PTPTN launches loan restructuring campaign with minimum payment of RM300

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,...

MYAirline suspends operations from Oct 12, Mavcom to assist ticketholders

KUALA LUMPUR: Low-cost carrier MYAirline has announced it will suspend its operations from Oct 12, 2023, until further notice due to "significant financial pressures" pending a shareholder restructuring and recapitalisation of the airline. "We have worked tirelessly to explore various partnership and capital raising options to prevent this suspension. "Unfortunately, the constraints of time have left us...