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Bankruptcy and Malaysia's Debt Trap

Bankruptcy and Malaysia's Debt Trap

Morning Brief

August 8, 201910m 17s

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Show Notes

The Malaysian Department of Insolvency has revealed, some 95,000 Malaysians declared Bankruptcy between 2014 and 2018, after failing to honour borrowings with lenders. What are the main causes of this insolvency, and how do we mitigate this problem?

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Topics

Personal Financeloanscredit cardfinancial literacybankruptcyakpkdebt