Thursday, 16 March 2017 SINGAPORE: A Thai national who splashed red paint on a pre-school where a debtor’s children had attended was sentenced to 15 months’ jail and 3 strokes of the cane. Samroeng Sompop, 33, left the same evening by taxi after completing the loan shark harassment job at …
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Saturday, 22 July 2017 KUALA LUMPUR: High debt service ratio (DSR), adverse credit history, insufficient income, repayment capacity and weak documentation or banking records are the main factors why applications are unable to obtain housing loans. The Association of Banks Malaysia (ABM) said the rejection of housing loan applications cut …
Read More »Thursday, 22 June 2017 PETALING JAYA: Malaysian banks’ credit profile remains stable but a number of challenges weigh on them, including high corporate and household debt as well as slower economic growth in recent years. Standard & Poor’s Global Ratings analyst Rujun Duan said in a report that a combination …
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