Tag: Malaysia faces recession in 2018

For quite some time, I have heard of Malaysia facing huge economic distress due to the nearly 90 percent household debt versus the Gross Domestic Product (GDP). Read here: Households Malaysia: Financial assets up RM97.9 bil vs RM70.4 bit debt Today, I read about a bold prediction in an article in freemalaysiatoday.com; Malaysia will be hit by a recession…