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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
Who is Prabowo Subianto, incoming president of Indonesia?

Who is Prabowo Subianto, incoming president of Indonesia?

A wealthy ex-general with ties to Indonesia's popular outgoing president and its dictatorial past, looks set to be its next leader.
Sat Oct 19 2024
Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.
Sat Oct 19 2024
Putin says Russia willing to seek compromises between Iran and Israel

Putin says Russia willing to seek compromises between Iran and Israel

Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
Sat Oct 19 2024
What proposals will Russia push at the BRICS summit?

What proposals will Russia push at the BRICS summit?

The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.
Sat Oct 19 2024
Indonesia's free meals plan in the spotlight as Prabowo readies for office

Indonesia's free meals plan in the spotlight as Prabowo readies for office

Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Sat Oct 19 2024
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Sat Oct 19 2024
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Sat Oct 19 2024
Liam Payne's ex-partner calls for media restraint after 'painful' death

Liam Payne's ex-partner calls for media restraint after 'painful' death

Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Sat Oct 19 2024
Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Sat Oct 19 2024
Biden offers both a carrot and a stick to Israel as his term nears an end

Biden offers both a carrot and a stick to Israel as his term nears an end

Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Sat Oct 19 2024