Category: General

KUALA LUMPUR, The Credit Counselling and Debt Management Agency (AKPK) is committed to helping Malaysians achieve financial freedom through three key pillars: financial education, financial advisory, and debt management. Established in 2006, the agency, which operates under Bank Negara Malaysia, has helped more than 470,000 individuals facing financial difficulties and has provided guidance to micro, small, and medium enterprises (MSMEs) on financial management since Sept 2020. Its chief executive officer Azaddin Ngah Tasir said that AKPK has strived to empower the public to help achieve financial well-being by emphasising financial understanding, discipline, and resilience. He also expressed pride in AKPK’s

KUALA LUMPUR, As Malaysia celebrates Malaysia Day today, it is a moment for the nation to reflect on its formation on Sept 16, 1963, as a symbol of unity and reflection, says Tan Sri Lee Lam Thye. The National Unity Advisory Council member said that Malaysia Day celebrations should serve as a unifying force to bringing together people of diverse backgrounds from Peninsular Malaysia, Sarawak, and Sabah together for a common goal and the success of the country. ‘Since Sept 16, 1963, was the day that Sabah and Sarawak joined with the Federation of Malaya to form Malaysia, the commemoration

Manila: The Land Bank of the Philippines’ (LandBank) new lending program “AgriSenso” is expected to benefit hundreds of agrarian reform beneficiaries (ARBs), including the whole agriculture value chain in the country, the Department of Agrarian Reform (DAR) said Tuesday. In a news release, DAR said a PHP10 billion fund was allotted for the program to bolster food security and sufficiency nationwide. ‘LandBank eyes at least 5,000 AgriSenso borrowers with an initial total amount of PHP500 million under LandBank’s new lending program,’ LandBank Executive Vice President Alex Lorayes said. The lending program, with an interest of 7 percent annually, aims to

KUALA LUMPUR, Alliance Bank Malaysia Bhd has announced the passing on of its chairman, Tan Sri Ahmad Mohd Don, 77. In a filing with Bursa Malaysia today, the bank said that Ahmad, a former governor of Bank Negara Malaysia (BNM), had been the bank’s chairman since Feb 1, 2017. Alliance Bank’s group chief executive officer (CEO), Kelle Kam said Ahmad made a tremendous impact on the bank, bringing about positive changes to build a strong banking group in Malaysia. ‘We are greatly saddened by his passing. He was a very well-known and well-respected figure in the community and the banking

LABUAN, A total of 500 low-income earners in this duty-free island will begin moving into Labuan’s first Program Residensi Rakyat (PRR) Batu Arang, Tanjung Aru here starting next month, following the completion of the RM119 million project in August. Deputy Minister of Local Government and Housing, Datuk Aiman Athira Sabu said the development, which commenced in January 2018, features two 13-storey blocks comprising 500 units. She said each 700.19 sq ft apartment is designed with three rooms, providing ample living space for residents. ‘The project aims to enhance the community’s living experience by offering essential amenities, including a community hall,