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. image: https://content.thestar.com.my/smg/settag/name=lotame/tags=Demo_Age_45to54_enr,...

Spend wisely, shoppers told

KUALA LUMPUR: Shopping for Hari Raya has never seemed more exciting now that the 6% Goods and Services Tax (GST) has been zero-rated and consumers have higher purchasing power. Shoppers, however, are advised to keep their spending in check as unbridled extravagance will only lead to financial constraints later. “...

Millennials facing financial woes

RECENT headlines, international and local, recall a very dark past for Malaysia and other so-called Asian Tigers. Twenty years ago, Malaysia and other Asian nations were caught up in the turmoil of a currency crisis that swept across the continent, battering economies, pushing millions into poverty and forcing...

Use talent to earn extra income

THE bread-and-butter issue has been on the lips of many. It has been going on for quite some time. Some are stressed out over it. Others are totally overwhelmed. We are all in the new economic order of higher living costs. One question lingers. Can we all cope? Yes, we can as long as we can overcome the victim and...

Identifying financial alarm bells

I CAME across “The Avocado Toast Index: How many breakfasts to buy a house?” on BBC.com recently. The article takes a jibe at the lives of some millennials who would rather waste their money on an Instagram-mable breakfast than make sensible investments like buying a house. Though I am not a millennial nor do I...

Money Lost Under The Shadow

IN my previous article, I shared the impact of high credit card interest rate that many have overlooked and hence, overspent. Interestingly, there are loans outside the confines of financial institutions that affect the mass. These loans are largely unregulated and therefore, more painful in terms of financial burden...