BFM 89.9
The Business Station
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Guest: Dato' Paul Selvaraj, CEO, Federation of Malaysian Consumers Associations (FOMCA)
The Malaysia Buy Now Pay Later (BNPL) market is expected to have a compounded annual growth rate of 35% between 2022 and 2028. But concerns are growing that these schemes contribute to high debts levels among the vulnerable. Dato Paul Selvaraj, CEO, Federation of Malaysian Consumers Associations (FOMCA) tells us what policy measures should be considered to rein this issue in before it becomes a serious problem for Malaysians.
Image credit: Shutterstock
Presenter: Wong Shou Ning, Chong Tjen San, Shazana Mokhtar
Producer: Sim Wie Boon
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08:30, 21 Feb 2023
Guest: Dato' Paul Selvaraj, CEO, Federation of Malaysian Consumers Associations (FOMCA)
The Malaysia Buy Now Pay Later (BNPL) market is expected to have a compounded annual growth rate of 35% between 2022 and 2028. But concerns are growing that these schemes contribute to high debts levels among the vulnerable. Dato Paul Selvaraj, CEO, Federation of Malaysian Consumers Associations (FOMCA) tells us what policy measures should be considered to rein this issue in before it becomes a serious problem for Malaysians.
Image credit: Shutterstock
Presenter: Wong Shou Ning, Chong Tjen San, Shazana Mokhtar
Producer: Sim Wie Boon
Share:
Recommended
Jan 17
·
42 minsClean Slate - Yay or Nay?
Jan 17
·
47 minsA Tricky Away Tie At The Gtech for Liverpool?
Jan 17
·
44 minsWolf Man + Scariest On Screen Creatures
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Recent episodes
0
Latest Stories
Podcasts · Jan 17 · 42 mins
Clean Slate - Yay or Nay?
Podcasts · Jan 17 · 47 mins
A Tricky Away Tie At The Gtech for Liverpool?
Podcasts · Jan 17 · 44 mins
Wolf Man + Scariest On Screen Creatures