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Higher Education Minister: PTPTN repayments to be deferred for three months until Aug 31

PETALING JAYA: National Higher Education Fund Corporation (PTPTN) loan repayments will be deferred for three months, says Datuk Seri Dr Noraini Ahmad. ....

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The Permai Stimulus Initiatives: What's Actually New, And What's Not

9 minute read
Yesterday, Prime Minister Tan Sri Muhyiddin Yassin unveiled the government’s new PERMAI stimulus package, the fifth economic stimulus package in Malaysia aimed at combatting the negative effects of the Covid-19 pandemic. Worth RM15 billion, the PERMAI stimulus consists of 22 initiatives – some of which improve on current initiatives that are already ongoing or accelerating the implementation of said initiatives.
So, if you’re wondering why some of the initiatives under PERMAI sound rather
familiar, it’s because they may have already been announced or implemented before. To help clear things up, we go through the PERMAI highlights to see which are part of existing initiatives and which are brand-new benefits. ....

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PERMAI: Additional Relief For Loans, i-Sinar, PTPTN Borrowers & More

Prime Minister Tan Sri Muhyiddin Yassin has announced a RM15 billion special aid package called PERMAI –
Pakej Bantuan Perlindungan Ekonomi dan Rakyat Malaysia (The Malaysian Economic and Rakyat Protection Assistance Package).
Here are the initiatives he announced regarding loans, the Employees Provident Fund’s (EPF) i-Sinar programme and National Higher Education Fund Corporation (PTPTN).
Moratorium and loan restructuring period extended
Moratoriums and loan restructuring is extended and will be offered by banks. For states hit by floods, 15 banks have already offered to extend as such.
To date, Muhyiddin stated that over 1.3 million borrowers have applied and received the loan restructuring assistance, with an approval rate of 95% for individual borrowers and 99% for small and medium enterprise (SME) borrowers. ....

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Ungku Aziz the irreplaceable academician

Ungku Aziz the irreplaceable academician
16 Dec 2020 / 08:51 H.
Royal Prof Ungku Abdul Aziz Ungku Abdul Hamid is considered one in a million.-Bernama
KUALA LUMPUR: The country’s education and economic icon Royal Prof Ungku Abdul Aziz Ungku Abdul Hamid, who died yesterday, is considered one in a million.
Ungku Abdul Aziz, affectionately known as Pak Ungku, reportedly breathed his last at about 4 pm at a private medical centre here due to old age. He was 98.
News of Ungku Abdul Aziz’s demise affected many, especially Universiti Malaya, which is synonymous with the late academician. Through its official Facebook page, the university described the passing of Ungku Abdul Aziz, its longest-serving vice-chancellor for 20 years, as an irreplaceable loss. ....

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