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Wednesday, June 26, 2019

Tag: Loans

Scholarships for Palestinians show govt has money after all, says PBS...

Parti Bersatu Sabah (PBS) deputy president Yee Moh Chai says there’s nothing wrong with giving Palestinian students scholarships but asks why the government is so hard on Malaysian students.

Give more loans to small businesses, Guan Eng urges banks

Lending active businesses key in negating effects of US-China trade war, says finance minister.

Putrajaya offers RM550 mil in easy loans to oil palm smallholders

The loans are being offered at 2% interest rate, says Finance Minister Lim Guan Eng.

3 out 4 loan applications by SMEs approved last year

Bank Negara says it will ensure SMEs continue to have full access to financing.

Survey finds EPF guide doesn’t reflect real cost of living

It finds that single adults are spending RM1,100 monthly on housing while the recommended budget in guide is only RM300.

Banking sector loans moderated to 5% in February, says research house

This is against 5.5% in January, TA Research says.

Local banking system asset quality remains healthy, says BNM

It says banks have continued to maintain sufficient buffers against potential credit losses.

IDEAS says windfall tax bad, but an economist disagrees

Think tank says Putrajaya should minimise compliance costs if it wants to encourage banks to lend more to the private sector while Ramon Navaratnam says windfall tax means better income distribution.

More now using PTPTN as savings fund

Deposits doubled to RM790 million in the National Education Savings Scheme (SSPN) in the second half of last year.

PTPTN groping in the dark

It must first have the latest information on borrowers and defaulters to know how much deduction needs to be made.

Are there mortgage-slaves in Malaysia?

There are those who buy at the wrong time and are forced to sell at a loss, and those who swear by property investment as they sold theirs at a profit.

Saudi central bank governor says does not see more bank mergers

Kholifey also says he does not expect deflation in Saudi Arabia thanks to consumer demand and real estate loans.

7 ways to get funding for your business

From registering your business to getting funding to kick-start your venture, it takes a lot of gumption to make it work, no matter what the challenges are.

Ease loan rules to overcome housing glut, says Penang housing developers...

Penang Rehda says housing glut reminiscent of 1999 property bubble.

India’s HDFC Bank profit up 20% in third quarter

Loans have grown at a quicker pace at private-sector banks which have grabbed market share from state-controlled lenders that carry the majority of bad loans in India.

Are Malaysian banks in for a tough time?

Moody’s Investors Service has announced that property loans are the greatest threat to Malaysian banks.

PTPTN: Don’t be ashamed to follow what BN did, says fund’s...

Former PTPTN chairman Shamsul Anuar Nasarah says new repayment scheme may increase collections but will put a strain on borrowers to pay back.

PTPTN borrowers needing ‘special consideration’ can appeal, says Wan Saiful

The PTPTN chairman says he understands the concerns that some borrowers may have but the loans must be paid back.

Najib slams PH for ignoring students from middle-income households

The former prime minister says students from M40 households have studied just as hard.

Former students have failed to pay back RM2.74 bil in PTPTN...

PTPTN needs RM3 billion a year to help students continue their studies, Dewan Rakyat told.

Pakistan PM to visit China, seeking funds as IMF bailout looms

The confirmation of Khan’s first visit to China as premier comes days after Pakistan secured US$6 billion dollars in funding from Saudi Arabia to help stave off a widening balance of payment crisis.

Najib: Why blame me for students not paying PTPTN loans?

The former prime minister reminds Pakatan Harapan that it was them who had instigated students not to repay their loans before GE14 and had promised to wipe out the loans.

Najib defends PTPTN debtors, hits out at PH’s hypocrisy

The former prime minister, however, advises those capable of repaying their loans to do so as PH's populist moves have put pressure on government's finances.

The importance of getting a financial education

Financial independence is achievable for everyone in their lifetimes, and for most within a decade or less with a disciplined, well-structured process.