KUALA LUMPUR, March 13 — Approximately 5,272 youths below the age of 34 have been declared bankrupt from 2020 to this year, according to Youth and Sports Minister Hannah Yeoh.

KUALA LUMPUR, March 12 — The Credit Counselling and Management Agency (AKPK) has benefited nearly 1.4 million individuals through free financial advisory services, as well as assisting approximately 495,000 borrowers through the Debt Management Programme (DMP) as of December last year.

KUALA LUMPUR, Dec 4 — A total of 13 per cent of the 477,571 borrowers registered with the Credit Counselling and Debt Management Agency (AKPK) have fully settled debts exceeding RM3.2 billion, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

KUALA LUMPUR, Oct 1 — The Credit Counselling and Debt Management Agency (AKPK) reports that 53,000 individuals under 30 are burdened by nearly RM1.9 billion in cumulative debt.

By Danial Dzulkifly SHAH ALAM, June 10 – Only six People’s Housing Programme (PPR) units out of the 8,420 units in Selangor were found to have been illegally rented out or sublet to different owners based on a recent survey, said state executive councillor for housing Borhan Aman Shah.  In...

KUALA LUMPUR, March 23 — During last year’s tabling of Budget 2024, Prime Minister Datuk Seri Anwar Ibrahim announced a 10 to 15 per cent discount on National Higher Education Fund Corporation (PTPTN) loan repayments from October 14, 2023, to March 31 this year.

By Sofia Nasir SHAH ALAM, March 20 — Yayasan Hijrah Selangor is aiming to provide up to RM1 billion in loans to entrepreneurs in conjunction with the ninth anniversary of the agency's establishment this year. Its chief executive officer Datuk Mearia Hamzah said 88,653 financings were granted...

By Danial Dzulkifly SHAH ALAM, March 20 — State entrepreneurship fund Yayasan Hijrah Selangor has inked a memorandum of understanding (MoU) with the Credit Counselling and Debt Management Agency (AKPK) to provide counselling services to distressed borrowers. The strategic collaboration...

KUALA LUMPUR, March 6 — The National Entrepreneurial Group Economic Fund (Tekun) has approved RM3.34 billion in funding to 206,174 entrepreneurs from 2020 to 2023, the Dewan Rakyat was told today.

By Fitri Hazim Hazam SHAH ALAM, Jan 30 — Yayasan Hijrah Selangor plans to organise 20 training programmes to help entrepreneurs strengthen their businesses this year. Its chief executive officer Datuk Mearia Hamzah said 1,000 entrepreneurs are expected to participate in the Training Strategy...

KUALA LUMPUR, Dec 11 — The government has disbursed RM5.19 billion in funds to 292,530 micro, small and medium enterprises (MSMEs) and cooperatives up to November, to support those still recovering from the Covid-19 pandemic.

KUALA LUMPUR, Nov 21 (Bernama) -- Financial literacy efforts still need a lot of improvement, especially at the school level so that the people are not financially illiterate, said Deputy Finance Minister I Datuk Seri Ahmad Maslan.

KOTA KINABALU, Nov 19 — The collaboration between the Malaysian Takaful Association (MTA), Credit Counselling and Debt Management Agency (AKPK) and vocational colleges in providing financial literacy programmes to Technical, Vocational Education and Training (TVET) students equips them with better financial management skills as well as realise the importance of takaful.

KUALA LUMPUR, Oct 3 — Supporting Malaysia’s small and medium enterprises (SMEs) is vital as the global supply chains are shifting to Asean countries.

KUALA LUMPUR, June 26 – The high cost of living and poor financial planning has been cited as among the main reasons Malaysians fail to pay their debts or have debt issues.

KUALA LUMPUR, April 27 — Agensi Kaunseling dan Pengurusan Kredit (AKPK) has determined that about 20 of its customers have had personal information — names and National Registration Identity Card (NRIC) numbers — published by cybercriminals on the dark web.

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

KUALA LUMPUR, March 30 — The small and medium enterprises (SMEs) loans under the repayment assistance remained high at 36.5 per cent of total SME loans in December 2021 or 5.7 per cent of total loans from banks and development financial institutions but moderated from its peak in July 2021.

KUALA LUMPUR, Oct 14 — The introduction of the Financial Management and Resilience Programme (Urus) is in line with the country’s efforts to put in place holistic debt management and financial planning solutions, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, Oct 14 — The banking industry is working alongside the Credit Counselling and Debt Management Agency (AKPK) to assist eligible B50 customers with an estimated contribution value of RM1 billion under the newly announced Financial Management and Resilience Programme (Urus).