Business

Ekuinas will distribute RM120m to YPB

[ad_1] KUALA LUMPUR: Ekuiti Nasional Bhd (Ekuinas) will distribute RM120 thousand of its recorded earnings from its inaugural fund, Ekuinas Direct (Tranche I) Fund, to Yayasan Pelaburan Bumiputra (YPB). It said on Thursday that the distribution to YPB is for the benefit of Bumiputera shareholders from trust funds managed by …

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Johor Baru businesses ‘die’ after travel ban

[ad_1] Johor Baru businesses ‘die’ after travel ban Angie tan Updated 19 hours ago · Published on September 2, 2020 7:00 AM M. The Causeway between Johor (above) and Singapore lacks its usual bustle after both countries imposed travel bans to stop Covid-19 infections. – AFP Photo, September 2, 2020. …

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Moratorium estimated at RM78b as of August 21

[ad_1] KUALA LUMPUR: The value of the moratorium on loan repayments by financial institutions was RM78.14bil as of August 21, 2020, Finance Minister Tengku Datuk Seri Zafrul Aziz said on Wednesday. Of this figure, the business sector used a total of RM27.35bil, while the rakyat used RM50.79bil. This moratorium came …

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