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Business 04 Apr 2019 | 6:48 AM

Govt does not intend to amend Bankruptcy Act

KUALA LUMPUR: The government has no intention to amend the provisions under Section 60 (1) of the Bankruptcy Act (Amendment) 2017 (Act 1534).

Nation 15 Mar 2018 | 12:00 AM

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.

Nation 13 Dec 2017 | 12:00 AM

Young, carefree and broke

They are young and carefree to the point of being careless, and have expensive tastes. Branded handbags, holidays to exotic places, fancy cars and lavish weddings all lead them into huge debts. By the age of 30, they are bankrupt. Some as young as 25 are among the shocking 60% of the 94,400 people declared bankrupt in the last four years.

Nation 07 Oct 2017 | 12:00 AM

News nibbles

BANGI: Creditors cannot initiate bankruptcy proceedings against invalids and debtors suffering from chronic diseases, said Minister in the Prime Minister’s Department Datuk Seri Azalina Othman Said.

Nation 06 Oct 2017 | 6:01 AM

Insolvency Dept to clear 10,000 bankrupts per year for next five years

BANGI: The Insolvency Department is working towards releasing at least 50,000 bankrupt individuals after amendments were passed by Parliament recently.

Nation 01 Oct 2017 | 12:00 AM

Lajim set to get back party president’s post

KOTA KINABALU: Sabah Oppo­sition leader Datuk Seri Lajim Ukin caught in a week-long bankruptcy saga is set to be reinstated as Parti Harapan Rakyat president.

Nation 30 Sep 2017 | 10:46 AM

Lajim to be reinstated as Parti Harapan Rakyat Sabah president

KOTA KINABALU: Sabah opposition leader Datuk Seri Lajim Ukin is set to be reinstated as Parti Harapan Rakyat Sabah president.