MOF moots lower electricity subsidies for high-income households in 2H2023, says new Treasury sec-gen
Johan said the government is also working on ways to reduce subsidies for diesel that has seen huge leakages.
Johan said the government is also working on ways to reduce subsidies for diesel that has seen huge leakages.
KUALA LUMPUR (June 19): Historically low interest rates are “fuelling” debt in Malaysian households, “which have funnelled loans mainly to the purchase of residential properties and passenger cars”, The Edge Malaysia reported this week.
KUALA LUMPUR (April 3): Although household debts expanded faster in the second half of 2019, the risk of Malaysian borrowers defaulting on their loan repayment remains low, according to Bank Negara Malaysia (BNM).
KUALA LUMPUR (Oct 17): Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail said ensuring an equitable distribution of wealth among the people is one of the core elements that the Pakatan Harapan government is working to achieve.
KUALA LUMPUR (March 27): Households that do not own a house and are still renting were estimated to number 1.