Malaysia’s Youth Debt Crisis Isn’t Waiting, So Why Is the Law?
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Malaysia’s Youth Debt Crisis Isn’t Waiting, So Why Is the Law?
“If they become bankrupt by age 40, they’re going to end up on the social welfare beneficiary list for the rest of their lives.” You know a topic’s serious when a minister starts sounding the alarm in a room full of central bankers. At the recent Sasana Kijang Symposium 2025 hosted by Bank Negara Malaysia, Youth and Sports Minister Hannah Yeoh called out a growing crisis. According to her, 877 Malaysians aged 18 to 40 faced bankruptcy in 2024, a…
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