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PETALING JAYA: While household debt to gross domestic product in Malaysia has fallen slightly to 83% in 2018, Bank Negara warns that there is a growing number of defaults in personal financing.
KUALA LUMPUR: Bioalpha Holdings Bhd unveiled its three-pronged strategy to boost its exports of health supplements, venture in personal care segment and also open more retail pharmacy outlets.
Personal Service Company (PSC) represents a business model which can result in operating efficiency as well as provide a structure that can assist in minimising the taxpayer's tax liability.
KUALA LUMPUR: RHB Bank Bhd is aiming to disburse up to RM2bil in personal financing to eligible borrowers this year.
HOW does one measure personal financial success?
Tan Sri Lee Kim Yew, the founder of Country Heights Growers Scheme (CHGS), had during Friday’s morning meeting with the shareholders gave his personal commitment of RM25mil as a ”goodwill package”.
THE next time someone calls you and tries to sell you a product, offer free medical test or a cheaper loan facility, just ask one pertinent question: Where did he or she get your personal details?
Why it's not always cost efficient to use personal loan to clear credit card debt
PETALING JAYA: Financial institutions believe that personal financing, although on the rise, is not a cause for concern as it still constitutes a lesser segment of the total household debt.
PETALING JAYA: The notion that personal loans are getting riskier with longer tenures amid the current economic climate does not hold water, as much depends on the size of the loan as well as the credit assessment and underwriting of individual banks, analysts said.