Nearly 2,600 applications worth RM208m recorded as of this month

Both accused face up to RM100,000 in fines, 20 years' imprisonment if convicted

All accused face up to RM100,000 in fines, ten years' imprisonment if convicted

Review needed as private academic evaluation systems not standardised like public counterparts, says Zambry

Accused faces 20 years’ imprisonment, RM10,000 fine if convicted

Four accused face 20 years imprisonment, RM10,000 bribe, both upon conviction

Banks find it difficult to handle, evaluate intangible assets, says analysts

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...

KUALA LUMPUR, July 21 — The government should establish a creditworthiness or credit scoring agency to regulate the eligibility of consumers taking loans, the Dewan Rakyat was told today.

KUALA LUMPUR, May 16 — Loans to the private non-financial sector grew by 5.5 per cent in the first quarter of 2025 (1Q 2025) versus 5.2 per cent in 4Q 2024, amid sustained growth in outstanding loans and higher growth in outstanding corporate bonds.

By Yasmin Ramlan SHAH ALAM, April 17 — In recent years, the issue of late National Higher Education Fund Corporation (PTPTN) repayments has garnered attention, especially as many young Malaysians struggle with managing their finances. For fresh graduates, the combination of financial...

KUALA LUMPUR, April 7 — Alliance Bank Malaysia Bhd is now close to achieving RM15 billion in new sustainable banking business for green projects to support small and medium enterprises (SMEs) ahead of the targeted 2027 financial year.

By Fitri Hazim Hazam SEPANG, March 21 — A vegetarian frozen food trader has achieved monthly sales of up to RM50,000 after receiving business financing assistance from Yayasan Hijrah Selangor. Narayanan G. Marimuthu, 49, said the business he started in 2020 faced significant challenges,...

NIBONG TEBAL, Feb 8 — The Education Ministry (MOE) has never authorised any private companies or financial consulting firms offering loan schemes to enter schools and provide their services to teachers, said its minister Fadhlina Sidek.

KUALA LUMPUR, Jan 18 — The Malaysian Anti-Corruption Commission (MACC) has detained four more individuals suspected of accepting bribes in return for assisting in processing and approving personal loan applications submitted by a financial consultancy firm.

By Siti Rohaizah Zainal SHAH ALAM, Oct 11 – Yayasan Hijrah Selangor has implemented stricter conditions on borrowers, such as requiring them to furnish six months of bank statements and a guarantor for high-risk financing, after over 30,000 people failed to repay their loans on time. Its...

KUALA TERENGGANU, Feb 17 — Single civil servants are planning to save and invest the RM2,000 early incentive payment of the Public Service Remuneration System (SSPA) review that they will receive on February 23, unlike their colleagues with school-going children who probably would prioritise preparations for the new school term to start early March.

By Sofia Nasir SHAH ALAM, Jan 11 — Yayasan Hijrah Selangor is engaging with collection agents to retrieve outstanding loans that have ballooned to over RM100 million from some 16,000 businesses since 2015.  Its chief executive officer Datuk Mearia Hamzah said the state subsidiary is also...

SHAH ALAM, Nov 14 — The Selangor State Assembly sitting was told today that over 15,000 Hijrah Selangor borrowers, or 22 per cent of the overall loans amounting to RM135 million have defaulted on their repayment.

KUALA LUMPUR, Nov 14 — The employee salary deduction for repayment of National Higher Education Fund Corporation (PTPTN) loans, which used to be done manually, can now be done online through Portal Majikan Online.