Tag: financial literacy
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World Bank Fraud Warnings: How to Spot Scams in Bangladesh
World Bank Fraud Warnings Bring Urgency to Bangladesh The World Bank has issued a public alert over a surge in fraudulent schemes that misuse its name and logo to offer loans in exchange for upfront fees. In Bangladesh, as in other countries, scammers prey on individuals seeking financial relief, often promising quick access to World…
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Samini Advises Young Artistes to Invest in Land for Financial Security
Samini’s Financial Wake-Up Call to Emerging Artistes Ghanaian music icon Samini has issued a pointed financial advisory to up‑and‑coming artistes, encouraging them to prioritize land investment over flashy luxury buys. Speaking on Daybreak Hitz on Hitz FM, Samini told Kwame Dadzie and Doreen Avio that building wealth should come from tangible assets with lasting value.…
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Samini Urges Young Artistes to Invest in Land Over Luxuries
Ghanaian Icon Samini Calls for Financial Prudence Among Rising Stars In a candid discussion on Daybreak Hitz on Hitz FM, Ghanaian music icon Samini shared practical financial wisdom with the next generation of musicians. Speaking with hosts Kwame Dadzie and Doreen Avio, Samini urged young artistes to change their spending habits and focus on assets…
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Singapore to Welcome Southeast Asia’s First Library of Mistakes in 2027
Singapore Reads the Past to Shape the Future In a bold move to deepen financial literacy and historical understanding, Singapore is set to unveil Southeast Asia’s first Library of Mistakes in 2027. This innovative learning space will curate a global archive of pivotal moments in financial history, highlighting the diverse lessons that come from triumphs,…
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Singapore to Welcome Southeast Asia’s First ‘Library of Mistakes’ in 2027
Overview: A Bold Educational Space in Singapore Singapore is preparing to unveil a pioneering cultural and educational space: Southeast Asia’s first Library of Mistakes. Set to open in 2027, the project aims to translate global financial history’s highs and lows into accessible insights for policymakers, students, investors, and the public. By curating case studies, interactive…
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Singapore to Launch Southeast Asia’s First Library of Mistakes in 2027
Singapore to Open Southeast Asia’s First Library of Mistakes Singapore is preparing to host a landmark institution that aims to illuminate the lessons of global finance through a fresh lens. In 2027, the city-state will welcome Southeast Asia’s first Library of Mistakes, a hybrid museum and learning center designed to explore the triumphs, missteps, and…
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BNM Mandates 15-Min Financial Education for Personal Loans Over RM100K
New Rule Sets Financial Literacy Benchmark for High-Value Personal Loans Starting January 1, 2027, borrowers in Malaysia seeking personal financing above RM100,000 must complete a 15-minute financial education module, a policy announced by Bank Negara Malaysia (BNM). The move aims to bolster financial literacy among consumers taking on larger debt and to ensure borrowers understand…
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BNM To Require 15-Minute Financial Education for Personal Loans Over RM100,000 from 2027
Overview of the new policy Bank Negara Malaysia (BNM) announced a revised policy that will require borrowers applying for personal financing exceeding RM100,000 to complete a 15-minute financial education module. The measure, set to take effect from January 1, 2027, aims to bolster financial literacy and ensure borrowers make well-informed decisions before taking on large…
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Double Whammy: SEC Warns Against Swindlers Preying on Scam Victims
SEC Alerts Public to Double-Whammy Recovery Scams The Securities and Exchange Commission (SEC) has issued a strong warning about a troubling pattern where self-styled “recovery” or “advance-fee recovery” outfits target individuals who have fallen victim to investment scams. These schemes mimic legitimate assistance but are designed to defraud victims a second time by demanding upfront…
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Double whammy: SEC warns against swindlers preying on scam victims
SEC Warns of a Double-Edged Scam Targeting Victims The Securities and Exchange Commission (SEC) has issued a warning about a troubling class of schemes that pretends to help scam victims recover their lost funds, only to defraud them a second time. Known colloquially as “recovery” or “advance-fee recovery” scams, these operations exploit the vulnerability of…