KINIBIZ While living in somewhat close quarters with humans (not that Tiger has a choice since most of his territory has been turned into a concrete jungle), Tiger has noticed a propensity for them to be pointing out the obvious and treating it as if it were the very plague (like rabies).

Here is a fine example. When Bank Negara Malaysia came out with the grand idea (and indeed it is grand and practical) of reducing the length of personal loans from 25 years to 10 years, and requiring the non-bank financial institutions (NBFIs) to include housing and car loans in their 60 percent salary calculation for loans, Koperasi Jess Johor fussed that this would reduce the number of people who took loans.

You don’t say.

Was there an expectation that these regulations would magically increase the take-home salary of all those who take loans from co-operatives? That it would encourage more people to take loans instead of ruminating on their personal debt and considering that maybe they shouldn’t dig the hole they were in any deeper?

Go to KiniBiz for more .

This article was written by Samantha Joseph.