3 out of 4 Malaysians can’t raise RM1,000 in an emergency


Sheridan Mahavera

ON the surface, all seemed good. He operated a bakery on the outskirts of Kuala Lumpur, drove a second-hand BMW an‎d did not want for much. On the surface, all seemed good.

Last week, the brittle facade cracked when a sharp drop in sales for consecutive months laid bare this fact: Simon had no savings to help him tide over the downturn in his three-year-old business.  


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