Elderly terrified by loan sharks

China Press, Sin Chew Daily and Kwong Wah Daily and Nanyang Daily headlined that the Dewan Rakyat Speaker has decided not to vacate the seats of six former Umno MPs.

Nanyang Daily front paged that Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim pointed out that the annual collection rate of the Sales and Services Tax (SST) is 51.6% lower than that of the Goods and Services Tax (GST).

A man who borrowed S$250 Singapore dollars from a loan shark in Singapore, tried to settle his debt the next day only to find he had to repay S$400 Singapore dollars, reported Guang Ming Daily.

The man decided not to repay the debt he owed in retaliation, the loan shark sent enforcers to his hometown in Bukit Mertajam, Penang, where they splashed red paint on his home, which terrified his three elderly aunts, who were in their 80s and 90s.

The loan sharks also threatened to set fire to his relatives’ houses if the debt remained unpaid.

Editorial

Whether Sijil Pelajaran Malaysia (SPM) graduates choose to pursue Sijil Tinggi Persekolahan Malaysia (STPM) or not is largely unrelated to living allowances, said Sin Chew Daily.

What students are concerned about is why the matriculation programme has a shorter study duration and simpler curriculum than STPM, and is easier to apply to popular university courses, said the daily.