GST makes consumers cut spending
seodon90 After the implementation of GST on 1 April 2015, private consumption growth moderated from an average of 7.4% (1Q 2011 – 1Q 2015 avg) to 5.5% (2Q 2015 – 3Q…
Is the car loan rejection rate really as high as 60%?
Malaysia Automotive Institute (MAI) CEO Datuk Madani Sahari Claim: The Malaysia Automotive Institute (MAI) CEO Datuk Madani Sahari said while the number of car booking remains high, the loan rejection…
BNM’s Responsible Lending Guideline makes it difficult to get loans
Is it true that BNM’s Responsible Lending Guideline makes it difficult to get loansFW Claim: Implementation of Responsible Financing Guidelines contributed to reduced access to financing. Claim: Implementation of Responsible…
Highest number of loans rejected were for houses costing RM500,000 and below?
The level of housing loan approval rates for houses costing below RM500K have remained stable over the past few years at above 70%. Claim: According to Real Estate and Housing…
Should loans have longer tenure just to reduce monthly repayment?
Claim: Loan tenure should be increased so that it becomes more affordable, and access to financing is improved. Claim: Loan tenure should be increased so that it becomes more affordable,…
Almost 35,000 Malaysians lost their jobs in 2017, says Ministry
While retrenchments of 35,000 persons in 2017 is still above the long-run average* of 30,000 persons, labour market conditions in 2017 has improved with an employment growth of 2.1%, three…
Has 6 years of inflation eaten away our purchasing power?
Has inflation eaten away our purchasing power?FW Claim 1: There has been a price increase of 18% to 95% for products consumed daily compared to six years ago. Claim 1:…
Proposed minimum wage increase long overdue
The monthly income of RM2,700 for a single adult in Kuala Lumpur published in the Bank Negara Malaysia 2017 Annual Report does not refer to the median income. Claim: According…
Overbuilding of affordable homes ‘quite severe’
According to the 4th quarter 2017 data by National Property Information Centre (NAPIC), only 39% of new housing launches were priced up to RM300,000 over the years 2016-2017. This is…
Bank Negara said to have overpaid for land bought from MoF
According to the The Star article dated 30 May 2018 entitled “Bank Negara said to have overpaid for land bought from MoF”, Bank Negara is believed to have overpaid for…