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Consider This: Youth in Debt (Part 1) — The Price of Financial Illiteracy on Youth?

Consider This: Youth in Debt (Part 1) — The Price of Financial Illiteracy on Youth?

The Credit Counseling and Management Agency (Agensi Kaunseling dan Pengurusan Kredit, AKPK) recently reported that 65% of the total number of the agency’s clients as of March were those aged between 28 and 30. That’s some 53,000 youths seeking AKPK's services to restructure their debts, worth nearly RM1.9 billion in total. What are the implications of this staggering statistic, and what systemic factors are contributing to the financial struggles faced by young Malaysians today? On this episode of #ConsiderThis Melisa Idris speaks to Clare Walker, CEO of the Financial Industry Collective Outreach (FINCO) a non-profit organisation set up by the financial industry to deliver educational initiatives to underprivileged children and youth.
Mon May 13 2024
Consider This: Youth in Debt (Part 2)— 53,000 Youths Seeking Help To Manage Debt

Consider This: Youth in Debt (Part 2)— 53,000 Youths Seeking Help To Manage Debt

The Credit Counseling and Management Agency (Agensi Kaunseling dan Pengurusan Kredit, AKPK) recently reported that 65% of the total number of the agency’s clients as of March were those aged between 28 and 30. That’s some 53,000 youths seeking AKPK's services to restructure their debts, worth nearly RM1.9 billion in total. What are the implications of this staggering statistic, and what systemic factors are contributing to the financial struggles faced by young Malaysians today? On this episode of #ConsiderThis Melisa Idris speaks to Nirmala Supramaniam, Head of the Household Financial Education Department at AKPK, an agency under Bank Negara which helps individuals with the responsible use of credit.
Mon May 13 2024
EPF announces account restructuring initiative, members to have flexible account from May 11

EPF announces account restructuring initiative, members to have flexible account from May 11

Under the account restructuring initiative, all accounts of members under the age of 55 will be restructured to three accounts.
Thu Apr 25 2024
Cabinet reshuffle: Full list of Unity Government lineup

Cabinet reshuffle: Full list of Unity Government lineup

The restructured cabinet now comprises 31 ministers and 29 deputy ministers.
Tue Dec 12 2023
[COLUMNIST] Restructure the medicine procurement and supply chain ecosystem

[COLUMNIST] Restructure the medicine procurement and supply chain ecosystem

The PN17 classification may impact Pharmaniagas credit facility and the financial troubles have ripple effects throughout the supply chain.
Wed Apr 19 2023
KBS wants TVET programme restructured to avoid duplication, wastage

KBS wants TVET programme restructured to avoid duplication, wastage

KBS wants the government through the KSM to restructure the existing TVET programme to avoid duplication and wastage in its implementation.
Thu Jan 26 2023
Govt to restructure economy based on three main strategies - PM Anwar

Govt to restructure economy based on three main strategies - PM Anwar

The government will restructure the country's economy based on three main strategies, namely to eradicate poverty, restructure and restore the economy.
Thu Jan 19 2023
FT Ministry restructured into FT Dept - Mohd Zuki

FT Ministry restructured into FT Dept - Mohd Zuki

The Federal Territories Ministry has been restructured administratively and is now known as the Federal Territories Department under the Prime Minister's Department (JPM).
Thu Dec 22 2022
Integrated system needed to restructure eKasih - MPN

Integrated system needed to restructure eKasih - MPN

The MPN has recommended that the existing eKasih system be restructured so that no eligible recipient is left out of receiving government assistance.
Thu Oct 13 2022
Govt agrees to restructure four highway concession companies to reduce toll - Ismail Sabri

Govt agrees to restructure four highway concession companies to reduce toll - Ismail Sabri

The government has agreed to restructure four highway toll concession companies under PROLINTAS to reduce the toll rates of the highways.
Thu Oct 13 2022
National Veterans' Council to be restructured - Hishammuddin

National Veterans' Council to be restructured - Hishammuddin

MINDEF is restructuring the National Veterans' Council so that it is more realistic and focused, especially in facing the current needs and issues.
Thu Sep 29 2022
MFL to expand Super League, discontinue Premier League from 2023

MFL to expand Super League, discontinue Premier League from 2023

The Malaysia League (M-League) will be restructured from the 2023 season onwards, with 18 teams (instead of 12 currently) featuring in the Super League and the Premier League discontinued temporarily.
Wed Jul 20 2022
Sri Lanka calls for $1 bln debt restructure as crisis rages

Sri Lanka calls for $1 bln debt restructure as crisis rages

Sri Lanka must urgently seek funds from multilateral lenders and aim to restructure a debt payment due in July, the finance minister said.
Fri Apr 08 2022
Argentina strikes breakthrough deal with IMF in $45 bln debt talks

