Archive for Information
The Credit Counselling and Debt Management Agency, or commonly known as Agensi Kaunseling dan Pengurusan Kredit (AKPK), is an agency set up by Bank Negara Malaysia in April 2006 to help individuals take control of their financial situation and gain peace of mind that comes from the wise use of credit.
AKPK offers the following services to individuals, free of charge:
- Financial education on the responsible use of money and credit management skills
- Counselling and advice on financial management
- Debt management programme to assist consumers to regain financial control.
AKPK Success Stories
More detail information, please visit AKPK Website
CTOS Self Check:
The CTOS Self Check will show what is reported about you in your CTOS report.
Procedure for doing Self Check:
In order to obtain your CTOS Self Check Report, you have to register with us first.
You may register with us via the following ways:
- In person:
- This requires your physical present at our office.
- Please bring along your MyKad and our officer will assist you with the registration and printing of the Self Check Report.
Our Address: A-8-4 8th Floor, Megan Avenue 1, No 189 Jalan Tun Razak, 50400 Kuala Lumpur, Tel: 03 27228888
- Online Registration
- Go to the website – http://ctosid.ctos.com.my
- Click on Register CID and follow the instructions to register your CTOS ID accordingly.
- Send us all the relevant documents and photocopy of your MyKad (both sides).
- Upon receipt and verification of your documents, your CTOS ID will be activated.
- You may then request and print your Self Check Report via online.
- Download Self Check Form – Company
- Complete the form and affix Company stamp
- Provide I.C of Director doing the Self Check
- Provide certified copy of company Form 9 and Form 49
- Provide Company Authorisation Letter signed by Director to conduct company self-check.
Malaysia has made a great start in its move to transform itself into a high income economy by 2020, having exceeded the targets set out for last year.
“We have shown we can deliver big results fast. However, this is a marathon, not a sprint,” said Minister in the Prime Minister’s Department and Chief Executive Officer of the Performance Management and Delivery Unit (Pemandu), Senator Datuk Seri Idris Jala.
There are still nine more years to go and all from the public and private sector must remain fully focussed to realise the goal of transforming Malaysia, he said in a statement issued by Pemandu in conjunction with the release of the Economic Transformation Programme (ETP)’s Annual Report 2011.
All in all, the six reform measures and 12 National Key Economic Areas have got off to a great start, he said. The Economic Transformation Programme (ETP)’s 10-year targets have been clearly defined: RM1.4 trillion in investment to generate a Gross National Income (GNI) of RM1.7 trillion and the creation of 3.3 million incremental jobs, by 2020.
This will translate into a GNI per capita of US$15,000 and catapult Malaysia into high-income nation status, he added.
He said to ensure transparency and accuracy in the 2011 ETP Annual Report, PricewaterhouseCoopers, an independent audit firm, was engaged to conduct a series of Agreed-Upon Procedures.
In its first year of implementation, the momentum created by the ETP resulted in immediate knock-on effects on the economy with private investments surpassing its 2011 target by 13% to reach RM94 billion and Gross National Income (GNI) by 4% or RM830 billion.
The confidence created by the ETP also resulted in Malaysia’s 2011 foreign direct investment to increase by 12.3% to RM32.9 billion as compared to 2010, the highest in 10 years. Trade grew 8.7% to RM1.27 trillion last year alone.
“On Public Finance, we have collected RM25.3 billion in additional taxes through improved efficiency. Our deficit in 2011 was 5% of GDP, beating estimates of 5.4%. I am confident we will achieve our budget deficit goal of 4.7 per cent this year,” said Idris Jala.