lost Their Jobs This Year

2. 70% discount on all JPJ summons in conjunction with merdeka month

august

Road Transport Department (JPJ) and the Land Public Transport Commission (SPAD) are offering 70% discount for payment of summons issued by the starting 1st to 31st August 2020. Malaysia’s Transport Minister Dr Wee Ka Siong said this offer given was for summonses issued for offences under the Road Transport Act 1987 (Act 333), Commercial Vehicle Licensing Board Act (Act 334), Land Public Transport Act (Act 715) and Rules and Orders thereunder, including cases still in blacklist action.

RelatedPosts

Over 13K SMEs Had Closed Down In 2020 & 2.8 Mil M’sians Will Lose Their Jobs If MCO Continues

Challenging Times Ahead For Small Businesses If Govt Imposes Full-Scale Lockdown By Feb 4

Flexible SOPs During MCO 2.0 Is Not To Take Care Of The “Big Bosses”

Payment can be made via all the transportation agencies including JPJ, Urban Transformation Centre (UTC) and other channels of payment such as mySIKAP website, JPJ Kiosk and JPJ Mobile application.

3. Citizens who haven’t received their BSH money can start appealing

3-Month Loan Moratorium Extension & Other New Rules That Are Coming Into Effect In August

According to a statement from the Finance Ministry, the appeal application period will be open from August 7 to Sept 6,2020. “With this appeal process, some of those who have had their applications rejected, will still be given space to appeal along with the submission of relevant documents for consideration by LHDN.”

Appeal can be made online at BSH portal https://bsh.hasil.gov.my or applicants can visit any LHDN branches/Revenue Service Centre (PKH)/Urban Transformation Centre (UTC) for the purpose.

4. Eligible Malaysians who applied for ePenjana will receive RM50 e-wallet credit

august

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz has revealed that eligible Malaysians will receive the RM 50 ePenjana e-wallet credit by the end of July. Eligible receivers must download the MySejahtera app to qualify for the RM 50 e-wallet credit. The free e-wallet will be banked in your e-wallet either Boost, GrabPay or Touch ‘n Go Wallet.

Read also Eligible M’sians Will Receive Up To RM100 ePenjana Credit By End Of July

5. Pos Malaysia is suspending all international mail and parcel deliveries

august

Pos Malaysia’s international mail and parcel, as well as Express Mail Service (EMS) to all international destinations except Singapore will be suspended beginning August 3 until further notice. The temporary service suspension is due to service impacts related to Covid-19 which involved varying levels of restrictions across destination countries on flights, airport closures and cross-border services.

For any enquiries, you can chat with Pos Malaysia via AskPos at www.pos.com.my.

Share30Tweet19


Previous Post

Youth Are Invited To Share Their Ideas & Proposals For Budget 2021

Next Post

5G Will Improve Your Ability To Work From Home Effectively

Related Posts

Over 13K SMEs Had Closed Down In 2020 & 2.8 Mil M’sians Will Lose Their Jobs If MCO Continues

by WargaBiz
20 hours ago
0
Over 13K SMEs Had Closed Down In 2020 & 2.8 Mil M’sians Will Lose Their Jobs If MCO Continues
Insights

Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob said many workers have lost their jobs. This is one of...

Read more

Challenging Times Ahead For Small Businesses If Govt Imposes Full-Scale Lockdown By Feb 4

by WargaBiz
3 days ago
0
Challenging Times Ahead For Small Businesses If Govt Imposes Full-Scale Lockdown By Feb 4
Insights

None of us wants to repeat the total lockdown, but with daily Covid-19 cases consistently in the 3,000-4,000 plus range,...

Read more

Flexible SOPs During MCO 2.0 Is Not To Take Care Of The “Big Bosses”

by WargaBiz
3 days ago
0
Flexible SOPs During MCO 2.0 Is Not To Take Care Of The “Big Bosses”
Insights

He said if the big boss loses due to the factory not being in operation, then in the end the...

