More Malaysians Expected To Face Bankruptcy | Ramblings of an e-trader

Wednesday 15 January 2014

More Malaysians Expected To Face Bankruptcy

It is going to be a tough year this year as more Malaysians are expected to be declared bankrupts following the recent price hikes in electricity tariffs, assessment rates, and other household goods. Removal of sugar and fuel subsidies is not helping things, either. 

While the government still wants us to know that everything is rosy, we KNOW better when we are the ones feeling the pinch. Well, I read that a special task force has been set up to help us cope with the rise of living costs, let's see how we can benefit from that. 

Meanwhile, I continue to look for more work, and tighten my belt even more. Are you taking any steps to challenge this new financial development?

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