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Teacher loses RM115,000 to Macau Scam syndicate

Teacher loses RM115,000 to Macau Scam syndicate 18 Feb 2021 / 19:12 H. Pix for illustration purposes. ALOR SETAR: A female teacher lost RM115,000 to a ‘Macau Scam’ syndicate, after being duped into believing she was allegedly involved in money laundering and drug trafficking activities. Kedah Contingent Police Headquarters Commercial Crime Investigation Department head, Supt Elias Omar said the 41-year-old victim, who lives in Kulim, initially received a phone call from an unknown individual on Feb 7. “She was contacted by a man who introduced himself as an Inland Revenue Board (IRB) officer regarding her company’s tax arrears. The call was then connected to another man who claimed to be a police inspector from the Pahang Police Contingent Headquarters.

2021 Indonesia Retail Banking Market Report- Growth Opportunities and Risks | Julo, Danabijak, Tunaikita – KSU

Tunaikita Indonesia’s total of outstanding loan balances (including residential mortgage balances outstanding, personal loan balances and credit card balances) recorded a compound annual growth rate (CAGR) of 8.3% during the review period (2014-2018), reaching IDR$2,750.5tn ($191.18bn). The majority of loan balances outstanding are from personal loans; personal loan balances outstanding accounted for 79.2% of total balances in 2018, followed by home loans (17.8%) and credit cards (3%). The mortgage loans market was the fastest-growing market during the review period. The Indonesian lending space is dominated by Bank Central Asia (BCA), Bank Mandiri, Bank Tabungan Negara and Bank Rakyat. In the coming years, GlobalData expects the consumer lending market to grow at a slower pace due to economic headwinds.

BNM allocates extra RM2b for Targeted Relief and Recovery Facility, sets up RM200m Disaster Relief Facility 2021

KUALA LUMPUR (Feb 5): Bank Negara Malaysia (BNM) announced today an additional allocation of RM2 billion for the Targeted Relief and Recovery Facility (TRRF) and the establishment of a RM200 million Disaster Relief Facility (DRF) 2021. BNM said in a statement it would increase the allocation for the TRRF by another RM2 billion, increasing the total allocation of the facility to RM4 billion. The facility will be available until Dec 31, 2021 or full utilisation, whichever is earlier, it said. The bank also noted that small and medium enterprises (SMEs) that are recipients of the Special Relief Facility and PENJANA SME Financing are now eligible to apply for the TRRF, subject to a total financing limit not exceeding RM500,000.

Cover Story: Strategic location, connectivity draw developers

Located 5km north of the heart of Kuala Lumpur, Sentul is a juxtaposition of pre-war buildings with their old-world charm and futuristic skyscrapers that punctuate the skyline. Steeped in history, the former railway hub went through a period of decline before YTL Land & Development took over the 294-acre Sentul Raya development from Taiping Consolidated Bhd and unveiled the Sentul Masterplan comprising Sentul East and Sentul West in 2002, which turned the place around. Fast forward to today, Sentul is especially well-known for the Kuala Lumpur Performing Arts Centre (klpac), which opened in 2005, and the Sentul Depot event space, which was officially opened by YTL Land in 2018. The area is also fast becoming a desired address to live in with iconic condominiums such as The Capers and The Fennel in Sentul East, and the upmarket  The Maple condominium, which is situated in a park.

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