Alarming household debt figure???
Alarming household debt figure??? Malaysia household debt over GDP is 83%??? Higher than other neighbor country?? Yes, we are the champion..! How this happen? Let read below article... A good governance gomen politicily.... ------------------ From: The Star... Published: Monday July 22, 2013 MYT 12:00:00 AM Updated: Monday July 22, 2013 MYT 7:57:00 AM Spectre of rising household debt By DALJIT DHESI daljit@thestar.com.my Housing loans form the bulk of Malaysia’s household debt at 44.5%, while 16.8% are personal loans, according to a recent Bank Negara report. PETALING JAYA: Although the latest measures introduced by Bank Negara to rein in household debt would ensure a sound and sustainable household sector, more is needed to prevent debt from reaching alar...