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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
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
Couple sells tea at 50 sen a cup to repay kindness of donors when daughter had leukaemia

Couple sells tea at 50 sen a cup to repay kindness of donors when daughter had leukaemia

The couple opened Warung Teh 'O' 50 Sen to repay the good deeds of their customers and friends who had helped them so much in times of need.
Wed Jan 31 2024
Salary deduction for PTPTN repayment can now be done online

Salary deduction for PTPTN repayment can now be done online

The PTPTN said that the online service could also be used for savings in the National Education Savings Scheme (Simpan SSPN).
Tue Nov 14 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
PM Anwar calls on banks to continue to help SMEs

PM Anwar calls on banks to continue to help SMEs

At the same time, troubled borrowers can get free advice and loan repayment assistance through the Credit Counseling and Management Agency.
Fri Jun 30 2023
PTPTN loan repayment discount initiative on offer until May 31

PTPTN loan repayment discount initiative on offer until May 31

PTPTN has provided various channels for borrowers to make repayments including online through the myPTPTN application and internet banking.
Fri May 26 2023
Malaysia probes cases of migrant workers left jobless, without passports

Malaysia probes cases of migrant workers left jobless, without passports

Many took loans to pay recruitment fees, but are unable to start repaying them without jobs or salaries, Andy Hall said.
Thu Apr 20 2023
It's About YOUth: PTPTN - What’s driving the student debt problem?

It's About YOUth: PTPTN - What’s driving the student debt problem?

Plagued by collection problems and low repayment rates, is it time to rethink the PTPTN model of student finance? And with many borrowers earning too little to afford repayment, what does this say about the structural employment problems facing graduates? Ooi Kok Hin from The Centre talks about building a more sustainable higher education financing programme.
Fri Mar 10 2023
Govt didn't provide necessary infrastructure - NFC chairman

Govt didn't provide necessary infrastructure - NFC chairman

Dr Mohamad Salleh Ismail told the High Court today that he was unable to repay the RM253.6 million in loan as the government did not provide the necessary infrastructure for the NFC project.
Tue Nov 08 2022
Hearing of govt's suit against NFC to resume tomorrow

Hearing of govt's suit against NFC to resume tomorrow

The hearing of the government's suit against NFC to recover RM253.6 million in loan repayments and interest, has been adjourned to tomorrow.
Mon Nov 07 2022
Govt focuses on policies to support businesses; banks will continue to help SMEs with repayment issues - Tengku Zafrul

Govt focuses on policies to support businesses; banks will continue to help SMEs with repayment issues - Tengku Zafrul

The decision on whether to grant moratoriums to SMEs is very much dependent on whether the banks think that the SMEs have repayment issues.
Tue Sep 13 2022
MOF monitoring effects of OPR hike on consumer loan repayments

MOF monitoring effects of OPR hike on consumer loan repayments

Mohd Shahar said BNM's decision to increase the OPR was made when the economic indicators were showing positive signs.
Mon Aug 08 2022
Gov't, NFC still in discussions on settling RM253.6 mln suit - Senior federal counsel

Gov't, NFC still in discussions on settling RM253.6 mln suit - Senior federal counsel

The Malaysian government and the National Feedlot Corporation (NFC) are still in talks to settle a lawsuit demanding that the company repay the loan and interest amounting to RM253.6 million.
Tue May 17 2022
Flood-affected SMEs urged to take advantage of SMEEF 2.0

Flood-affected SMEs urged to take advantage of SMEEF 2.0

Noh said SMEEF 2.0 provided an interest-free loan of RM100,000 with a repayment period of up to five years.
Tue Mar 29 2022