RM71 billion in PTPTN loans so far, RM32 billion not repaid Posted on 12/11/2024 By udot There is no quota set on PTPTN loans, which are available to all eligible Malaysian university students, said higher education minister Zambry Abdul Kadir. (Bernama pic) PETALING JAYA: The National Higher Education Fund Corporation (PTPTN) has approved 3,951,404 loans with a total of RM71 billion disbursed up to the end of last year, the Dewan Rakyat was told. More than 2.7 million loans had not been repaid, this amounted to a total of RM32 billion outstanding, higher education minister Zambry Abdul Kadir said in a written reply to Pang Hok Liong (PH-Labis). Pang had asked about PTPTN’s total outstanding debt as of 2023 and the total number of borrowers from the Malay, Chinese, and Indian communities. Zambry said 2.8 million loans (72%) went to Bumiputera students while 1.1 million loans (28%) were made to non-Bumiputera students. Zambry added that there are no quotas or allocations set for the PTPTN loans, which are available to all Malaysian citizens offered places at public universities, private universities, and polytechnics. News
Mother and son die in motorcycle-car collision in Tampin Posted on 10/11/2024 Tampin police chief Amiruddien Sariman said the car was reported to have veered into the opposite lane and hit the motorcycle. (PDRM pic) PETALING JAYA: A motorcyclist and his pillion rider were killed in a collision with a car at Km12 Jalan Tampin-Gemas near Tampin, Negeri Sembilan, today. The motorcyclist,… Read More
Teen owes ‘ah long’ RM13,000 after trying to fulfil girlfriend’s craving for ‘siakap tiga rasa’ Posted on 18/11/2024 KUALA LUMPUR, Nov 18 — A 15-year-old teenager is reportedly RM13,000 in debt to loan sharks or “ah long”, among the many victims that are being assisted by an Islamic group called Darul Muttaqin (DM). The reason behind him turning to loan sharks? To satisfy his girlfriend’s craving for “siakap… Read More
After Daim’s death, prosecutors drop asset declaration charge Posted on 20/11/2024 KUALA LUMPUR, Nov 20 — The prosecution today withdrew the charge against the late Tun Daim Zainuddin for failure to comply with a notice to declare his assets, citing his death. According to Free Malaysia Today, deputy public prosecutor Wan Shaharuddin Wan Ladin told the Sessions Court that the charge… Read More