Malaysia’s household debt up to RM1.57t from end 2023 to June 2024 mostly due to housing loans; Finance Ministry says debt service ratio still OK
KUALA LUMPUR, Oct 29 — The Finance Ministry said that household debt increased slightly to RM1.57 trillion in June this year, marking a slight uptick from the number at the end of 2023. In a written parliamentary reply yesterday, the ministry said that 61 per cent accounted for housing loans, followed by vehicle loans (13.5 […]