Light at end of tunnel for insolvents under amended Act
The main amendment, helps bankrupts be released from insolvency within three to five years from the time they submit their statements.
Fri Oct 20 2023
31,140 youth under 35 declared bankrupt since 2014 - Ramkarpal
The govt has implemented several initiatives including bankruptcy discharge for those declared bankrupt for debts below RM50,000.
Mon Jun 26 2023
Number of youth bankrupts in country declining - Deputy Minister
Ti said based on information from the Malaysian Department of Insolvency, there were 10,137 bankrupt youths in 2020 until June 2022.
Mon Aug 15 2022
Low EPF savings among the young adults and middle-aged possible cause of bankruptcy?
Tough measures are needed to deal with the low savings issue that may then morph into a possible bankruptcy crisis.
Fri Nov 26 2021
10,317 individuals declared bankrupt during MCO period - PM
Selangor had the highest number of individuals declared bankrupt at 2,555, according to Malaysian Department of Insolvency.
Tue Sep 28 2021
RPM members to receive royalty payments beginning Friday
A music royalty collection licensing body and the MDI as liquidators to the governance of PRISM had agreed to implement royalty distribution in advance payments through UPA.
Wed Jan 27 2021
Nearly 6,000 people declared bankrupt in Perak
As many as 5,845 people in Perak were declared bankrupt by the Malaysian Insolvency Department (MDI) from 2012 to last year, said its Perak director Hezlin Haldi.
Thu May 11 2017
Guarantors should not be burdened with settling loans taken by others - Azalina
Minister in the Prime Minister's Department, Datuk Seri Azalina Othman Said said the Insolvency Department (MDI) was looking at matters related to the guarantor and the borrower.
Thu Aug 11 2016
Online bankruptcy notification
Beginning Jan 1, companies and those found to be bankrupt will have their names displayed on the Malaysian Department of Insolvency website
Mon Nov 25 2013
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
This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
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 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
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 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
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
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
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
The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024