Over 20 booths featured in SHEDA’s Home and Property Roadshow 2022

KUCHING: Over 20 booths consisting of members of Sarawak Housing and Real Estate Developers (SHEDA) and the non-members are showcased in this year’s SHEDA Kuching Branch Home and Property Roadshow 2022. The roadshow began, which from December 1 until December 4 also featured financial institutions, customised material suppliers and home internet suppliers. Its organising chairman, […]

AKPK developing programme to assist SME borrowers facing cash flow problems

KUALA LUMPUR: The Credit Counselling and Debt Management Agency (AKPK) is developing a Temporary Relief Programme (TRP) to reduce the burden of individual and small and medium enterprise’s (SME) borrowers who are still having difficulty restoring their cash flow. Deputy Finance Minister II Yamani Hafez Musa said the borrowers would start encountering this problem once […]

Borrowers may contact BNMTELELINK over problems on loan repayment assistance

KUALA LUMPUR: Bank Negara Malaysia (BNM) has urged the public to contact BNMTELELINK if they were to encounter any problems with loan repayment assistance applications or difficulties in contacting their respective banks. The central bank said if borrowers faced any difficulties with their banks, or if their instalments increased unreasonably, they may contact BNMTELELINK at […]

Avoid borrowing from illegal moneylenders

KUCHING: The public are advised against borrowing from illegal moneylenders in order to avoid falling into financial ruin. “Please do not make any loan transactions with illegal moneylenders despite how desperate you are during the Covid-19 pandemic, to avoid your life being ruined at the end of the day,” warned a financial advisor of Credit […]

AKPK helps 32,349 individuals settle debts totalling RM1.5 bln

KUALA LUMPUR: The Credit Counselling and Debt Management Agency (AKPK) has helped 32,349 people to fully settle their debts totalling RM1.5 billion via its debt management programme (DMP) as at Jan 31, 2021. Chief executive officer Azaddin Ngah Tasir said since its inception in 2006, the agency had extended its financial advisory services to over […]

AKPK offers targeted repayment assistance for customers affected by floods

KUALA LUMPUR: The Credit Counselling and Debt Management Agency (AKPK) is offering targeted repayment assistance for its Debt Management Programme (DMP) customers who have been affected by the recent floods in several states. AKPK in a statement today said the offering was made to help alleviate its customers’ financial burden. “The repayment assistance includes postponement […]

Educating loan borrowers post Covid-19

MUKAH: The Mini Job Carnival here yesterday witnessed a slight difference when it involved strategic participation from Bank Negara Malaysia (BNM) and others. Accompanying BNM were Credit Counselling and Debt Management Agency (AKPK), banks, and other financial agencies. Their participation however, was not related to the usual Sarawak Labour Department’s business of jobs matching for […]

How financial know-hows can help the new norm

KUALA LUMPUR: This month, many Malaysians who are eligible for the government’s Bantuan Prihatin Nasional have begun to receive the much-needed financial aid, and many have also breathed a sigh of relief from the moratorium on loan payments. Several initiatives under the Prihatin Rakyat Economic Stimulus Package (Prihatin), such as the wage subsidy programme as well as […]