KUALA LUMPUR (Nov 26): The government has instructed banks to automatically approve applications to freeze loan repayments by applicants in the bottom 40% income group (B40) as well as micro enterprises with debts of below RM150,000.
KUALA LUMPUR (Nov 6): The federal government is raising more debt to finance a wider fiscal deficit as it is in the driver seat to steer the economy out of recession.
KUALA LUMPUR (Nov 6): The overall household debt increased by 4% to RM1.
The Covid-19 pandemic has not only changed the way people live globally, but also the property landscape across countries.
KUALA LUMPUR (Oct 1): Top Builders Capital Bhd (formerly known as Ikhmas Jaya Group Bhd) has announced a cocktail of proposals, including debt-to-equity settlement and a rights issue, to lift itself out of the financial woes.
KUALA LUMPUR (Aug 2): Former finance minister Lim Guan Eng said today that forgoing the Malaysian government's initial US$7.
KUALA LUMPUR (July 29): The loan repayment flexibility will be opened for application from Aug 7, 2020, Bank Negara Malaysia (BNM) (pictured) announced today.
KUALA LUMPUR (April 3): Bank Negara Malaysia (BNM) said today household debt, as measured by the household debt-to-gross domestic product (GDP) ratio, expanded at a faster pace in the second half of 2019, primarily driven by loans for the purchase of residential properties.
KUALA LUMPUR (March 6): Tanco Holdings Bhd is settling RM17.