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AKPK appoints new board chairman

KUALA LUMPUR: The Credit Counselling and Debt Management Agency (AKPK), a wholly-owned subsidiary of Bank Negara Malaysia, has appointed Anuar Mohd Hassan as the Board of Directors’ Chairman, effective September 3, 2018.

Curbing out-of-control spending

HAVING self-control and ability to keep one’s lifestyle in check helps when it comes to credit card usage and dealing with the issue of overspending, especially among the youths.

Youths have to exercise self-control when it comes to credit card usage to avoid overspending. — AP Photo

Improve financial education

From PROF DATUK DR MARIMUTHU NADASON, President, Fomca.

Almost 65k Malaysian youth declared bankrupt since 2013

KUALA LUMPUR: Some 64,632 Malaysians aged between 18 to 44 years old have been declared bankrupt over the last five years, the Parliament was told.

Credit card interest charges to stay

MALAYSIA will not abolish interest charges imposed on credit cards used in retail shopping, Deputy Finance Minister Datuk Othman Aziz said.

Interest charges on credit cards here to stay, says Deputy Finance Minister

KUALA LUMPUR: Malaysia will not abolish interest charges imposed on credit cards used in retail shopping, Deputy Finance Minister Datuk Othman Aziz said.

Bank Negara's five-pronged approach to affordable housing

KUALA LUMPUR: Bank Negara Malaysia has proposed a five-pronged strategy as a holistic approach to effectively bridge the affordable housing gap in Malaysia.

AKPK expands role to help potential bankrupts

KUALA LUMPUR: Debt Management and Counselling Agency (AKPK) has expanded its role to become a nominee under the Voluntary Arrangement (VA) service, a rescue mechanism to help potential bankrupts.

Bank Negara launches free central credit info platform for public

KUALA LUMPUR: Bank Negara Malaysia has launched its free online platform for the public to access their own central credit reference information system (CCRIS) report, anywhere at their convenience.

Setting your financial goals for 2018

IT IS almost the end of 2017 and as usual, many of us will begin to reflect and set resolutions for 2018.

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