Slim chance of bankruptcies rising

Sunway University professor of economics Yeah Kim Leng

PETALING JAYA: Corporate Malaysia is not expected to see a surge in bankruptcy risks amid persistently high interest rates globally, owing to the magnitude of its interest rate hikes and well-capitalised and regulated banking system.

According to experts, such a risk is remote as the country is in a better position to handle some of the economic challenges compared to its regional peers.