Title: When National Debt Hits 65%: How to Stay Financially Safe?
Main Issues:• Malaysia’s debt could exceed 65% of GDP by 2026, with debt servicing costs rising from RM40.5B (2022) to RM58.3B.• Hidden liabilities like government guarantees push total exposure to around 82% of GDP.• Rising debt means less funding for development and social programs, risking slower economic growth. Why It Matters:Debt is not just numbers—it […]
SJKP Offers Over-100% Home Financing Guarantee for First-Time Buyers
KUALA LUMPUR — Syarikat Jaminan Kredit Perumahan Bhd (SJKP) now guarantees home loans that cover more than 100% of the property price for eligible first-time homebuyers — including costs beyond just the purchase price — easing barriers for those lacking formal income documentation. Why This Matters Many individuals — such as ride-hailing drivers, hawkers, online […]