Bank Negara has given a six month grace period for loan deferments, which is meant to lighten the financial burden of Malaysians during the Covid-19 outbreak. We speak to Desmond Chong, Deputy President of the Malaysian Financial Planning Council, who walks us through what this means for individuals and how they can navigate the new policy.

Produced by: Evening Edition

Presented by: Lee Chwi Lynn

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Tags:  Evening Edition,  Financial Planning,  MCO,  BNM,  Bank Negara Malaysia,  Loan Deferments,  Covid-19,  Financial Services,  Government/Regulatory/Policy Making,  Economy, Markets,  Personal Finance,  Politics, News, Current Affairs,  Health,  Personal Finance,  Investments,  Financial Literacy,  Politics,  Law and Legal Matters,  Business Analysis,  Trends and Forecasts,  Markets,  Young Finance,  Social Issues,  Health Policy,  Diseases and Conditions,  Mental Health,  Healthy Living,  Fitness,  Medical Innovation and Technology