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More than 31,000 Malaysians under 35 are bankrupt: Minister

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A total of 31,140 individuals aged 35 and below have been officially registered as bankrupts between 2014 and May 2023, as per the Malaysian Insolvency Department (MDI) records, according to Deputy Minister in the Prime Minister’s Department (Legal and Institutional Reform) Ramkarpal Singh. Taking note of this concerning situation, he said the government has taken…

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Malaysia , Malaysian , Ramkarpal Singh , Bank Negara Malaysia , Malaysian Insolvency Department , Department Legal , Deputy Minister , Prime Minister , Institutional Reform , Insolvency Act , Senator Mohd Hasbie Muda , Dewan Rakyat , Dewan Negara , Fair Treatment ,

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