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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

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

Ringgit closes marginally higher against US dollar
AirAsia X mulls flying to Eastern Europe, London and Orlando
MKHOP posts RM16mil net profit in 2Q24
Gobind: Appointment of new DNB board members marks major milestone in 5G network restructuring
Microsoft CEO Satya Nadella's visit to Malaysia scheduled on May 2
ViTrox optimistic on semiconductor sector growth
Pavilion REIT’s 1Q net profit rises to RM83.2mil
Martijn Rene van Keulen to helm Heineken Malaysia from July 1
OCK proposed RM500mil ICP programme
Profit-taking in the market, KLCI down 0.14%

Others Also Read