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AKPK reports 53,000 under-30s owe RM1.9 bln - Amir Hamzah

AKPK reports 53,000 under-30s owe RM1.9 bln - Amir Hamzah

Datuk Seri Amir Hamzah Azizan reveals that 28% of Malaysian working adults have borrowed money to buy essential goods, according to AKPK.
Tue Oct 01 2024
PM Anwar calls on banks to continue to help SMEs

PM Anwar calls on banks to continue to help SMEs

At the same time, troubled borrowers can get free advice and loan repayment assistance through the Credit Counseling and Management Agency.
Fri Jun 30 2023
Moratorium under PEMULIH Package still open for applications - MOF

Moratorium under PEMULIH Package still open for applications - MOF

Mohd Shahar said the banks are ready to provide loan repayment assistance to those in need and they only need to contact their respective banks.
Wed Oct 27 2021
Urus complements govt initiatives to help most affected groups -- Tengku Zafrul

Urus complements govt initiatives to help most affected groups -- Tengku Zafrul

Tengku Zafrul said URUS would be managed by AKPK, which would also provide personal financial plan assistance.
Thu Oct 14 2021
URUS to give interest exemption for three months, smaller instalments for B50 borrowers - PM

URUS to give interest exemption for three months, smaller instalments for B50 borrowers - PM

Ismail Sabri has announced that the Financial Management and Resilience Programme (URUS) for borrowers in the B50 income group will be set up by the banking sector soon.
Wed Oct 13 2021
AKPK developing TRP to assist SME borrowers facing cash flow problems - Yamani Hafez

AKPK developing TRP to assist SME borrowers facing cash flow problems - Yamani Hafez

AKPK is developing a Temporary Relief Programme (TRP) to reduce the burden of individual and SME borrowers who are still having difficulty restoring their cash flow.
Mon Oct 11 2021
Banks to offer six-month moratorium from July 7, say ABM, AIBIM

Banks to offer six-month moratorium from July 7, say ABM, AIBIM

The Association of Banks in Malaysia (ABM) and Association of Islamic Banking and Financial Institutions Malaysia (AIBIM) member banks will be offering a six-month moratorium from July 7.
Tue Jun 29 2021
MCO 3.0: Blanket loan moratorium may not be the best solution, says BNM

MCO 3.0: Blanket loan moratorium may not be the best solution, says BNM

Nor SHamsiah said all banks already have their payment assistance plans, including targeted loan moratoriums.
Tue May 11 2021
AKPK helps 32,349 individuals settle debts totalling RM1.5 bln

AKPK helps 32,349 individuals settle debts totalling RM1.5 bln

Azaddin said since its inception in 2006, the agency had extended its financial advisory services to over 1.2 million people.
Tue Mar 09 2021
40 pct of millenials spend beyond their means - Tengku Zafrul

40 pct of millenials spend beyond their means - Tengku Zafrul

Tengku Zafrul said according to Bank Negara Malaysia, 47 per cent of Malaysian youths have high credit card debts.
Tue Mar 09 2021
Replace EPF withdrawals with long-term sustainable measures

Replace EPF withdrawals with long-term sustainable measures

For the B40 households and informal sector workers, measures to safeguard people's savings also need to be considered.
Tue Nov 24 2020
BNM, banking industry fine-tune delivery of targeted repayment assistance

BNM, banking industry fine-tune delivery of targeted repayment assistance

This will be based on borrowers self-declaration of reduced income and/or their household to further expedite immediate relief.
Fri Nov 06 2020
Banks have approved 98 per cent of 500,000 applications for repayment assistance - BNM

Banks have approved 98 per cent of 500,000 applications for repayment assistance - BNM

The banking industry has received about 500,000 applications for repayment assistance and approved 98 per cent of them.
Wed Sep 30 2020
DPMM to meet Bank Negara over ways to help entrepreneurs

DPMM to meet Bank Negara over ways to help entrepreneurs

Among the matters to be discussed was the problem of loan records appearing in the Central Credit Reference Information System (CCRIS) and CTOS Data Systems Sdn Bhd (CTOS) report.
Fri Aug 21 2020
Economy recovering, 83.5 per cent of employees have returned to work - Tengku Zafrul

Economy recovering, 83.5 per cent of employees have returned to work - Tengku Zafrul

About 12.7 million or 83.5 per cent of employees as of June 2, 2020 have returned to work, evidently shows that economic activities and services are recovering.
Wed Jul 22 2020
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024