Economic Report 2021/2022: Household debt swells to RM1.34 trillion, 89.6% of GDP
KUALA LUMPUR (Oct 29): Malaysia's household debt climbed further to RM1.
KUALA LUMPUR (Oct 29): Malaysia's household debt climbed further to RM1.
KUALA LUMPUR (Oct 29): Covid-19 has had a scarring impact on incomes, giving rise to the emergence of new vulnerable groups while compounding existing issues of under-underemployment and youth unemployment in the nation, the Ministry of Finance (MoF) said.
KUALA LUMPUR (Oct 29): A total of RM18.
In another few hours, the long awaited Budget 2022 will be announced by the Finance Minister Datuk Seri Tengku Zafrul Aziz.
KUALA LUMPUR (Oct 29): Going by hints dropped by Prime Minister Datuk Seri Ismail Sabri Yaakob, Budget 2022 to be tabled at 4pm on Friday will not only be expansionary and sizeable, but also one that puts the need to quickly return lives and livelihoods back to pre-Covid-19 levels first before executing plans to pare down government debt and beef up tax collection.
KUALA LUMPUR (Oct 11): Ahead of the Budget 2022 announcement later this month, Solarvest Holdings Bhd opined that there will be no more incentives being planned by the government for the current solar industry, according to group chief executive officer (CEO) Davis Chong Chun Shiong.
KUALA LUMPUR (Oct 7): Socio-Economic Research Centre (SERC) is calling for a pro-growth and transformational Budget 2022 by moving from a broad-based to targeted approach of fiscal expansionary spending, according to its executive director, Lee Heng Guie (pictured).
PETALING JAYA (October 4): LBS Bina Group Bhd suggested the government to continue the Home Ownership Campaign (HOC) permanently to stimulate the housing economy.
KUALA LUMPUR (Sept 21): Master Builders Association Malaysia (MBAM) urged the government to kick-start mega infrastructure construction projects soon to boost the economy.
KUALA LUMPUR (Sept 6): Development Financial Institutions (DFIs) have a strategic role in the country's efforts to restore and retain the capacity of businesses to provide various employment opportunities and support Malaysians' livelihoods, according to the Ministry of Finance (MOF).