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Capitalise on second chance policy to forge brighter future, expert urges

KUALA LUMPUR: Malaysians who have been absolved from the bankruptcy list by the Malaysian Insolvency Department (MDI) through the Second Chance Policy should fully capitalise on the government's offer, says consumer financial expert Prof Dr Mohamad Fazli Sabri.

Kuala-lumpur , Malaysia , Malaysians , Malaysian , Mohamad-fazli-sabri , Mohamad-fazli , Anwar-ibrahim , Malaysian-insolvency-department , Second-chance-policy , Prof-dr-mohamad-fazli , Prime-minister-datuk-seri-anwar-ibrahim , Human-ecology-faculty

Expensive baju raya: Needs or wants?

Kuala Lumpur: With just days away to Hari Raya, Muslims around the country are preparing for the annual tradition of purchasing new baju raya to celebrate the end of Ramadan.

India , Malaysia , Russia , Bangladesh , Ukraine , Kuala-lumpur , China , Melayu , Malaysia-general- , Malaysians , Mohamad-fazli-sabri , Mohamed-faroz

BFocus - EXPENSIVE BAJU RAYA: NEEDS OR WANTS?

BFocus - EXPENSIVE BAJU RAYA: NEEDS OR WANTS?
bernama.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bernama.com Daily Mail and Mail on Sunday newspapers.

Ukraine , China , Bangladesh , Melayu , Malaysia-general- , Malaysia , Kuala-lumpur , Russia , India , Malaysians , Nur-fariha-rehmy-khairil , Nur-nawwarah-abdullah

Expensive baju raya: Needs or wants?

With just days away to Hari Raya, Muslims around the country are preparing for the annual tradition of purchasing new baju raya to ...

India , China , Bangladesh , Melayu , Malaysia-general- , Malaysia , Kuala-lumpur , Ukraine , Russia , Malaysians , Nurul-atilah , Hari-raya

Rising food costs: Equip and empower B40 group, say Malaysian experts

Urban farms, reskilling and upskilling, and community food banks are among the suggestions to help the urban poor deal with rising food prices.

Kuala-lumpur , Malaysia , United-kingdom , Britain , Malaysians , Mohamad-fazli , Madeline-berma , Mohamad-fazli-sabri , Academy-of-sciences-malaysia , Sciences-malaysia , Datuk-dr-madeline , Universiti-putra-malaysia

Experts: Provide incentives to help boost EPF savings

PETALING JAYA: Increase private sector workers’ salaries and provide incentives such as tax exemption to encourage Employees Provident Fund (EPF) members with low savings to work on rebuilding their retirement funds, experts say.

China , Malaysia , Petaling , Malaysia-general- , Chinese , Mohamad-fazli , Koong-lin-loong , Samsudin-osman , Mohamad-fazli-sabri , Provident-fund , Sinar , Employees-provident-fund

Raising bankruptcy threshold is 'data manipulation', many still in financial straits, say financial experts

PETALING JAYA: Raising the bankruptcy threshold is just manipulating existing data and will not change the fact that many Malaysians are becoming bankrupt, say financial experts.

China , Malaysia , Petaling , Malaysia-general- , Chinese , Malaysians , Mohamad-fazli , Koong-lin-loong , Ismail-sabri-yaakob , Mohamad-fazli-sabri , Insolvency-department , Chinese-chambers

18 people declared bankrupt on a daily basis

PETALING JAYA: A staggering 18 people were declared bankrupt every day in the first five months of 2022, the Insolvency Department has revealed.

China , Malaysia , Johor , Selangor , Petaling , Malaysia-general- , Chinese , Koong-lin-loong , Mohamad-fazli-sabri , Insolvency-department , Debt-management-agency , Insolvency-act

Insolvency Dept data shows 60pc bankrupts between age 25-44; personal loan is top reason

KUALA LUMPUR, June 23 — Nearly 60 per cent of the 46,132 Malaysians who declared bankruptcy from 2018 to May this year were aged between 25 and 44, according to the latest data...

Malaysia , Kuala-lumpur , Johor , Labuan , Selangor , Malaysians , Sazlin-zainal-abidin , Mohamad-fazli-sabri , Insolvency-department , Debt-management-programme , Debt-management-agency , Human-ecology-faculty