Bankruptcy, Root Causes And Solutions Needed To Give 2nd Chances

Linnet Lee, CEO, Financial Planning Association of Malaysia

03-Mar-23 08:30

Bankruptcy, Root Causes And Solutions Needed To Give 2nd Chances

Pause
Embed

In the revised Budget 2023, Prime Minister Dato’ Sri Anwar Ibrahim said that people who were declared bankrupt deserved a second chance and announced several measures that would provide a lifeline to those who find themselves in these unwanted circumstances. We speak to Linnet Lee, CEO of Financial Planning Association of Malaysia to understand why the rise in bankruptcy cases and what are the possible solutions for this issue.

Image credit: Shutterstock

Produced by: Sim Wie Boon

Presented by: Wong Shou Ning, Shazana Mokhtar

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories: government, Law/Activism

Tags: bankruptcy, budget 2023, institutional reforms,

Today’s Shows

6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Tony Nash, CEO, Complete Intelligence tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Ken Foong of Bloomberg Intelligence discusses the outlook for Singapore's property market in 2H2025.

7:45 AM

Morning Brief

Daniel Moss of Bloomberg, weighs in on whether Indonesia can keep its Rp662 trillion (2.8% of GDP) deficit under control while funding social programmes.

8:00 AM

The Breakfast Grille

Dr. Goh Kar Chun of MCE Holdings discusses the firm’s future after winning over RM120 million in new contracts and entering the US market.

8:30 AM

Morning Brief

Andrew Khoo, Human Rights Lawyer, weighs in on the Federal Court’s ruling against a key provision of the Peaceful Assembly Act.

8:45 AM

Morning Brief

Adib Zalkapli of Viewfinder Global Affairs discusses the recalibration of UMNO ahead of Sabah’s 17th state election.

9:00 AM

Opening Bell

(REPEAT) Tony Nash, CEO, Complete Intelligence tells us where international markets are heading.

9:15 AM

Opening Bell

(REPEAT) We take a look at the FBM KLCI as well as regional capital markets.

9:35 AM

Ringgit & Sense

Alvin Tan of the Financial Planning Association of Malaysia (FPAM) discusses aspects of Malaysian Gen Zers personal finance.

10:05 AM

Open For Business

Healthpro.id's co-founder Rendy Alfuadi shares how their on-demand platform is solving Indonesia's healthcare staffing crisis, one shift at a time.

11:00 AM

Tech Talk

Audax’s Mike Breen explains why Malaysia’s fintech growth depends on transforming legacy banks into agile platforms, and how bridging infrastructure gaps is key to turning KL20’s vision into reality.

12:00 PM

Enterprise Explores

Ong Johnson and Lo Khai Yi, Head and Co-Head of Technology Practice Group, Partners at Halim Hong & Quek, discuss Malaysia’s growing digital asset space and the role of stablecoins in bridging finance and blockchain.

1:00 PM

The Breakfast Grille Repeat

Dr. Goh Kar Chun of MCE Holdings discusses the firm’s future after winning over RM120 million in new contracts and entering the US market.

2:05 PM

Discovery Hour

3:05 PM

Beyond the Ballot Box

The director of Invisible People, Jean Ho, joins us in conversation about her documentary which shines light on the lives and struggles of people on the margins of society, namely the stateless and refugees.

4:05 PM

Health & Living

The stigma faced by people with obesity is pervasive - it comes from their community, healthcare providers and policymakers. We discuss why an empathetic lens matters.

5:00 PM

Top 5 at 5

6:00 PM

Talkback Thursday

Can you separate the art and the artist?

8:00 PM

BBC World Service

This episode of Crowd Science looks at twins and what makes them unique.

PROGRAMMES