Malaysians have the most debt in Asia

Manulife Holdings Bhd group chief executive Mark O

KUALA LUMPUR: Malaysian investors rank the highest in Asia in terms of indebtedness, with more than two-third of investors with debt, according to the latest Manulife Investor Sentiment Index (MISI).

Although Malaysian investors rank saving for retirement a top financial priority, the research showed a lack of financial planning. This may jeopardise long-term financial security, particularly when compounded by high debt levels.