As interest rates rise, PBM calls for loan repayment moratorium

Parti Bangsa Malaysia (PBM) has urged Putrajaya to implement an across-the-board loan repayment moratorium following Bank Negara's decision to hike the overnight policy rate (OPR) by 25-basis-point to 2.75 percent.

PBM president-designate Zuraida Kamaruddin said she received many complaints from businesses on cash flow problems due to rising interest rates.

"We have also received feedback that many businesses