Malaysia's household debt-to-GDP ratio at new peak of 93.3% as at December 2020, says BNM
KUALA LUMPUR (March 31): Bank Negara Malaysia (BNM) said today Malaysia's household debt-to-gross domestic product (GDP) ratio had risen to a new peak of 93.
1MDB says it still has RM32.3b outstanding debt
KUALA LUMPUR (March 26): 1Malaysia Development Bhd (1MDB) still has an RM32.
Automatic approval for extended moratorium on loan repayment for B40 and micro enterprises
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.
Federal govt debt to increase to 61% of GDP in 2021
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.
Household debt rises by 4% to RM1.27 trillion, making up 87.5% of GDP
KUALA LUMPUR (Nov 6): The overall household debt increased by 4% to RM1.
Five emerging trends in property landscape amidst a pandemic
The Covid-19 pandemic has not only changed the way people live globally, but also the property landscape across countries.
Top Builders to resolve financial problems by issuing shares, including a cash call
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.
Guan Eng: Malaysia's settlement with Goldman Sachs ignores 1MDB's RM50b debt
KUALA LUMPUR (Aug 2): Former finance minister Lim Guan Eng said today that forgoing the Malaysian government's initial US$7.
Loan repayment flexibility application starts next Friday
KUALA LUMPUR (July 29): The loan repayment flexibility will be opened for application from Aug 7, 2020, Bank Negara Malaysia (BNM) (pictured) announced today.
Why PappaRich operator is in hot water
KUALA LUMPUR (July 10): Alleged unpaid debts of RM37.
