Bank Negara keeps Overnight Policy Rate at 2.75% for fourth straight meeting Ringgit Naik ke 3.8790 Berbanding Dolar ASRinggit Naik ke 3.8790 Berbanding Dolar AS Ringgit Slips Against US Dollar Amid Fed Rate Hike Signals Bank Negara sees Malaysia’s 2026 growth on solid footing despite global risks bekas Profesor, immigration officer, Ringgit Opens Higher at RM4.1540 Amid Weaker Dollar The constant underpay, and lower valuation of the Ringgit in comparison to the Euro and US Dollar has made those who earn below RM3,000 feel their salaries are not enough. It is important to note that RM1,700 is equivalent to USD$400. investment scam, Ringgit Strengthens as Softer US Inflation Lifts Rate Cut Hopes 2020. RM150 Loan Spirals into Arson and RM70,000 Debt bankruptcies, tourist slush funds, housewife terengganu pas, emergency funds, starting pay, performing currency, extortion case, billions of ringgit, Cost of living, ringgit, joke, success, muhyiddin solution, thief, Gender pay gap, MOM seller, PayNet, ringgit, Singapore Scam Victims, economic growth, money changers, monthly income zakat ah long Malaysia inflation minimum wage report strengthen RM50 Note Details Unveiled: Faces and Crowds Hidden in Plain Sight ringgit minimum wage
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Loansharks in Malaysia Stage ‘Funerals’ for Debtors

1 min read

KUALA LUMPUR, July 2, 2025 – Loansharks, known as “ah longs,” in Malaysia have new intimidation tactics by staging fake funerals for debtors, revealed Datuk Seri Michael Chong of the Malaysian Chinese Association. One victim, Mr. Tan, saw his portrait in a mock wake setting on social media, causing embarrassment and confusion. Tan borrowed RM10,000 for his business, repaying RM6,000. Another debtor, Mr. Chan, faces demands from a suspected rogue runner, Mr. Kai Qiang, despite paying RM1,000 on a RM700 loan. Chong condemned these psychological tactics at a Wisma MCA press conference on July 1.

Loansharks

LM News

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