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A blanket loan moratorium may not be the best solution for borrowers following the re-imposition of the Movement Control Order (MCO) nationwide.
PETALING JAYA: In the 15 years since Credit Counselling and Debt Management Agency (AKPK) was established by Bank Negara, it has helped almost 1.2 million individuals with financial advisory and assisted 34,000 participants in its debt management programme (DMP) to settle RM1.5bil of debts
Tengku Datuk Seri Zafrul Abdul Aziz said however, with the emergence of the gig economy, there are many opportunities and options to earn alternative sources of income to enhance savings.
KUALA LUMPUR: The government’s announcement that it is taking steps to remove all conditions for withdrawals under the Employees Provident Fund’s (EPF) i-Sinar facility is timely, given that those who have been affected by the Covid-19 crisis are in urgent need of the funds.
JANUARY and February are traditionally sober months of financial renewal. One common resolution is finding a financial adviser.
KUALA LUMPUR: A number of banks have responded to the national call for moratorium assistance and flood aid relief, especially for those affected by the current flood situation.
SEOUL: When Ryu Han-na, a 20-year-old university student, got cosmetic surgery on her nose in mid-December, she had a simple reason: it might be the last chance to do so covertly before people start taking off masks this year as vaccines are distributed.