PETALING JAYA: Chairman of Majlis Amanah Rakyat (Mara), Datuk Dr Asyraf Wajdi Dusuki, has criticised individuals who neglect their loan repayments despite the agreements being contracts for loans, not charity. He said that all debts must be repaid as the funds belong to the public and are managed with utmost trust under Mara’s stewardship. "I am entrusted...
PETALING JAYA: Most Malaysians who opted in for Employees Provident Fund's (EPF) Account 3 withdrew the funds to settle debts and outstanding loans, according to a poll by The Star. The online poll, which was held in the week before the last day of the opt-in on Aug 31, saw 1,300 people responded. Around 288 people (42.11%)...
KUALA LUMPUR: The National Higher Education Fund Corporation (PTPTN) has launched its first-ever loan restructuring campaign, offering a minimum payment of RM300 to encourage borrowers to settle their arrears. In a statement on Saturday (June 22), PTPTN announced that the two-month campaign, running from June 1 to July 31, is open to all borrowers with arrears,...
KOTA KINABALU: Sabah will ensure it can recover as much as possible of the money borrowed from the state, says Datuk Seri Masidi Manjun (pic). He added that this includes private companies in Peninsular Malaysia and said that there would be no write-offs for loans by these companies, adding the Sabah government would doggedly go after...
SHAH ALAM: The Selangor state government's initiative to provide financing schemes with less strict conditions since 2020, has helped over 30,000 entrepreneurs earn over RM5,000 per month. State Housing, Urban Well-being and Entrepreneur Development Committee chairman Rodziah Ismail (pic) said as of July, Yayasan Hijrah Selangor had approved funding for 72,000 entrepreneurs totalling RM645mil. "Our capital financing...
