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Extortionists using extreme measures to get people to take loans

KUALA LUMPUR: A group of extortionists are believed to be threatening would-be borrowers, splashing paint on their houses and vehicles, to force them into taking soft loans.

Profiting from concessions

Ever since the Pakatan Harapan government came to power, one of the things we learned was the total amount of government debt that Malaysia now have, which comprise not only the official government debt, but also two other components – committed government guarantees and lease payment for Private-Public Partnership (PPP) projects as well as debts related to 1MDB.

Greed is robbing the needy

From KANASON POTHINIKER, Department of Standards (retired 1992), Shah Alam.

Thai electronics firm compensates exploited workers in rare award

BANGKOK (Reuters): Burmese migrants who were illegally charged excessive recruitment fees to secure jobs at an electronics manufacturer in Thailand are being compensated in a rare award expected to spotlight a practice known to trap workers in modern slavery.

A-G: Perlis’ debts increased by 2.8%

KANGAR: The state government’s debts increased by 2.8% or RM10.99mil to RM403.32mil last year from RM392.33mill in 2017, said Auditor-General Datuk Nik Azman Nik Abdul Majid.