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Audit report: Federal govt channels grants worth RM39.74 bln to 1MDB

Audit report: Federal govt channels grants worth RM39.74 bln to 1MDB

The grants were intended for principal repayment and other expenses, including bond interest and coupon payments, according to the report.
Mon Oct 14 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
Air Selangor to start repaying RM248.7 Mln State Govt loan in 2031 - MB

Air Selangor to start repaying RM248.7 Mln State Govt loan in 2031 - MB

The Selangor State Legislative Assembly sitting was told today that Pengurusan Air Selangor Sdn Bhd (Selangor Air) is scheduled to begin repaying a loan of RM248.7 million to the state government
Thu Feb 29 2024
Couple sells tea at 50 sen a cup to repay kindness of donors when daughter had leukaemia

Couple sells tea at 50 sen a cup to repay kindness of donors when daughter had leukaemia

The couple opened Warung Teh 'O' 50 Sen to repay the good deeds of their customers and friends who had helped them so much in times of need.
Wed Jan 31 2024
Salary deduction for PTPTN repayment can now be done online

Salary deduction for PTPTN repayment can now be done online

The PTPTN said that the online service could also be used for savings in the National Education Savings Scheme (Simpan SSPN).
Tue Nov 14 2023
KPT does not plan to continue PTPTN loan repayment discount initiative under Budget 2023

KPT does not plan to continue PTPTN loan repayment discount initiative under Budget 2023

Datuk Seri Mohamed Khaled Nordin said the ministry would focus on digitalisation, research and innovation and student housing.
Wed Oct 04 2023
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
PTPTN loan repayment discount initiative on offer until May 31

PTPTN loan repayment discount initiative on offer until May 31

PTPTN has provided various channels for borrowers to make repayments including online through the myPTPTN application and internet banking.
Fri May 26 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
Govt didn't provide necessary infrastructure - NFC chairman

Govt didn't provide necessary infrastructure - NFC chairman

Dr Mohamad Salleh Ismail told the High Court today that he was unable to repay the RM253.6 million in loan as the government did not provide the necessary infrastructure for the NFC project.
Tue Nov 08 2022
Hearing of govt's suit against NFC to resume tomorrow

Hearing of govt's suit against NFC to resume tomorrow

The hearing of the government's suit against NFC to recover RM253.6 million in loan repayments and interest, has been adjourned to tomorrow.
Mon Nov 07 2022
Govt focuses on policies to support businesses; banks will continue to help SMEs with repayment issues - Tengku Zafrul

Govt focuses on policies to support businesses; banks will continue to help SMEs with repayment issues - Tengku Zafrul

The decision on whether to grant moratoriums to SMEs is very much dependent on whether the banks think that the SMEs have repayment issues.
Tue Sep 13 2022
MOF monitoring effects of OPR hike on consumer loan repayments

MOF monitoring effects of OPR hike on consumer loan repayments

Mohd Shahar said BNM's decision to increase the OPR was made when the economic indicators were showing positive signs.
Mon Aug 08 2022
Gov't, NFC still in discussions on settling RM253.6 mln suit - Senior federal counsel

Gov't, NFC still in discussions on settling RM253.6 mln suit - Senior federal counsel

The Malaysian government and the National Feedlot Corporation (NFC) are still in talks to settle a lawsuit demanding that the company repay the loan and interest amounting to RM253.6 million.
Tue May 17 2022
Flood-affected SMEs urged to take advantage of SMEEF 2.0

Flood-affected SMEs urged to take advantage of SMEEF 2.0

Noh said SMEEF 2.0 provided an interest-free loan of RM100,000 with a repayment period of up to five years.
Tue Mar 29 2022
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