SHAH ALAM, July 24 — Online shopping platforms offering buy now, pay later (BNPL) services have been urged to self-regulate to ensure consumer rights remain protected.

By Suhaila Shahrul Annuar SHAH ALAM, July 24 — The establishment of the Consumer Credit Commission (CCC) could complement Selangor’s financial literacy ecosystem, said state executive councillor for youth, sports and entrepreneurship Mohd Najwan Halimi. He said that when one monitors and logs...

By Danial Dzulkifly KUALA LUMPUR, July 21 — Puchong MP Yeo Bee Yin today raised concerns that unchecked buy now, pay later (BNPL) services could lead to higher consumer costs and create monopolies by major providers, unless proper regulation is introduced. While debating the second reading of...

SHAH ALAM, June 23 — The government is aiming to discharge 200,000 individuals by year end, said Minister in the Prime Minister’s Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said, with about 186,000 people having been released from bankruptcy already.

By Danial Dzulkifly SHAH ALAM, May 14 — The rapid rise of Buy Now, Pay Later (BNPL) in Malaysia has reinforced the urgent need for stronger regulations to prevent reckless spending that could lead to debt accumulation and defaults, especially among youth with limited financial literacy. While...

KUALA LUMPUR, March 13 — Approximately 5,272 youths below the age of 34 have been declared bankrupt from 2020 to this year, according to Youth and Sports Minister Hannah Yeoh.

KUALA LUMPUR, March 12 — The Credit Counselling and Management Agency (AKPK) has benefited nearly 1.4 million individuals through free financial advisory services, as well as assisting approximately 495,000 borrowers through the Debt Management Programme (DMP) as of December last year.

KUCHING, Nov 17 — The financial knowledge of Malaysians has significantly improved since 2016 and is approaching the level of developed countries; however, three challenges remain which hinder further progress towards becoming a financially literate society.

By Suhaila Shahrul Annuar SHAH ALAM, Aug 25 — Minggu Saham Amanah Malaysia (MSAM) serves as a financial literacy guide for the people, Menteri Besar Dato’ Seri Amirudin Shari said. He said the exhibit not only offers investment products, but encompasses various financial fields. “The...

KUALA LUMPUR, Nov 21 (Bernama) -- Financial literacy efforts still need a lot of improvement, especially at the school level so that the people are not financially illiterate, said Deputy Finance Minister I Datuk Seri Ahmad Maslan.

KOTA KINABALU, Nov 19 — The collaboration between the Malaysian Takaful Association (MTA), Credit Counselling and Debt Management Agency (AKPK) and vocational colleges in providing financial literacy programmes to Technical, Vocational Education and Training (TVET) students equips them with better financial management skills as well as realise the importance of takaful.

KUALA LUMPUR, Oct 12 — Permodalan Nasional Berhad (PNB) is committed to empowering the community with financial literacy skills through the organisation of various financial and investment literacy-based programmes.

SHAH ALAM, Oct 10 — Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi has suggested that financial literacy modules be included in the National Service Training Programme (PLKN) 3.0 as early preparation for the younger generation to face future challenges.

KEPALA BATAS, Oct 8  —  Visitors are making the most of the last day of Minggu Saham Amanah Malaysia (MSAM) 2023, the biggest annual financial literacy carnival hosted by Permodalan Nasional Berhad (PNB), today, by getting more information on investment and savings.

KEPALA BATAS, Oct 1 — The Education Ministry (MOE) and Higher Education Ministry (MOHE) can play their roles in giving early exposure on financial literacy to students and university students from the early stage.

KUALA LUMPUR, March 9 — Higher digitalisation and financial technology (fintech) collaborations can help strengthen the Islamic finance industry’s resilience and open new avenues for growth, said Bursa Malaysia Bhd chairman Tan Sri Abdul Wahid Omar.

KUALA LUMPUR, Nov 19 — Jobseekers and employers will have the opportunity to meet each other virtually at the upcoming three-day MyMalaysia Career e-Fair, happening from November 28 to 30.

KUALA LUMPUR, Oct 28 — HSBC Bank Malaysia Bhd has collaborated with non-profit organisation Teach For Malaysia (TFM) to create the HSBC FUN-nancial Guide, which aims to help children understand personal finance fundamentals in an easy and interactive manner.