indepth

No free lunch in loan moratorium

Datuk Chang Kim Loong: One thing is certain though, similar to the 2020 moratorium, the 2021 one does not reduce borrowers’ lending costs as it is not interest-free. Hence, interests will continue to be charged during the moratorium period, and ultimately, borrowers will end up paying more to the banks when the moratorium period ends.

READ MORE
indepth

Integrity a ‘lonely journey’ for Sim Choo Kheng

Sim Leisure Group Ltd founder and chief executive Sim Choo Kheng minces no words in stating his stand against any form of corruption, big or small. The 55-year-old Penangite declares integrity was, is and will remain the cornerstone of all his business decisions and executions.

READ MORE