Malaysia’s private sector debt soaring


  • Business
  • Saturday, 06 Jul 2019

**** Photo only***** Khazanah Nasional Berhad office which located in U.A.B building at Gat Lebuh China in George Town, Penang yesterday. - Starpic by MUSTAFA AHMAD / The Star / 26 July 2018.

PRIVATE sector debt in Malaysia is on the rise as business expansion continues to be fuelled by debt accumulation over the years.

By end-2018, total credit to the Malaysian private non-financial sector had touched RM1.94 trillion. This is a sharp increase from just RM906bil in 2009, according to the Bank for International Settlements’ data.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Decarbonising cement: Are we ready?
After a homeowner passes
A stinky nuisance: When septic tanks burst
Ringgit to trade in tight range of 4.46-4.48 versus US dollar next week
Building a firm facade
Portfolio positioning under Trump era
EQ expands to Thailand
RHB, CGC in LCTF portfolio guarantee deal
Market struggles to find direction
Sapura Energy ‘in a good place now’

Others Also Read