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Top 5 at 5: Selangor Bankruptcy Highest in Malaysia
43 mins·17:00, 20 Jan 2026
Top 5 at 5: Selangor Bankruptcy Highest in Malaysia
43 mins
·
17:00, 20 Jan 2026
·
Recommended
1 hr 23 mins
43 mins
40 mins
Guest: Rafiq Hidayat (Managing Director), Wealth Vantage Advisory
According to the Malaysian Insolvency Department, Selangor records more bankruptcy cases than any other state in Malaysia, with most coming from the public sector including teachers. Experts explain that civil servants with fixed incomes are likely to have loans approved, but it could lead to bankruptcy if the money is mismanaged. We understand the true cause for bankruptcy and evaluate the efficacy of relief programmes with Rafiq Hidayat, managing director of Wealth Vantage Advisory. (Starts at 23:21)
• Malaysia unveils new education development plan: Some of the major announcements will see Year 1 starting at six years old, the introduction of a new standardised assessment called the Malaysian Learning Matrix and technology and digital TVET training being introduced to primary and secondary schools in 2027. We get initial reactions to this plan from Chan Soon Seng, CEO of Teach for Malaysia. (Starts at 16:47)
• MOE uses pop culture to promote education blueprint: In the buildup to their National Education Development Plan announcement, the Ministry of Education launched a social media campaign translating iconic album covers into a school context. They reimagined albums like Pink Floyd's Dark Side of the Moon and The Beatles' Abbey Road. We discuss this creative choice. (Starts at 12:59)
• New High Court established to tackle corruption: This comes after the suggestion of the Yang di-Pertuan Agong following a series of corruption cases in the armed forces. We hear from Surendra Ananth, lawyer and former chairperson of the Malaysian Bar Law Reform and Special Areas Committee for his thoughts on this decision, and the need to resolve corruption cases swiftly and decisively. (Starts at 6:42)
• Grab drivers solicit tips: A Facebook post gained some chatter online when a Grab driver sent a user additional messages asking for tips for petrol among other expenses. Grab then responded to say this goes against their code of conduct. We get into it and talk about tipping culture in Malaysia. (Starts at 0:22)
Image Credit: Pexels
Presenter: Lee Chwi Lynn, Sharaad Kuttan
Producer: Sudais Ferhard, Tee Shiao Eek, Sneha Harikannan, Lee Chwi Lynn
Bankruptcy cases MalaysiaSelangor bankruptcy statisticsCivil servant debt MalaysiaFinancial management MalaysiaMalaysia education development planTVET educationHigh Court corruption casesArmed forces corruption MalaysiaTipping culture Malaysiamalaysian education blueprint
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