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High Court summary judgement orders Jovian to pay RM10 mln in friendly loans

High Court summary judgement orders Jovian to pay RM10 mln in friendly loans

Datuk Jovian Mandagie was sued separately by the two companies for allegedly failing to repay their friendly loans of RM5 million each.
Thu Jul 11 2024
Government-backed loans provide lifeline for Malaysian businesses

Government-backed loans provide lifeline for Malaysian businesses

Securing financing is essential for business growth and Term Loans under the Madani programme are a popular choice in Malaysia.
Thu Jun 20 2024
Air Selangor to start repaying RM248.7 Mln State Govt loan in 2031 - MB

Air Selangor to start repaying RM248.7 Mln State Govt loan in 2031 - MB

The Selangor State Legislative Assembly sitting was told today that Pengurusan Air Selangor Sdn Bhd (Selangor Air) is scheduled to begin repaying a loan of RM248.7 million to the state government
Thu Feb 29 2024
Failed to collect debt, 'Ah Long' threatened neighbours

Failed to collect debt, 'Ah Long' threatened neighbours

The victim said he noticed the fence of the house, his wife's car and his neighbour's car were splashed with red paint.
Thu Jan 25 2024
1MDB trial: Talks on diplomatic joint ventures did not go through formal channel - Witness

1MDB trial: Talks on diplomatic joint ventures did not go through formal channel - Witness

The discussion did not involve high-ranking govt officials, even though the govt had to bear the loans with issuance of full guarantees.
Fri Jan 05 2024
Brazil wants farmers to help save the Amazon. Will it work?

Brazil wants farmers to help save the Amazon. Will it work?

Farmers would be encouraged to invest subsidized loans in either improving pasture productivity or converting pasture into cropland.
Sat Dec 16 2023
Bayar balik PTPTN ikut ICL praktikal, tidak bebankan peminjam - PM Anwar

Bayar balik PTPTN ikut ICL praktikal, tidak bebankan peminjam - PM Anwar

Kaedah pembayaran balik pinjaman PTPTN mengikut Income Contingent Loan (ICL) merupakan cadangan yang praktikal dan tidak membebankan peminjam.
Mon Oct 23 2023
KPT does not plan to continue PTPTN loan repayment discount initiative under Budget 2023

KPT does not plan to continue PTPTN loan repayment discount initiative under Budget 2023

Datuk Seri Mohamed Khaled Nordin said the ministry would focus on digitalisation, research and innovation and student housing.
Wed Oct 04 2023
Peninsula loan shark engages Sibu gang for debt recovery

Peninsula loan shark engages Sibu gang for debt recovery

Police exposed the operations of unlicensed money lenders who employed a local group to use violent tactics in debt collection.
Wed Sep 27 2023
Part of 1MDB loan went into Najib's account - BNM analyst

Part of 1MDB loan went into Najib's account - BNM analyst

BNM's Adam Ariff Mohd Roslan said the money was deposited into Najib's account, between June 23, 2014 to Dec 17, 2014.
Thu Sep 21 2023
Van Gogh painting stolen from Dutch museum during pandemic is recovered

Van Gogh painting stolen from Dutch museum during pandemic is recovered

The painting, which dates from 1884, was stolen from the Museum Singer Laren, east of Amsterdam, where it was on loan for an exhibition.
Thu Sep 14 2023
Elon Musk borrowed $1 bil from SpaceX in same month of Twitter deal - WSJ

Elon Musk borrowed $1 bil from SpaceX in same month of Twitter deal - WSJ

SpaceX approved the $1 bil loan, which was backed by some of Musk's SpaceX stock, in October and Elon Musk drew all of it the same month.
Wed Sep 06 2023
Yi Yi and Sheng Yi, visible symbols of China's panda diplomacy with Malaysia

Yi Yi and Sheng Yi, visible symbols of China's panda diplomacy with Malaysia

The pandas were loaned to Malaysia as China viewed the country as one of its important partners.
Tue Aug 29 2023
Thailand's ex-PM Thaksin to serve 8 years in jail - Court statement

Thailand's ex-PM Thaksin to serve 8 years in jail - Court statement

The charge include for abuse of power and malfeasance, and illegally ordering a state-run bank to issue foreign loan.
Tue Aug 22 2023
Astro secures RM400 mil term loan facility from SMBC

Astro secures RM400 mil term loan facility from SMBC

The term loan is available for multiple drawdowns and the first drawdown shall be made within 3 months from the date of the Facility Agreement.
Mon Aug 14 2023