Growing importance of financial literacy awareness
Dr Lynn Wee Ling Min In recent years, financial literacy has garnered significant attention and importance as it has become a crucial topic of discussion among governments and policymakers worldwide. At the micro level, financial literacy pertains to an individual’s ability to effectively manage their finances, and make informed choices regarding saving, spending, and investments […]
Financial literacy grads get Kuching into MBOR
BY JAMES WONG KUCHING: Children as young as four to seven helped Kuching get into the Malaysia Book of Records here on Saturday. They achieved the feat after it emerged that they accounted for the ‘Most Students Graduated from a Financial Literacy Programme.’ The SmartReader DuitSmart Kids Programme saw 1,789 graduates nationwide, all of them […]
Bumiputeras and Indians most hit by EPF withdrawals
KUCHING: Covid-19 pandemic-related withdrawals amounting to RM145 billion over the last two years have resulted in a significant decline in the median savings of the Employees Provident Fund’s (EPF) Bumiputera and Indian members. An economist at EPF, who declined to be named, revealed to New Sarawak Tribune that Bumiputera EPF members saw a whopping 70 […]
Programme helps raise awareness about financial literacy
SARATOK: People need to manage their finances wisely, says Kalaka assemblyman Mohamad Duri. He said 2023 in the Kalaka constituency kicked off with the Money Proficient Community Programme (Komaw), aimed to provide exposure to financial literacy. “This is for the benefit of folk in Saratok, especially in helping to raise awareness about financial literacy. “Therefore, […]
Greater efforts needed to enhance financial literacy
KUALA LUMPUR: Greater continuous efforts are needed to improve financial literacy among Malaysians, particularly in light of the current circumstances, in which the epidemic has brought economic hardship. The Economic Action Council previously reported that more than 600,000 households from the middle 40 per cent (M40) income group have slipped into the bottom 40 per […]
Sixth season of AEIOU Challenge goes digital
KUCHING: The sixth edition of the award-winning financial literacy programme AEIOU Challenge by Alliance Bank will be conducted digitally. Alliance Bank Malaysia Berhad (‘Alliance Bank’ or the ‘Bank’) stated that this is in a way to safeguard the safety and wellbeing of schoolchildren, teachers, and parents. “All of the learning materials will be digitalised, and […]
