Debt Management Programme News Today

KUALA LUMPUR: The implementation of the National Higher Education Fund Corporation (PTPTN) loan repayment discount of up to 20%, which is effective from Wednesday (March 1) until May 31 as announced in the Budget 2023, covers four categories.

More banks are anticipated to sell their non-performing loans (NPLs) in the market this year with the ending of the loan moratorium last year, further impacted by the challenging global macroeconomic environment.

THE death of Queen Elizabeth II should be an opportunity for the incoming leadership of the Commonwealth to recalibrate the association to make it more meaningful and impactful for member states, a Development Economist, Dr Sam Ankrah, has proposed.

The death of the Queen of England, Elizabeth II, has sent shock-waves across the world and in particular the Commonwealth of which she was the head and transformed enormously to economically benefit member states.

PETALING JAYA: The public should seek advice before making new financial commitments to avoid financial distress later, says the Credit Counselling and Debt Management Agency (AKPK).

KUALA LUMPUR, June 23 — Nearly 60 per cent of the 46,132 Malaysians who declared bankruptcy from 2018 to May this year were aged between 25 and 44, according to the latest data...

Nearly 60 per cent of the 46,132 Malaysians who declared bankruptcy from 2018 to May this year were aged between 25 and 44, according to the latest data from the Insolvency Department

KUALA LUMPUR, March 30 — Bank Negara Malaysia (BNM) has expressed its concerns over the financial resilience of some segments of household borrowers that are highly leveraged and have lower financial buffer, a situation which can only be addressed by labour market and social protection...

From smaller instalments to interest exemptions, the Financial Management and Resilience Programme (URUS) is a holistic programme to help borrowers manage their

KUALA LUMPUR: Borrowers who are in need of financial assistance may still apply for the moratorium under the National People's Well-Being and Economic Recovery Package (PEMULIH).