Read more

This Foodpanda Rider Revealed That He Made Over RM18K In Just 2 Months!

by WargaBiz
7 days ago
0
This Foodpanda Rider Revealed That He Made Over RM18K In Just 2 Months!
Insights

Based on the posting, undeniably the rider need to work an average of 12 hours a day and earn an...

Read more

Selangor Announces Pakej Kita Selangor To Deal With The Challenge of The MCO 2.0

by WargaBiz
1 week ago
0
Selangor Announces Pakej Kita Selangor To Deal With The Challenge of The MCO 2.0
Insights

Selangor Menteri Besar Datuk Seri Amirudin Shari said that the state is expected to spend RM 73.87 million for "Pakej...

Read more

Permai: Bank Loan Moratorium & Reduction of Repayment Instalments to Continue

by WargaBiz
1 week ago
0
Permai: Bank Loan Moratorium & Reduction of Repayment Instalments to Continue
Insights

For borrowers facing difficulties in dealing with banks, Bank Negara Malaysia and the Credit Counselling and Debt Management Agency (AKPK)...

Read more

Permai: Govt To Provide A One-Off Financial Assistance of RM500 To Taxi & e-hailing Drivers

by WargaBiz
1 week ago
0
Permai: Govt To Provide A One-Off Financial Assistance of RM500 To Taxi & e-hailing Drivers
Insights

The Permai assistance package has included an initiative to help tourism industry players who were badly affected by the COVID-19...

Read more

Govt Will Expand The Prihatin Special Grant Plus To Cover 500,000 SMEs Under Permai Scheme

by WargaBiz
1 week ago
0
Govt Will Expand The Prihatin Special Grant Plus To Cover 500,000 SMEs Under Permai Scheme
Insights

To assist the cash flow of micro-enterprises and SMEs, the government will expedite the implementation of micro-credit schemes that had...

Read more

Banks Ready To Offer Repayment Assistance Including Extending Existing Moratorium

by WargaBiz
1 week ago
0
Banks Ready To Offer Repayment Assistance Including Extending Existing Moratorium
Insights

The associations said all other borrowers and customers facing difficulties in making loan or financing repayments are also welcome to...

Read more

TH Appoints Wan Enderi As The New GM of Movenpick Hotel & Convention Centre KLIA

by WargaBiz
1 week ago
0
TH Appoints Wan Enderi As The New GM of Movenpick Hotel & Convention Centre KLIA
Insights

Wan Enderi said he will strive to further enhance the hotel’s service quality and brand value into the future.

Read more

Next Post
5G Will Improve Your Ability To Work From Home Effectively

5G Will Improve Your Ability To Work From Home Effectively

Facebook Instagram

About Us

WargaBiz is Malaysia’s first exclusive one-stop digital business platform to provide comprehensive coverage on start-ups and SMEs helmed by the Usahawan.

Read our full story.

Categories

  • Cover
  • People
  • Lifestyle
  • Insights
  • Events
  • CSR

Tags

achievement achiever America American apple beauty branding business businessman career columnist cover Cover Stories covid-19 CSR Cuisines entrepreneur Entrepreneurs F&B failure fashion father's day Features FIFA World Cup investment japan Klang Valley KLCC Kuala Lumpur Latest lifestyle luxury Malaysia marketing MCO Novelties people Raya specialist success tech technology usahawan Voice watches

© 2017-2019 Warga Media - All Rights Reserved.
Want your site to look as cool as this? Call Mr Hafiz

No Result
View All Result
  • Cover
  • Specialist
  • People
  • Lifestyle
  • Insights
  • Events
  • About
  • Contact
  • Terms of Use
  • Privacy Policy
  • Job Opportunities

© 2017-2019 Warga Media - All Rights Reserved.
Want your site to look as cool as this? Call Mr Hafiz

sponsored