Over half a million PTPTN borrowers yet to repay loans thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
KUALA LUMPUR, Nov 24 A total of 539,284 National Higher Education Fund Corporation (PTPTN) borrowers have never paid back their loans as at September 30, according to the Ministry of Higher Education (MoHE). It said in a reply posted on the Parliament website today that they were among.
Meeting of minds: Police personnel checking the entry point at the Parliament Building in Kuala Lumpur for the special sitting. Bernama
COVID-19 vaccination, economic measures and assistance for the rakyat took centre stage on the first day of the Dewan Rakyat special sitting.
Datuk Salim Sharif (BN-Jempol) said that 49% of the micro SME sector, or up to 580,000, were at risk of closing down by October should lockdowns continue.
“This will cause as many as seven million Malaysians to be at risk of being unemployed.
“This will have direct impact on 14 million people and as a result, micro SMEs might not be able to rise again when the economy reopens,” he said.