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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
S. Korean president announces new ministry to tackle national birth rate crisis

S. Korean president announces new ministry to tackle national birth rate crisis

South Korea has set up a new ministry to address the country's declining birth rate, described as a "national emergency."
Thu May 09 2024
Pro-Palestinian protesters at UCLA tussle with Israel supporters

Pro-Palestinian protesters at UCLA tussle with Israel supporters

Skirmishes between pro-Israeli and pro-Palestinian demonstrators at UCLA, where a tent encampment was set up last week.
Mon Apr 29 2024
Britain's Prince William pays tribute to his late mother Princess Diana at awards event

Britain's Prince William pays tribute to his late mother Princess Diana at awards event

The Diana Award set up in 2017, recognises young people for social action of humanitarian work, with a ceremony held every two years.
Fri Mar 15 2024
Britain's Prince William pays tribute to his late mother Princess Diana at awards event

Britain's Prince William pays tribute to his late mother Princess Diana at awards event

The Diana Award set up in 2017, recognises young people for social action of humanitarian work, with a ceremony held every two years.
Fri Mar 15 2024
Meta to set up team to counter disinformation, AI abuse in EU elections

Meta to set up team to counter disinformation, AI abuse in EU elections

The rapid growth of generative AI has triggered fears that the new technology could be used to disrupt major elections across the world.
Mon Feb 26 2024
Exemption of CGT, taxes on FSI deemed to boost capital market performance

Exemption of CGT, taxes on FSI deemed to boost capital market performance

PwC Malaysia tax partner Jennifer Chang said the exemption would encourage more unit trusts to be set up in the capital market.
Wed Jan 17 2024
Penang police set up special task force to combat burglaries

Penang police set up special task force to combat burglaries

Datuk Khaw Kok Chin, there was an increase in burglary cases in Timur Laut, Seberang Perai Utara and Seberang Perai Selatan last year.
Mon Jan 15 2024
Bill on setting sole border agency to be drafted soon

Bill on setting sole border agency to be drafted soon

The Cabinet agreed to the bill proposal to set up a new SBA entity which will use one name and operates as the new border control agency.
Tue Jan 09 2024
OCM ready to discuss with KBS to set up fund for producing sports films

OCM ready to discuss with KBS to set up fund for producing sports films

OCM wants to apply to the government, to set up a fund to assist those who are keen to produce movies symbolising success in sports.
Thu Dec 14 2023
Task force set up to expedite procurement approval for security forces

Task force set up to expedite procurement approval for security forces

Datuk Johan Mahmood Merican had been instructed to monitor the task force to ensure approval for the purpose is expedited.
Tue Dec 12 2023
Permanent disaster relief centres to be set up immediately in nine states - PM

Permanent disaster relief centres to be set up immediately in nine states - PM

Datuk Seri Anwar Ibrahim said the PPKB involves a ceiling cost of RM5 million for each centre.
Tue Nov 28 2023
Govt to set up special committee to empower Shariah court - PM

Govt to set up special committee to empower Shariah court - PM

Conference of Rulers gave consent to study ways to enhance powers of Syariah Court over Muslims and ensuring it does not affect non-Muslims.
Tue Nov 21 2023
China's Xi offers more investment in South China Sea claimant Brunei

China's Xi offers more investment in South China Sea claimant Brunei

Xi Jinping said China would welcome more exports from Brunei, tell more Chinese enterprises to set up shop in the Southeast Asian country.
Fri Nov 17 2023
Russia, Malaysia to set up working group to boost tourism cooperation

Russia, Malaysia to set up working group to boost tourism cooperation

Both countries agreed to create a specialised working group within the framework of the work of the Russian-Malaysian commission.
Tue Nov 14 2023
Pengembara 46 negara dibenar guna 'autogate' di pintu masuk negara

Pengembara 46 negara dibenar guna 'autogate' di pintu masuk negara

Jumlah itu adalah tambahan daripada 10 buah negara yang dibenarkan berbuat demikian pada tahun lepas.
Thu May 16 2024
AWANI Ringkas: 10 kes strok haba di Terengganu

AWANI Ringkas: 10 kes strok haba di Terengganu

Ikuti rangkuman berita utama yang menjadi tumpuan sepanjang hari di Astro AWANI menerusi AWANI Ringkas.
Thu May 16 2024
Kes Zulfarhan: Keputusan rayuan 18 bekas penuntut UPNM 23 Julai ini

Kes Zulfarhan: Keputusan rayuan 18 bekas penuntut UPNM 23 Julai ini

Mahkamah Rayuan di sini pada Khamis menetapkan keputusan kes berhubung kematian Allahyarham Zulfarhan membabitkan 18 bekas penuntut itu, pada 23 Julai depan.
Thu May 16 2024
Faisal Halim dibenarkan jumpa anak dari jarak jauh

Faisal Halim dibenarkan jumpa anak dari jarak jauh

Situasi terkini Faisal Halim berada dalam keadaan baik selepas menunjukkan perkembangan positif dari masa ke semasa.
Thu May 16 2024
Baj langgar jambatan di AS akibatkan tumpahan minyak

Baj langgar jambatan di AS akibatkan tumpahan minyak

Sebuah baj melanggar jambatan di Galveston, bandar di Pantai Teluk di negeri Texas Amerika Syarikat (AS) pada Rabu menyebabkan tumpahan minyak ke teluk dan sebahagian jambatan itu runtuh.
Thu May 16 2024
Kes mahkamah Najib tidak akan selesai dalam masa terdekat - Nooryana

Kes mahkamah Najib tidak akan selesai dalam masa terdekat - Nooryana

Kes mahkamah yang melibatkan bekas Perdana Menteri, Datuk Seri Najib Razak tidak akan selesai dalam masa terdekat.
Thu May 16 2024
MFLS terajui usaha membina negara bangsa dengan belia berkepimpinan

MFLS terajui usaha membina negara bangsa dengan belia berkepimpinan

Dalam hasrat membina negara bangsa yang diterajui golongan berkempipinan tinggi, Akademi Kenegeraan Malaysia (AKM) meneruskan lagi program Malaysia Future Leaders School (MFLS) untuk tahun keenam.
Thu May 16 2024
Serangan buaya: Perhilitan Melaka pasang perangkap

Serangan buaya: Perhilitan Melaka pasang perangkap

Perhilitan Melaka akan menjalankan rondaan berkala dan memasang perangkap susulan kejadian seekor kambing milik penduduk dibaham buaya.
Thu May 16 2024
MAVCOM batal lesen perkhidmatan udara My Jet

MAVCOM batal lesen perkhidmatan udara My Jet

MAVCOM membatalkan lesen perkhidmatan udara (ASL) My Jet Xpress Airlines Sdn Bhd (My Jet) berkuat kuasa 2 Mei 2024.
Thu May 16 2024
600,000 pelarian rayu perlindungan, Israel dakwa tiada krisis kemanusiaan

600,000 pelarian rayu perlindungan, Israel dakwa tiada krisis kemanusiaan

Tentera Zionis bukan sahaja bertindak kejam dengan mengebom bandar di selatan Gaza, Rafah, tetapi juga di bahagian utara dan tengah, yang sebelum ini diisytiharkan kawasan selamat bagi pelarian Palestin.
Thu May 16 2024