CLICK TO ENLARGEPETALING JAYA: Household debt is a growing concern and could pose a problem for consumption growth if wages do not increase fast enough. Most Malaysian households had been bogged down by high debt even before the Covid-19 outbreak in early 2020 globally and the slowing economic growth from the Covid-19 pandemic were among the key reasons that have contributed to high household debt, according to economists. Socio-Economic Research Centre( SERC) executive director Lee Heng Guie sa
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2022-04-20 00:00:00.0
