Repayment Scheme Dilemma

00:05 - Axiata Group CEO Tan Sri Jamaludin Ibrahim said that Axiata has reiterated that there will be no job cuts as a result of their megamerger with Telenor. Axiata has offered the voluntary separation scheme in the past.

03:04 - PTPTN is considering a proposal to bring back travel bans for loan defaulters as the travel ban has been PTPTN’s most successful method to recover loans. Current outstandings amount to RM6.4 billion, which is owed by 1 million defaulters. The proposal is still subject to the government’s approval.