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Malaysia's official reserve assets at US$113.82 bln as at end-June 2024 - BNM

Malaysia's official reserve assets at US$113.82 bln as at end-June 2024 - BNM

BNM said for the next 12 months, the pre-determined short-term outflows of foreign currency loans, securities, and deposits.
Wed Jul 31 2024
High Court summary judgement orders Jovian to pay RM10 mln in friendly loans

High Court summary judgement orders Jovian to pay RM10 mln in friendly loans

Datuk Jovian Mandagie was sued separately by the two companies for allegedly failing to repay their friendly loans of RM5 million each.
Thu Jul 11 2024
Government-backed loans provide lifeline for Malaysian businesses

Government-backed loans provide lifeline for Malaysian businesses

Securing financing is essential for business growth and Term Loans under the Madani programme are a popular choice in Malaysia.
Thu Jun 20 2024
1MDB trial: Talks on diplomatic joint ventures did not go through formal channel - Witness

1MDB trial: Talks on diplomatic joint ventures did not go through formal channel - Witness

The discussion did not involve high-ranking govt officials, even though the govt had to bear the loans with issuance of full guarantees.
Fri Jan 05 2024
Brazil wants farmers to help save the Amazon. Will it work?

Brazil wants farmers to help save the Amazon. Will it work?

Farmers would be encouraged to invest subsidized loans in either improving pasture productivity or converting pasture into cropland.
Sat Dec 16 2023
Malaysia probes cases of migrant workers left jobless, without passports

Malaysia probes cases of migrant workers left jobless, without passports

Many took loans to pay recruitment fees, but are unable to start repaying them without jobs or salaries, Andy Hall said.
Thu Apr 20 2023
Half of household loan accounts unaffected by OPR hike - Ahmad Maslan

Half of household loan accounts unaffected by OPR hike - Ahmad Maslan

A total of 50.3 per cent or 6.4 million accounts of the total loan accounts in the household sector are fixed-rate loans that are not affected by the 100 basis point increase in the OPR.
Mon Mar 06 2023
Digitalisation advances financial inclusion for women, but more is needed - WEF

Digitalisation advances financial inclusion for women, but more is needed - WEF

Women have less access to loans and financial services but adopt financial apps more than men, according to the ASEAN Digital Generation Report 2022.
Wed Dec 07 2022
Sean Penn visits Ukraine's Zelenskiy, loans him an Oscar

Sean Penn visits Ukraine's Zelenskiy, loans him an Oscar

Zelenskiy presented Penn, who is making a documentary in Ukraine and marking his third wartime visit, with the Order of Merit honor.
Wed Nov 09 2022
Five men charged with operating money lending business without licence

Five men charged with operating money lending business without licence

For all three charges, they were jointly alleged to have provided loans amounting to RM6,300 with interest to three individuals.
Fri Oct 21 2022
Five Ah Long members nabbed in Johor

Five Ah Long members nabbed in Johor

Five men believed to be members of an Ah Long syndicate who made threats against victims who failed to pay up loans, were arrested in a series of raids in Iskandar Puteri yesterday.
Wed Oct 19 2022
Budget 2023: RM6.7 billion for implementation of TVET initiatives

Budget 2023: RM6.7 billion for implementation of TVET initiatives

Tengku Zafrul said the allocation included RM180 million which provides loans for 12,000 trainees.
Fri Oct 07 2022
RM10 bln loan funding to spur automation, digitalisation in SME sector - Tengku Zafrul

RM10 bln loan funding to spur automation, digitalisation in SME sector - Tengku Zafrul

Tengku Zafrul said through Bank Negara Malaysia, the government will provide loans to support small and medium-sized companies.
Fri Oct 07 2022
PTPTN loan for M40 (M1) group increased to 100 per cent - PM

PTPTN loan for M40 (M1) group increased to 100 per cent - PM

Ismail Sabri said the government also agreed to provide loans for the purchase of laptops to PTPTN borrowers in the M40 group.
Thu Sep 15 2022
What do BNM rate hikes mean for M'sian households?

What do BNM rate hikes mean for M'sian households?

For some households, this would mean paying more for interest payments and servicing of loans and debt, says an economist.
Fri Sep 09 2022
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
Putin says BRICS will generate most of global economic growth

Putin says BRICS will generate most of global economic growth

Russian President Vladimir Putin will host a summit of the group in the city of Kazan on Oct. 22-24.
Sat Oct 19 2024