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Business 10 Feb 2011 | 12:00 AM

Credit counselling agency sees better debt situation

KUALA LUMPUR: Credit Counselling and Debt Management Agency does not expect the number of people attending its debt counselling sessions to go up this year following an improvement in 2010.

Business 03 Nov 2005 | 12:00 AM

Bank Negara sets up credit counselling, debt agency

BANK Negara has announced the establishment of the Credit Counselling and Debt Management (CCDM) agency to undertake credit counselling and loan restructuring for individuals.

Business 16 Jul 2007 | 12:00 AM

Fitness First to offer nutrition counselling

FITNESS First Asia group, the operator of the country's top fitness club Fitness First, plans to introduce on-training nutrition counselling as part of its fitness package next year.

Technology 12 Dec 2017 | 12:00 AM

Fired Indian technology workers turn to chatbots for counselling

BENGALURU: For months Lovkesh Joshi was quietly terrified of losing his job as a manager at a top Indian tech services company. Clients were cutting their budgets, prompting his bosses to fire dozens of colleagues. His manager told him not to worry, but it was hard not to when experts were predicting that millions of the country’s IT workers would be eliminated in the coming years. “My head was full of ‘yaar, kya honewalla hai?’” says Joshi, using a Hindi expression that means “what’s going to happen?”

Business 10 Jun 2013 | 5:30 PM

Fewer younger Malaysians facing debt defaults, says AKPK

The percentage of young Malaysians facing debt defaults has been reduced to 10 per cent as at April this year from 15.8 per cent in 2009, according to the Credit Counselling and Debt Management Agency (AKPK).

Business 07 Feb 2013 | 12:00 AM

AKPK appoints Mahani director

KUALA LUMPUR: The Credit Counselling and Debt Management Agency (AKPK), a wholly-owned subsidiary of Bank Negara, has appointed Datin Mahani Tan Abdullah as director effective January 2013.

Business 27 Feb 2013 | 12:00 AM

Improving financial literacy

PETALING JAYA: Visa has teamed up with the National Credit Counselling and Debt Management Agency or AKPK – a Bank Negara unit – and some banks to raise the level of financial management and literacy in the country, a timely move considering one out of five Malaysians practically have zero savings and the ratio of household debt to gross domestic product is at about 77%.

Corporate News 05 Jan 2017 | 6:30 AM

AKPK resolves nearly 12,000 cases totalling RM488m

KUALA LUMPUR: The Credit Counselling and Debt Management Agency (AKPK) has successfully assisted 11,935 individuals to fully settle their debts totalling RM488 million through its debt management programme (DMP) as at Nov 30, 2016.