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Banks are being urged to set a maximum limit on interest rates for personal loans by stopping interest accrual after six months to ease the burden on borrowers facing financial difficulties. Photo for illustrative purposes only. (inset: Yamani)
Money
Limit maximum bank interest to six months, ex deputy minister says
SHAH ALAM - Banks are being urged to set a maximum limit on interest rates for personal loans by...
Experts have suggested nine proactive measures believed to be effective in addressing debt addiction, particularly among individuals aged 45 and below, who contribute significantly to Malaysia's high bankruptcy rate. Photo for illustrative purposes only.
Money
Experts propose nine key measures to reduce bankruptcy
SHAH ALAM – Experts have proposed nine proactive measures aimed at curbing debt addiction,...
The Malay community constitutes the majority of bankruptcy cases in Malaysia, with 15,586 cases or 57.92 per cent of the total recorded between 2020 and March 2024.
Money
Malays make up majority of bankruptcy cases, Mdl data shows
SHAH ALAM – Malays are the primary contributors to Malaysia's highest bankruptcy rate, with...
There are three main financial products driving debt crises: personal loans, vehicle hire purchase and credit cards. Photo for illustrative purposes only.
Money
Debt trap: How lifestyle loans are driving bankruptcy
SHAH ALAM – It has become a common culture among Malaysians especially the younger generation to...
Photo for illustration purposes only. - 123RF
National
Woman who falsely claimed loan shark made her mistress found safe
GEORGE TOWN - A woman who claimed she was coerced into becoming a mistress by an unlicensed...
Amir Hamzah.
Money
AKPK reports 53,000 under-30s owe RM1.9 billion – Amir Hamzah
KUALA LUMPUR - The Credit Counselling and Debt Management Agency (AKPK) reports that 53,000...
Najib. Bernama FILE PIX
National
Najib did not request feasibility study for SRC loan, court told
KUALA LUMPUR - Former Prime Minister Datuk Seri Najib Razak told the High Court here today that he...
Federal Territories Syariah Bar Association president Datuk Zainul Rijal Abu Bakar said that a major issue regarding child maintenance claims in divorce cases was the delay in implementation once a divorce process was finalised.
National
Formula for child support calculations should speed up payments
SHAH ALAM - The government needs to consider prioritising a formula for child support based on basic...
Barisan Nasional candidate Syed Hussien (left) and Perikatan Nasional Haizan. - Photo by Bernama
Politics
Syed Hussein vs Haizan: What Mahkota voters want from their leaders
KLUANG - As the Mahkota by-election approaches, it is clear that this contest will be fiercely...
Photo for illustration purpose only. - File photo
National
Families struggling with gambling addiction seek help
KUALA LUMPUR - "My husband is addicted to online gambling, has accumulated debts with loan sharks,...
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People walk past posters campaigning for Democratic presidential nominee, US Vice President Kamala Harris are seen on a wall along twelfth street on November 04, 2024 in Philadelphia, Pennsylvania. - File photo by AFP
Harris needed Hawaii vacation after losing presidential election - White House
American singer Bruno Mars and K-pop singer Rose in the music video of Apt. Photo: ROSE/YOUTUBE
Rosé, Bruno Mars to perform viral hit for first time
In Dewan Rakyat yesterday, Anwar explained the government’s new strategy to reduce overseas travel expenses was to invite companies such as Petronas, Proton, and others to participate. - Photo credit: Anwar Ibrahim/Facebook
Govt saves nearly RM1 million in Anwar's flight cost for visits to five countries - Fahmi
Abang Adik has garnered recognition at prestigious events such as the 37th Fribourg International Film Festival in Switzerland and the First Film Festival in China. - File photo
Abang Adik wins best film award in Los Angeles
Britain's King Charles III. Photo by Thibaud Moritz/AFP
King Charles' coronation cost £72 million, government accounts show
Most Popular
Healing through stories: Must-watch K-dramas for mental health support
It’s Okay, That’s Love - Source: X
King Charles' coronation cost £72 million, government accounts show
Britain's King Charles III. Photo by Thibaud Moritz/AFP
Police collect over RM1 million in discounted summonses on first day of 2TM programme
Photo for illustrative purposes only. Bernama FILE PIX
Abang Adik wins best film award in Los Angeles
Abang Adik has garnered recognition at prestigious events such as the 37th Fribourg International Film Festival in Switzerland and the First Film Festival in China. - File photo
One dead, one injured in Australian helicopter crash
Photo for illustrative purposes only - Canva
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