A stressed woman is worried about her finances. — YAP CHEE HONG/The Star
PETALING JAYA: The number of Malaysians declared bankrupt last year fell 15.5% to 4,810 compared with 5,695 in 2022.
Figures from the Malaysian Department of Insolvency (MDI) also show a steady drop in bankruptcies annually since 2019.
Subscribe to The Star Yearly Premium Plan for 30% off
Cancel anytime. Ad-free. Full access to Web and App.
Monthly Plan
RM 13.90/month
RM 9.73/month
Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.
Annual Plan
RM 12.39/month
RM 8.63/month
Billed as RM 103.60 for the 1st year, RM 148 thereafter.