BFM 89.9
The Business Station
BFM 89.9
The Business Station
From Factories to Credit: Why Malaysia’s Households Struggle
From Factories to Credit: Why Malaysia’s Households Struggle
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Guest: Dr Paul Anthony, Senior Lecturer for the School of Accounting & Finance, Faculty of Business & Law, Taylor’s University
Malaysia’s rising household debt is more than just a financial issue — it’s a symptom of a deeper economic shift As stable, well-paying industrial jobs give way to more precarious service roles, many Malaysians are leaning on credit just to keep up with the cost of living.
We speak with Dr Paul Anthony, Senior Lecturer at Taylor’s University, about how deindustrialisation is chipping away at income stability, why household debt has become a ticking time bomb, and what Malaysia can do to rebuild economic resilience.
Presenter: Richard Bradbury
Producer: Carol Wong
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