News
Experience breakfast bliss at Ah Sheng Pork Noodles in Kajang with tender offal and soul-soothing broth
2+ hour, 43+ min ago (689+ words) KAJANG, June 12 " What does breakfast bliss mean to you? For some it's simply getting out of bed after midday and grabbing whatever is in the fridge. (The option to sleep in, on the weekend or a public holiday, is enough…...
At Kuskop, Sim rolls out interest-free loan freeze and expanded MSME financing
5+ mon, 3+ week ago (286+ words) PUTRAJAYA, Dec 18 " Entrepreneur Development and Cooperatives Minister Steven Sim Chee Keong today announced a six-month, interest-free loan moratorium for flood-affected businesses and a significant RM600 million boost in financing for micro, small, and medium enterprises (MSMEs). Speaking after meeting the ministry's…...
Malaysia moves to rein in BNPL: New consumer credit law expected to kick in Q1 2026
6+ mon, 3+ week ago (422+ words) KUALA LUMPUR, Nov 21 " The Consumer Credit Bill 2025, which provides broader consumer protection by regulating excessive fees and through the practice of ethical debt collection, is expected to take effect in the first quarter of 2026, the Consumer Credit Oversight Board (CCOB)…...
How risky is the growth in US private credit?
7+ mon, 2+ week ago (639+ words) NEW YORK, Oct 26 " The recent bankruptcies of US companies First Brands and Tricolor have focused attention on risks associated with the growth in the private credit market, or lending outside traditional banks. Bank of England Governor Andrew Bailey told a…...
How the Consumer Credit Commission will protect Malaysians from unfair lending practices
9+ mon, 3+ week ago (482+ words) KUALA LUMPUR, Aug 22 " The Consumer Credit Bill 2025, a landmark piece of legislation aimed at regulating Malaysia's rapidly growing credit services industry, gained passage in the Dewan Rakyat in July and is anticipated to be gazetted before the year's end. The…...
FBI busts US man who spent RM591, 000 in company funds on Pok'mon and video games
9+ mon, 3+ week ago (192+ words) DES MOINE, Aug 19 " An Iowa trucking company employee has learned that "gotta catch "em all" doesn't apply to corporate credit cards. Mitch William Gross, 34, of Earling, Iowa, US, was sentenced to four months in federal prison for using his employer's…...
Unilink Credit Supports Communities to Redefine Industry Perceptions
9+ mon, 3+ week ago (45+ words) SINGAPORE - Media Out Reach Newswire - 19 August 2025 - Licensed moneylenders in Singapore often contend with an enduring set of negative stereotypes: predatory practices, .. . Unilink Credit Supports Communities to Redefine Industry Perceptions The issuer is solely responsible for the content of this announcement....
Shop Smarter in Macau: Shop Back Debuts with Exclusive Cashback Rewards Across Leading Merchants
10+ mon, 1+ week ago (125+ words) HONG KONG SAR - Media Out Reach Newswire - 1 August 2025 - Shop Back, Asia's foremost cashback platform, proudly announces its official entry into the Macau market, introducing a. .. Shop Smarter in Macau: Shop Back Debuts with Exclusive Cashback Rewards Across Leading Merchants The issuer…...
Finance Ministry: BNPL transactions hit RM9. 3b in first half of 2025 as low-income Malaysians face rising debt risks
10+ mon, 3+ week ago (376+ words) KUALA LUMPUR, July 21 " The volume of "buy now, pay later" (BNPL) transactions has increased from 83. 8 million in the second half (2 H) of 2024 to 102. 6 million in the first half (1 H) of this year. Deputy Finance Minister Lim Hui Ying said the surge in…...
ROSHI Releases Report On Credit Card Debt across Southeast Asia
11+ mon, 2+ week ago (111+ words) SINGAPORE - Media Out Reach Newswire - 26 June 2025 - Singapore based fintech ROSHI has released a new report analysing credit card debt levels across Southeast Asia, providing. .. ROSHI Releases Report On Credit Card Debt across Southeast Asia The issuer is solely responsible for…...