Bankruptcy release for 50,000 individuals in 5 years - Ahmad Zahid
For a start, 20,000 borrowers who had been declared bankrupt on technicality or for being a social guarantor would be free of the status in one year.
Sat Nov 04 2017
Dewan Negara approves amendments to Bankruptcy Act
the Bankruptcy (Amendment) Bill 2016 which was approved in the Dewan Rakyat on March 29, which among others, provide bankruptcy protection to social guarantors, was passed in Dewan Negara yesterday.
Thu Apr 27 2017
Parliament passes Bankruptcy (Amendment) Bill 2016
The Bankruptcy (Amendment) Bill 2016, which among others, protects social guarantors from being declared bankrupt, was passed by Parliament today.
Wed Mar 29 2017
2017 Budget: Government to amend Bankruptcy Act next year
Datuk Seri Najib did not list out specific details only that the amendments would be announced soon.
Fri Oct 21 2016
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
Govt should become guarantor for My First Home Scheme applicants - UMNO Youth
The UMNO Youth wants the government to stand as guarantor for applicants under 'My First Home Scheme' who failed to get loan from financial institutions.
Thu Dec 10 2015
Over 107,000 individuals declared bankrupt from 2010 to April 2015
Among the main causes that led to bankruptcy are failing to pay for vehicle hire purchases, housing loans, personal and credit card loans, business loans as well as those who became guarantors.
Thu Jun 25 2015
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
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