Tag - Pawnshop

Pawnshops need help to stay afloat

PETALING JAYA: Fierce competition from larger and financially stronger players are hitting smaller and traditional pawnbroking business, prompting industry players to ask the government to intervene to ensure healthy competition. Malaysia Pawnbrokers Association said it was time for the government to introduce regulatory reforms to ensure pawnshops’ sustainability and equitable competition in the evolving financial market. ALSO...

JB pawn shop owner alleges ex-employee stole RM100,000 worth of items, cash

JOHOR BARU: A pawnshop owner claims that a former employee stole more than RM100,000 in jewellery and cash. The owner of the shop located in Gelang Patah, who only wanted to be known as May, said she hired the then 18-year-old girl in July 2022 to man the front counter. The 58-year-old said she shrugged off constant...