Malaysia’s household debt up to RM1.57t from end 2023 to June 2024 mostly due to housing loans; Finance Ministry says debt service ratio still OK
In a written parliamentary reply yesterday, the ministry said that 61 per cent accounted for housing loans, followed by vehicle loans , personal financing and other loans such as purchasing non-residential property, credit card debt, securities and others. The ministry said the federal government and Bank Negara Malaysia will continue to implement the 2012 Policy Document on Responsible Financing, ensuring that individuals borrow within their financial means.
Putrajaya also stated its commitment to ensuring that homes remain affordable and improving public transportation, highlighting that household debt primarily consists of home and vehicle financing.
Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:
Nederland Laatste Nieuws, Nederland Headlines
Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.
RM27.17bil linked to 1MDB recovered as of September, says Finance Ministry(Reuters) -Ingram Micro is targeting a valuation of up to $5.42 billion in its U.S. initial public offering, the technology products distributor said on Tuesday, underscoring a resurgence in private-equity backed stock market listings.
Bron: staronline - 🏆 4. / 75 Lees verder »
Finance Ministry: 7,400 companies adopt e-invoicing system, issuing 58 million invoices by mid-OctoberKUALA LUMPUR, Oct 23 — A total of 7,400 companies have adopted the e-invoice system, with 58 million e-invoices issued as of Oct 14, 2024, according to the Ministry of Finance...
Bron: malaymail - 🏆 1. / 86 Lees verder »
Finance Ministry urged to allocate vape tax revenue to health initiativesHana Fedora Abdul Aziz shares her passion for creating quality leather accessories. Her business revolves around sustainability – and a pride for being part of the local fashion scene in Malaysia.
Bron: staronline - 🏆 4. / 75 Lees verder »
872,000 EPF members make voluntary contributions as of Aug 2024, says Finance MinistryA study says it adds to 'risks of developing psychological and cardiovascular illnesses' among spouses, siblings, children and parents.
Bron: staronline - 🏆 4. / 75 Lees verder »