Article Related To household debt

The national household debt, which stood at RM1.63 trillion as at end-December 2024 -- equivalent to 84.2 per cent of gross domestic product (GDP)

A recent report by Khazanah Research Institute (KRI), ‘The Financialisation of Our Lives: Values and Trade-offs,’ helps to shed light on how financial systems, which were initially designed to fuel economic growth, are now fuelling household debt. With the proliferation of financial schemes like Buy Now Pay Later, how do modern financial practices affect our daily lives and long-term financial health? On this episode of #ConsiderThis Melisa Idris speaks to Dr Suraya Ismail, Director of Research at Khazanah Research Institute, and Shereen Hazirah Hishamudin Senior Research Associate at KRI.

The decision to grant lending licences to property developers can add to the risks associated with rising household debt, says Fitch Ratings.

The household debt in Malaysia is very high compared to other countries and is a cause of worry, said economist Dr Muhammad Abdul Khalid.

The tariff plans imposed by the United States (US) will be one of the topics discussed at the 31st ASEAN Economic Ministers' (AEM) Retreat tomorrow.

A congestion charge is expected to reduce traffic congestion in Kuala Lumpur by around 20 per cent, said Minister in the Prime Minister's Department (Federal Territories) Dr Zaliha Mustafa.

Brazilian President Luiz Inacio Lula da Silva said that Brazil's BRICS presidency will strengthen BRICS' push for a multipolar world and fairer global relations, reported Xinhua.

Digital investments in Malaysia hit a record RM163.6 billion in 2024, compared to RM46.8 billion in 2023, driven by a stable government and pro-business policies

The Ministry of Education (MOE) has assured that Dewan Bahasa dan Pustaka (DBP) will always be prepared to provide the necessary infrastructure for developing new terminologies in the Malay language.

Reuters, The Associated Press, and Bloomberg News issued a statement on Wednesday warning that limiting the number of wire services with access to the White House

Gene Hackman, the intense character actor who won two Oscars, has died alongside his wife, pianist Betsy Arakawa, and their dog at home

Leading companies in Malaysias gig economy have raised concerns over the draft of the country's upcoming Gig Workers Bill, urging for refinement of key provisions before tabling it at the Parliament

The national household debt, which stood at RM1.63 trillion as at end-December 2024 -- equivalent to 84.2 per cent of gross domestic product (GDP)

The government and Bank Negara Malaysia (BNM) will continue to strengthen and improve existing channels and mechanisms to facilitate trade and investment transactions in the local currency.