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
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
ANALYSIS - Apple has big AI ambitions - at a lower cost than its rivals
Apple thinks different. Its capital expenditure for all of 2023 was just over $10 billion.
Sat May 11 2024
Niaga Spotlight: Combatting corruption via strategic approaches
This week’s launch of the National Anti-Corruption Strategy (NACS) 2024-2028 by Prime Minister Anwar Ibrahim is a concrete step for a national corruption suppression strategy.
Deriving from GDP estimates between 2018 and 2023, Malaysia has lost at least RM277 billion to corruption over the past five years alone.
This staggering figure highlights the economic and social impacts of graft, which could have been much better allocated towards key national development priorities.
Niaga Spotlight discusses strategic approaches for combatting corruption with Reinushini Chandrasegaram, Managing Director, RC Compliance Sdn Bhd.
Deriving from GDP estimates between 2018 and 2023, Malaysia has lost at least RM277 billion to corruption over the past five years alone.
This staggering figure highlights the economic and social impacts of graft, which could have been much better allocated towards key national development priorities.
Niaga Spotlight discusses strategic approaches for combatting corruption with Reinushini Chandrasegaram, Managing Director, RC Compliance Sdn Bhd.
Fri May 10 2024
Malaysia suffers RM277 billion losses over five years due to corruption - MACC
Tan Sri Azam Baki said the losses were calculated based on cumulative estimate of the GDP over five-year period from 2018 until last year.
Tue May 07 2024
Amazon to spend nearly $9 bln to expand cloud infra in Singapore
The investment adds to the S$11.5 billion the company has already invested in the Asia Pacific Region till 2023, AWS said in a statement.
Tue May 07 2024
Goldman Sachs criminal case over 1MDB formally ends
A US judge formally ended the US govt's criminal case against Goldman Sachs after it met its obligations and paid $2.9 billion in penalties.
Tue May 07 2024
Agenda AWANI: A Conversation With Satya Nadella
Microsoft announced it will invest US$2.2 billion over the next four years to support Malaysia’s digital transformation. How will this benefit Malaysians? Editor in Chief, Ashwad Ismail speaks to Microsoft Chaiman & CEO, Satya Nadella.
Fri May 03 2024
Rebuilding bombed Gaza homes may take 80 years, UN says
Nearly seven months of Israeli bombardment have caused billions of dollars in damage, leaving many of the buildings reduced to heaps.
Thu May 02 2024
Civil servants to get over 13pct pay increase, highest in history - PM
Datuk Seri Anwar Ibrahim said the increase would involve an allocation of over RM10 billion.
Wed May 01 2024
AWANI Tonight: How AI is reshaping the assembly line for home appliances
South Korea's home appliance market was valued at $5.6 billion in 2023. Astro AWANI correspondent Faye Kwan reports from the LG Changwon factory in Busan on how artificial intelligence and big data are being incorporated into the production line.
#AWANITonight
#AWANITonight
Fri Apr 26 2024
Myanmar warlord at centre of battle for key border town
Troops of the ruling junta and rebels jostle for control of the outpost that handles more than $1 billion in border trade every year.
Fri Apr 26 2024
PM denies claims that government issuing casino licence for Forest City
PM Datuk Seri Anwar Ibrahim denies that the govt was in talks with local billionaires to open a casino in Forest City, Johor.
Thu Apr 25 2024
Najib never directed 1MDB management to transfer US$1.03 billion to Jho Low's company - witness
The 49th prosecution witness, in her testimony, confirmed that US$1.03 billion had been transferred to the Good Star account.
Thu Apr 25 2024
Biden signs Ukraine aid, TikTok ban package after Republican battle
Joe Biden signed a hard-fought bill into law that provides billions of dollars of new US aid to Ukraine for its war with Russia.
Thu Apr 25 2024
Kerajaan cadang Akta Pembangunan Hartanah bagi Semenanjung Malaysia - Nga
Beliau berkata, inilah masanya untuk kerajaan mempertimbang akta yang lebih komprehensif, telus dan bertanggungjawab.
Wed May 15 2024
Sindiket dadah tumpas, lelaki ditahan bersama 20 bungkus heroin
Suspek direman selama enam hari bermula Selasa hingga 19 Mei bagi membantu siasatan.
Wed May 15 2024
Strategi Singapura sesuai diadaptasi di Malaysia untuk pulihara keadaan pokok - Pakar
Usaha konservasi pokok warisan menerusi Heritage Tree Scheme yang dilaksanakan Lembaga Taman Negara Singapura (NParks) boleh dijadikan contoh.
Wed May 15 2024
Lelaki dikejar polis selepas cuba merampas sebuah lori
Seorang suspek perampas lori telah ditahan pada malam isnin selepas dikejar polis dalam keadaan berbahaya melalui beberapa jalan di lima, ibu negara peru.
Kamera keselamatan di perbandaran ate, timur lima, menunjukkan lelaki itu melarikan diri dengan panik melalui beberapa jalan di daerah itu, sehingga berlanggar dengan kenderan peronda polis dan bergerak dalam keadaan bersimpang siur tanpa mengendahkan arahan pegawai polis.
Kamera keselamatan di perbandaran ate, timur lima, menunjukkan lelaki itu melarikan diri dengan panik melalui beberapa jalan di daerah itu, sehingga berlanggar dengan kenderan peronda polis dan bergerak dalam keadaan bersimpang siur tanpa mengendahkan arahan pegawai polis.
Tue May 14 2024
Peralihan teraju kepimpinan Singapura malam ini
Upacara angkat sumpah perdana menteri keempat Singapura itu akan berlangsung pada 8 malam ini di Istana.
Tue May 14 2024
Nakba: 76 tahun pembantaian zionis Israel di Palestin
Perpindahan besar-besaran penduduk Palestin yang pertama berlaku pada 1948, dikenali sebagai Nakba, atau 'malapetaka' dalam bahasa Arab.
Tue May 14 2024
Pertemuan PM Anwar dan Hamas timbul resah Barat
Perdana Menteri Datuk Seri Anwar Ibrahim mengakui pertemuan beliau dengan pemimpin tertinggi Hamas pada Selasa berkemungkinan menimbulkan keresahan dalam kalangan rakan-rakan Malaysia khususnya dari Barat.
Tue May 14 2024
50 trak bantuan yang memasuki Gaza pada Ahad "hampir tidak cukup".
Itu yang dikatakan jurucakap Jabatan Negara Amerika Syarikat, Vaden Patel pada Selasa dimana beliau percaya masih lebih banyak yang perlu dilakukan untuk melancarkan proses aliran bantuan ke dalam Gaza.
Tue May 14 2024
Genap 76 tahun Nakba, saksi pembantaian kejam Israel
15 Mei, menandakan genap 76 tahun, tanah rakyat Palestin telah dirampas secara ganas dan dipindahkan secara paksa di tangan peneroka haram Yahudi, tentera zionis Israel.
Tue May 14 2024
Kerajaan cadang akta pembangunan hartanah bagi Semenanjung Malaysia - Nga
Menurut Menteri Perumahan dan Kerajaan Tempatan Nga Kor Ming, idea penubuhan akta berikutan kehidupan moden dalam pembangunan bercampur merangkumi peruncitan, komersial, SOHO (pejabat kecil/pejabat rumah) dan kediaman perubatan.
Tue May 14 2024