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Help Is For Everyone. Here’s How You Can Get Repayment Assistance

Additional repayment assistance as announced during Budget 2021 for B40 (BSH/BPR recipients) and microenterprises (with loan amounts up to RM150,000)- Defer monthly instalments for three months OR- Reduce monthly instalments by 50% for six monthsRepayment assistance for individuals since 1 October 2020- If you have lost your job in 2020 and have yet to find a job, you can apply for an extension of the loan moratorium for a further […]

today18 November 2020

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19 Highlights From Tengku Zafrul’s Announcement And How It Affects You

BSH is a financial aid scheme that was introduced by the Pakatan Harapan government in 2019.Tengku Zafrul said that the government has decided to replace it with Bantuan Prihatin Rakyat (BPR).RM6.5 billion ringgit will be allocated for the new BPR incentive and it is estimated to benefit 8.1 million people.In general, people will see an increase in the amount of financial assistance under the new programme.Under BPR, these initiatives will […]

today6 November 2020

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Unemployment Rate To Balloon To 13% With 2.4 Million Jobless Msians Due To MCO

Prior to the pandemic, EPF noted that 19% of Malaysian children were living in relative poverty.In other words, 1.7 million children were living in a family whose parents or guardians made less than about RM2,900 — 50% of the median household income of the country, which is RM5,860.40% of children below the age of five experienced stunted growth due to poor nutrition, while 14,000 teens dropped out of secondary school.Based […]

today17 October 2020

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BPN 2.0 Is Open For Registration. But Don’t Freak Out If Your Payout Is Less This Time

On 23 September, Prime Minister Tan Sri Muhyiddin Yassin announced BPN 2.0, saying Putrajaya had allocated RM7 billion to give the cash aid to 10.6 million Malaysians.The allocation for the first BPN cash aid was RM10 billion. Therefore, it is obvious that there will be a drop on the total payout for each eligible recipient across the board.Here is the breakdown of the BPN 1.0 based on different categories: - B40 […]

today15 October 2020

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Student Sparks Heated Debate Over Their Monthly RM3,000 Pocket Money On Confessions Page

"Ok, so RM200 for clothing per month is a lot? I didn't know that you go basic like UNIQLO one shirt already RM79.90 (sic), so one month buy around two to three new clothes shouldn't be too much right?" the student said."And then, special meals one month RM200 is ok right? For examples, friend's birthday, gathering, [and] dates. All these you don't expect me to eat mamak, right?"They... Click here […]

today14 September 2020

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Finance Minister Tengku Zafrul Says Malaysian Economy Will Improve In 2021

On 4 July, Tengku Zafrul was featured on the TV3 programme 'Money Matters'.He said, "The World Bank, International Monetary Fund (IMF), rating agencies, and analysis are projecting that Malaysia will pot a strong growth next year."He also mentioned that the national budget will be tabled in Parliament on 6 November."The main focus will be to drive new sources of growth and... Click here to read the full article. Source:

today6 July 2020

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