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Thursday, July 18, 2019

Tag: Loans

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.

Tough measures needed on PTPTN loan repayment

It is time to leave populist and political considerations aside.

I’m ashamed but they’re not, Dr M says on PTPTN debtors

The prime minister says many can afford to repay their loans but do not because they are untrustworthy.

Saudi sovereign fund secures US$11 billion loan

The PIF had previously sought to raise billions of dollars through an initial public offering of shares in Aramco to fund projects that seek to reduce the kingdom's dependence on oil.

FIFA report proposes regulating transfer fees, limiting player loans

The FIFA report says that an inflated transfer market is driving "unsavoury practices which may lead to the exploitation of players".

Petronas-Saudi Aramco venture seeks commitments for US$9.7 billion loan

The new borrowing comprises three tranches: an export credit agency facility, an ECA-covered portion and an uncovered commercial piece of around US$3.08 billion.

47% of Malaysian youths in steep credit card debt

BNM assistant governor urges youths to be more financially savvy.

China hosts African leaders amid aid criticism

Nations across Africa are hoping that China's enthusiasm for infrastructure investment will help promote industrialisation in their countries.

Taiwan’s last African ally holds out despite overtures by China

Chinese President Xi Jinping is likely to use the Africa summit to offer a generous new round of aid and loans to the continent.

ICBC profit rises most since 2014 amid China de-risking campaign

The order to step up lending comes against a backdrop of rising corporate defaults and a surge in bad debt in the second quarter, though most of the increase came from rural lenders.

ECRL cancelled until we can afford it, says Dr M

The prime minister says the focus for Malaysia now is to solve its financial deficit.

Former Trump lawyer Cohen being investigated for US$20 million in loans

The loans are part of an investigation into whether Cohen committed bank and tax fraud, and for possible campaign law violations involving adult film star Stormy Daniels.

Lost your job? Here are 8 tips to help keep you...

From getting financial help to renegotiating your loan repayments and consolidating your debts, there are many ways to weather the storm.

Some promises can be broken, KJ tells PH govt

Rembau MP says he will forgive the government if it goes back on its word on the GST and PTPTN.

New National Housing Policy by year-end

This will simplify legislation and the borrowing process to help people own homes.

China pledges US$20 billion in loans for Arab states

China will provide Arab states with US$20 billion in loans for economic development.

Risky, yes, but it helps pay the bills, says Grab driver

Johnny Lee says he has had little success looking for another job, while Daniel Chow says he is now more wary on the job following the death of a Grab driver in Seremban last week.

Housing issue: We were not set up to give loans, says...

It says it is structured towards investment and fund management, while its mandate is to provide a safe place to invest and grow its members' savings for retirement.

Up to banks to fix borrowers’ debt service ratio, says BNM

The central bank says it also does not have a prescribed ratio level for civil servants.

Italy’s doBank plans to take on US$17 billion more in bad...

The move is intended to to preserve doBank's sector leadership amid rising competition.

Let EPF finance members’ home purchase, urges association

The National House Buyers Association says this could overcome the problem of house buyers being unable to get bank loans or forcing banks to relax lending guidelines.

Zuraida: Banks must consider all incomes of housing loan applicants

Minister says this will address the high rate of rejections of applications.

PH’s PTPTN pledge will hurt new students, says Umno’s Khaled

Mohamed Khaled Nordin, a former higher education minister, says loan repayments serve to ensure sufficient funding for new borrowers.

Now APAD, will BPAD or CPAD be next?

The new government must consider the consequences of the choices it makes, and avoid extreme populist tendencies for the good of the country.