Punjabi licensed lenders new team seeks to grow membership
The new leadership at Malaysia Punjabi Licensed Money Lenders Association (MPLMA) intends to further strengthen relationships with the governing bodies as well as playing a role of being an effective body for the industry players MPLMA elected a new team at its AGM on Oct 15, 2022. The new bench will be led by Mahindar […]
Costs To Consider When Sending Your Kids To University
A university education can help your children develop the necessary skills to be successful in their chosen career path. Unfortunately, a university education is rather expensive, and as parents, you will likely be the one to foot the bill. While you may be aware that it is going to be costly, what you might not […]
Giving back to the community
MD Capital strongly believes in giving back to the community by contributing to the various local social and welfare programs. We support societies such as Persatuan Kebajikan Sukarelawan Sentul, which provides free cooked food daily to the jobless and homeless around KL and Selangor. Another society is Infinite Minds Academy, a Digital Tech Academy for […]
Licensed Community Lenders Offer Lifeline To the Financially Vulnerable
KUALA LUMPUR, Malaysia–Licensed community lenders (previously known as moneylenders) are increasingly offering a lifeline for many small entrepreneurs and society. Experienced licensed community lender Mahinder Singh Gill said they played an integral role in spurring the economy by serving those unable to secure micro-credit loans or financial aid from commercial banks and other established sources […]
Beware of Fake Money Lending Licence Purportedly issued by Bank Negara Malaysia
Bank Negara Malaysia (Bank) has cautioned members of the public on the recent modus operandi by persons or companies conducting illegal money lending activities using fake money lending licences purportedly issued by the Bank. These fraudsters aim to deceive the public to believe that they are licensed money lenders and to lure the public to […]
Licensed money lenders now known as credit community
The Ministry of Housing and Local Government (KPKT) yesterday rebranded registered licensed moneylenders under the ministry as the ‘Credit Community’. Housing and Local Government Minister Zuraida Kamaruddin, who launched the new name and logo here said the branding would raise public awareness on legitimate sources of financing. “KPKT is concerned with the needs of the […]