Argentina strikes breakthrough deal with IMF in $45 bln debt talks

A major breakthrough in tense talks to restructure loans the country cannot repay.
Sat Jan 29 2022
NSC restructures athletes' training allowances

NSC restructures athletes' training allowances

The National Sports Council (NSC) is reviewing the allowances of national athletes who have been given new contracts to undergo training programmes this year based on their performance since 2018.
Wed Jan 05 2022
Pemimpin Israel berpecah kerana tadbir urus Gaza pasca perang

Pemimpin Israel berpecah kerana tadbir urus Gaza pasca perang

Ia turut didorong serangan tidak dijangka di beberapa wilayah Palestin oleh Hamas, selain kumpulan berkenaan mengumpulkan semula pasukannya di utara Gaza biarpun Israel sebelum ini, mendakwa ia sudah dinyahaktifkan di lokasi terbabit.
Sun May 19 2024
Malaysia, Uzbekistan boleh jalin perkongsian strategik bidang berkaitan kepentingan umat Islam

Malaysia, Uzbekistan boleh jalin perkongsian strategik bidang berkaitan kepentingan umat Islam

Kedua-dua negara majoriti Islam itu boleh bekerjasama sebagai pasukan yang kuat dalam pelbagai bidang yang mempunyai minat khusus umat Islam.
Sun May 19 2024
Kes COVID-19 Singapura naik hampir dua kali ganda

Kes COVID-19 Singapura naik hampir dua kali ganda

Untuk melindungi kapasiti katil hospital dan sebagai langkah berjaga-jaga, hospital awam diminta mengurangkan kes pembedahan elektif yang tidak mendesak dan memindahkan pesakit yang sesuai ke kemudahan penjagaan seperti Kemudahan Penjagaan Peralihan atau di rumah melalui Mobile Inpatient Care@Home.
Sun May 19 2024
Faisal Halim tunjukkan kesembuhan positif - Adam Adli

Faisal Halim tunjukkan kesembuhan positif - Adam Adli

Pemain sayap sensasi Harimau Malaya dan Selangor FC Mohamad Faisal Abdul Halim atau lebih dikenali sebagai Faisal Halim, kini menunjukkan tanda-tanda kesembuhan yang positif.
Sun May 19 2024
APEC harus tetapkan gaji minimum - MITI

APEC harus tetapkan gaji minimum - MITI

Kerjasama Ekonomi Asia Pasifik (APEC) harus secara kolektif mewujudkan penetapan gaji standard untuk mencegah kadar gaji tidak sesuai yang memberi kesan kepada golongan wanita.
Sun May 19 2024
Malaysia, Uzbekistan akan tingkatkan kerjasama ekonomi - Tengku Zafrul

Malaysia, Uzbekistan akan tingkatkan kerjasama ekonomi - Tengku Zafrul

Malaysia dan Uzbekistan akan memperbaharui komitmen mereka untuk mengukuhkan hubungan ekonomi sempena hubungan diplomatik selama empat dekad, kata Menteri Pelaburan, Perdagangan dan Industri Tengku Datuk Seri Zafrul Abdul Aziz.
Sun May 19 2024
Kestabilan politik bawa pembangunan dan kemajuan di Sarawak - TPM Ahmad Zahid

Kestabilan politik bawa pembangunan dan kemajuan di Sarawak - TPM Ahmad Zahid

Timbalan Perdana Menteri Datuk Seri Ahmad Zahid Hamidi berkata kestabilan politik telah membawa banyak pembangunan dan kemajuan di Sarawak.
Sun May 19 2024
AWANI Ringkas: Faisal Halim tunjuk perkembangan positif

AWANI Ringkas: Faisal Halim tunjuk perkembangan positif

Ikuti rangkuman berita utama yang menjadi tumpuan sepanjang hari di Astro AWANI menerusi AWANI Ringkas.
Sun May 19 2024
Kerjasama Malaysia-Uzbekistan tawar potensi amat besar - PM Anwar

Kerjasama Malaysia-Uzbekistan tawar potensi amat besar - PM Anwar

Kerjasama antara Malaysia dan Uzbekistan menawarkan potensi amat besar yang boleh mentransformasikan dan memodenkan pembangunan ekonomi kedua-dua negara serta menarik pelaburan, kata Perdana Menteri D
Sun May 19 2024
Warga emas tunai haji selepas lima kali terima 'jemputan'

Warga emas tunai haji selepas lima kali terima 'jemputan'

Walaupun tanpa peneman, namun ia tidak menghalang dirinya daripada menjadi Duyufurrahman (tetamu Allah) bagi musim haji 1445H/2024.
Sun May 19 2024