Debt fuelling growth of Corporate Malaysia


CORPORATE Malaysia took on more debt in 2023 as market activities regained their footing post-pandemic and local interest rates stayed below the 2019 level.

In an analysis by StarBizWeek, the total net debt of listed companies crossed RM350bil, yet interestingly, government-linked companies (GLCs) managed to pare down their aggregate net debt levels compared to the year 2022.

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