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.

Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) SMEs committee chairman Koong Lin Loong said this does not resolve the actual problem and could backfire on the nation's economy as a whole.