Mixed reaction to Malaysia’s debt levels

Mixed reaction to Malaysia’s debt levels

Pressure is mounting on Malaysia’s central bank to tighten loan restrictions after its annual report showed household debt levels inching towards 87% of GDP at the end of 2013. With the highest household debt levels in Asia, demand for credit is driven primarily by the desire to buy properties and vehicles.
Keen to allay growing concerns, the central bank recently highlighted Malaysia’s strong fundamentals, while also pointing to ... Read more.

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