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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.

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.

The addition of 10 more containers brings the total number to 110 containers worth RM12 million, which can benefit 60,000 families in Gaza.

Trio to face corruption and money laundering charges involving a foreign workers' hostel project worth RM11.6 million.

Datuk Arham Abdul Rahman said it is a remarkable success for the country in attracting foreign and domestic investments.

Tan Sri Robert Tan Hua Choon was charged with cheating the Ministry of Finance in awarding a contract worth RM3.9 billion to his company.

GenAI is expected to unlock an astounding estimated worth of US$113.4 billion in productive capacity

Fuziah Salleh says the team also makes compost from food waste using compost machine, which can produce fertilisers within 48 hours.

Donald Trump faces a Monday deadline to post a bond covering a $454 million civil judgment against him in a New York state case.

Uni Enrol lists 500 types of scholarships and over 4,000 courses of study at 120 local and international universities.

The PKPS 2.0 voluntary disclosure programme is an initiative to expand number of taxpayers and encourage tax compliance to increase revenue.

In total, North Korea exported 1,680 tonnes of false eyelashes, beards and wigs to China in 2023, worth around $167 million.

A court in military-run Myanmar has put up for auction the villa where Aung San Suu Kyi spent 15 years under house arrest.

The digital wall clocks featured Quran recitation with azan functions sold without approval.

The wealth of the worlds five richest billionaires has more than doubled since start of the decade, while 60% of humanity has grown poorer.

Bursa Malaysia meneruskan aliran meningkat pada sesi dagangan awal hari ini walaupun prestasi Wall Street yang bercampur-campur.

Seorang pegawai kerajaan Iran memaklumkan bahawa helikopter yang hilang itu ditemui 'terbakar sepenuhnya'.

Tokoh politik berusia 63 tahun itu telah lama dianggap sebagai pengganti kepada Pemimpin Tertinggi Iran, Ayatollah Ali Khamenei.

Ini berita yang baharu kami terima, Presiden Iran Ebrahim Raisi dilapor meninggal dunia dalam nahas helikopter yang berlaku pada Ahad.

Menurut laporan Reuters yang memetik jurucakap kerajaan, helikopter tersebut telah terbakar sepenuhnya.

Turut terkoban Menteri Luar Iran Hossein Amir Abdol Lahian.

Ringgit diniagakan tinggi pada Isnin berbanding dolar AS berikutan keyakinan baharu mengenai prospek penurunan kadar oleh Rizab Persekutuan (Fed) AS pada September.

Segala keputusan yang akan dicapai The Fed pada minggu ini sama ada menurunkan kadar dananya atau tidak, akan menentukan kedudukan nilai ringgit tempatan. Berdasarkan sentimen semasa, masih samar-samar sama ada bank pusat Amerika Syarikat itu akan melaksanakan penurunan.

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Sentimen yang dinyatakan dalam penerbitan minit Jawatankuasa Pasaran Terbuka Persekutuan Amerika Syarikat (AS) pada 22 Mei 2024, berkemungkinan menjadi pemacu utama trajektori ringgit dengan pendirian untuk menurunkan kadar faedah yang berpotensi membawa kepada kejatuhan nilai dolar US dan memanfaatkan mata wang tempatan, katanya dalam satu nota penyelidikan.

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Ketua Perangkawan Malaysia, Datuk Seri Dr Mohd Uzir Mahidin berkata, peningkatan perlahan inflasi pada 2023 itu adalah selari dengan penyusutan kebanyakan harga komoditi global, gangguan bekalan yang mereda, kawalan harga dan pemberian subsidi untuk barangan terpilih.

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Naib presiden penyelidikan ekuiti Rakuten Trade Sdn Bhd Thong Pak Leng menjangka indeks itu berlegar dalam jajaran 1,605-1,635 pada minggu ini apabila aktiviti pengambilan untung dijangka berlaku pada awal minggu.

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Aktiviti jualan akan kekal berlaku di Bursa Malaysia namun data ekonomi tempatan yang kukuh dijangka menjadi penyokong besar untuk FBM KLCI.

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