Federal government’s debt hits RM623.3 billion

  The debt of the Federal Government has reached RM623.3 billion as of 30 September 2015, representing 53.7 percent of Malaysia’s Gross Domestic Product (GDP), according to Deputy Finance Minister Datuk Johari Abdul Ghani as reported in Bernama. “Of this amount, 96.4 percent or RM601.1 billion is domestic debt, with the balance of RM22.2 billion … Read more

Look before you leap

Successful property investment can secure lifelong financial security, but the wrong decisions and inaction can impact on your portfolio’s performance. Mistake 1: Over capitalizing Renovations can boost a property’s weekly rent and improve its resale value. Director of Alliance Corp Jason Paetow always encourages his clients to purchase un-renovated properties. He believes once a property … Read more