1MDB intended to pay off its bank loans, debts from IPO proceeds, court told
The High Court here today heard that the 1Malaysia Development Berhad (1MDB) intended to use the proceeds from its Initial Public Offering (IPO) to pay off its existing bank loans and debts.
Thu May 27 2021
'Without a loan Lee Beauty Saloon, Hj Salleh Mi Kolok, Surjit Kaur Company can only last a month'
SMEs can survive only a month without bank loans to obtain cash assistance following the enforcement of the Movement Control Order (MCO).
Mon Apr 06 2020
1MDB has no bank loans, short-term debt - MoF
The ministry says 1MDB had fully settled all its debts in 2015 and 2016.
Thu Mar 30 2017
Selangor poverty guidelines make B40 groups hard to get bank loans - assemblyman
The poverty guidelines made out the B40 group to be poor and thus not eligible to apply for bank loan.
Tue Nov 01 2016
A scheme to assist first-time home buyers in 2017 Budget
It is to tackle the problem faced by Malaysians, especially the young, who could not get full bank loans due to their low starting salary.
Thu Sep 01 2016
Parliament: 488,787 Malaysians barred from leaving country due to various reasons
Up to Oct 19 this year, a total of 488,787 Malaysians have been barred from leaving the country due to various reasons, according to the Home Ministry.
Thu Dec 03 2015
Bank Negara must ease regulation on loans for PPR - Rahman Dahlan
Bank Negara has been urged to simplify the rules governing bank loans for the low-income group to buy houses under the People's Housing Project (PPR).
Thu Nov 26 2015
1MDB did not receive RM42 billion from government, says book
According to the "1MDB: Siapa Kata Tidak Dijawab" book, the RM42 billion fund's debts were in the form of bank loans, bonds and sukuk.
Fri Sep 04 2015
Performance-based incentive system for SMEs by 2016: Najib
The incentives, which could include tax exemption, transport rebates and bank loans, will be based on criteria such as productivity, export value and job creation.
Fri Jun 26 2015
Is climate change making tropical storms more frequent? Scientists say it's unclear
Scientists say it remains unclear how much climate change is reshaping the storm season.
Sat Nov 23 2024
Samples obtained by Chinese spacecraft show moon's ancient volcanism
The material provides new insight into the moon's geological history including the oldest evidence to date of lunar volcanism.
Sat Nov 23 2024
The scamdemic targeting the young and vulnerable
Teenagers and young adults are becoming prime targets for a new wave of cyber scams, a trend raising alarm bells across Southeast Asia.
Sat Nov 23 2024
Japanese manicurist takes on plastic pollution, one nail at a time
Before global leaders address plastic pollution, a Japanese manicurist highlights the issue by incorporating it into her nail designs.
Sat Nov 23 2024
What to watch for ahead of US presidential inauguration
Here's a timeline of events between now and inauguration day.
Sat Nov 23 2024
The battle to reduce road deaths
In Malaysia, over half a million road accidents have been recorded so far this year.
Sat Nov 23 2024
Pro-Palestinian NGOs seek court order to stop Dutch arms exports to Israel
The Dutch state, as a signatory to the 1948 Genocide Convention, has a duty to take all reasonable measures at its disposal to prevent genocide.
Sat Nov 23 2024
How quickly can Trump's Musk-led efficiency panel slash US regulations?
Moves by Trump and his appointees to eliminate existing rules will be met with legal challenges, as many progressive groups and Democratic officials have made clear.
Sat Nov 23 2024
2TM: Consultations on PTPTN loans, admission to IPTA at MOHE booth
Consultations on PTPTN loans and admission to IPTA are among services provided at the Higher Education Ministry booth.
Sat Nov 23 2024
Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily
Almost 200 residents from 60 homes in Kampung Tanjung Kala have ended up stuck when their 200-metre (m) long concrete bridge flooded.
Sat Nov 23 2024