News
Opening of Bank Accounts: Insights from the KPKT Meeting
Introduction: In a significant effort to address the obstacles faced by money lenders (MLs) in opening bank accounts, a meeting was held at the Ministry
KPKT Hari Raya Open House
On the 11th May 2023, KPKT Hari Raya Open House hosted by Minister of KPKT. It was a great opportunity for MPLMA to participate in
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
Dialogue with KPKT on changes to Money Lending Akta 1951
MPLMA had a dialogue on 18/4/23 with Kementerian Pembangunan Kerajaan Tempatan (KPKT) to discuss proposed changes to the Money Lending Act 1951 in Malaysia. The
Meeting with Bukit Aman Commercial Crime Division and KPKT on prevention of scams
MPLMA recently had a meeting with the Commercial Crime Investigation Department of Malaysia and KPKT to discuss ways to prevent scams such as illegal moneylending
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
