Perusahaan listrik negara pln

Hanoi (VNA) - Malaysia's central bank on July 7 reduced its interest rates to a record low to fight the impact of the COVID-19 pandemic, and warned that the pace of economic recovery was uncertain. Bank Negara Malaysia (BNM) cut its key rate by 25 basis points to 1.75 percent and warned that the Malaysian economy had contracted sharply in the second quarter of 2020 because of the strict lockdown. This is the fourth consecutive time the central bank has lowered its interest rates. The bank said in a statement that business activities have been recovering and that the government’s stimulus packages will continue to underpin the improving economic outlook. However, the pace and strength of the recovery remain subject to downside risks, including future outbreaks and a weaker-than-expected rebound in global growth, it added. Southeast Asia's third-biggest economy has been largely dependent on trade, and its key exports include palm oil, crude oil and natural gas. Most … [Read more...] about Malaysia reduces interest rates to record low

Jakarta (VNA) – The State-Owned Banks Association (Himbara) on July 2 expressed optimism that its bank members can disburse up to 90 trillion Rp (6.32 billion USD) in loans to help small businesses recover from the severe economic impact of the COVID-19 pandemic. Himbara chairman and Bank Rakyat Indonesia (BRI) president director Sunarso said the banks were ready and committed to expand their loan disbursements to three times the amount of funding placed by the government as part of its national economic recovery programme. The four Himbara members comprise BRI, Bank Negara Indonesia (BNI), Bank Tabungan Negara (BTN) and Bank Mandiri. The banks will prioritise the disbursement to the micro, small and medium enterprises (MSMEs) segment in several sectors like food and distribution, tourism, transportation, housing and construction. The banks deem these sectors as having potential demand amid the easing of the large-scale social restrictions (PSBB) as the government strives to … [Read more...] about Indonesian State banks to disburse 6.32 billion USD to help businesses