KUALA LUMPUR (Sept 26): Ikhmas Jaya Group Bhd and its wholly-owned unit Ikhmas Jaya Sdn Bhd (IJSB) have been served with a winding-up petition from Ipmuda Bhd for owing RM2.
KUALA LUMPUR (Sept 18): Country Heights Holdings Bhd group chief executive officer (CEO) Datuk Low Kok Thai has resigned, just six months after being appointed to the post.
KUALA LUMPUR (Aug 23): The additional debt of RM58.
KUALA LUMPUR (Aug 3): The stock of household debt as a share of gross domestic product (GDP) in Malaysia has declined over the years, thanks in part to a weaker housing market, and more deleveraging is likely to continue.
KUALA LUMPUR (June 3): Notwithstanding a rise in direct government debt, Malaysia’s overall debt and liabilities in 2018 dropped 3.
KUALA LUMPUR (June 1): The Debt Management Committee chaired by the Ministry of Finance has convened its first meeting yesterday to tackle the government’s massive debt and liabilities of RM1.
KUALA LUMPUR (May 16): A Debt Management Office (DMO) has been set up to review and manage the government’s debt and liabilities, which will be chaired by Finance Minister Lim Guan Eng.
PETALING JAYA (March 27): Malaysia’s total household debt to gross domestic product (GDP) ratio has eased further for the fourth consecutive year to 83% at end-2018 compared with 83.
KUALA LUMPUR (March 12): Malaysia’s financial sector appears resilient with sound profitability and liquidity indicators, as well as low non-performing loans, said the International Monetary Fund (IMF).
KUALA LUMPUR (Sept 26): It looks like the local property market is still not out of the woods, just yet.