Rising household debt a concern across Asia
GOVERNMENT officials, policymakers, economists, bankers and experts gathered here for the Second Annual Asean Consumer and Household Debt Conference on Feb 22 and 23.
GOVERNMENT officials, policymakers, economists, bankers and experts gathered here for the Second Annual Asean Consumer and Household Debt Conference on Feb 22 and 23.
Source: Bank Negara Malaysia KUALA LUMPUR (Sept 20): Bank Negara Malaysia (BNM) said today that the maximum housing loan tenure of 35 years is more than sufficient for borrowers to settle their housing loans by their retirement age.
THERE is a big elephant in the room and it is Malaysia’s household debt — among the highest in Asia.
KUALA LUMPUR (March 24): The level of household debt-to-gross domestic product (GDP) ratio continued to be elevated at 89.