KUALA LUMPUR (Sept 10): A total of 945 people, aged between 18 and 35 years, were declared bankrupt between January and July this year, said Deputy Minister in the Prime Minister’s Department, Datuk Shabudin Yahaya.
He said that according to the Malaysian Insolvency Department (Mdl), more than 100 bankruptcy cases were recorded involving those aged 31 to 35.
To help reduce cases of bankruptcy, Mdl has implemented various programmes such as community programmes and Mdl Prihatin (Mdl cares) to create public awareness of the bankruptcy issue.
“It is to convey information, provide education and create awareness, especially to youths so that the issue can be addressed at an early stage. The talks and briefings also involve public…
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