AWANI Review: WeWork’s Fallout: A reflection or anomaly in co-working demand?
WeWork's bankruptcy filing shouldn't be misinterpreted as a broader industry downturn. Local operators Stephanie Ping and Andrew Yeow of WORQ say that as offices continue to pivot towards flexible working, so too does the demand for co-working space.
Sat Nov 25 2023
![Budget 2024: Second chance policy on bankruptcy expanded - PM Budget 2024: Second chance policy on bankruptcy expanded - PM](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2023-10/61697191720_TBAnwarIbrahimPar.jpg)
Budget 2024: Second chance policy on bankruptcy expanded - PM
Datuk Seri Anwar Ibrahim said as of July this year, almost 14,000 cases with small debts of below RM50,000 discharged from bankruptcy.
Fri Oct 13 2023
![31,140 youth under 35 declared bankrupt since 2014 - Ramkarpal 31,140 youth under 35 declared bankrupt since 2014 - Ramkarpal](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2023-06/81687759107_RamkarpalSingh.jpg)
31,140 youth under 35 declared bankrupt since 2014 - Ramkarpal
The govt has implemented several initiatives including bankruptcy discharge for those declared bankrupt for debts below RM50,000.
Mon Jun 26 2023
![Budget 2023: Tax incentives for ACE, LEAP listings to catalyse entrepreneurship Budget 2023: Tax incentives for ACE, LEAP listings to catalyse entrepreneurship](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-01/51643195949_TBRHB.jpg)
Budget 2023: Tax incentives for ACE, LEAP listings to catalyse entrepreneurship
The Budget 2023 commits to fiscal consolidation with further reduction in budget deficit to GDP ratio to 5% this year and to 3.2% by 2025.
Fri Feb 24 2023
![Cuepacs proposes extending maximum loan tenure to prevent bankruptcies Cuepacs proposes extending maximum loan tenure to prevent bankruptcies](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2023-02/51675493958_AdnanMat.jpg)
Cuepacs proposes extending maximum loan tenure to prevent bankruptcies
The Finance Ministry and Bank Negara have been urged to look into extending the maximum loan tenure to increase disposable income and prevent bankruptcy.
Sat Feb 04 2023
![Twitter won't go bankrupt anytime soon, says Elon Musk Twitter won't go bankrupt anytime soon, says Elon Musk](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-12/61671421429_ElonMusk.jpg)
Twitter won't go bankrupt anytime soon, says Elon Musk
Twitter head Elon Musk has confirmed that the social media platform is no longer "in the fast lane to bankruptcy" reported dpa.
Tue Dec 27 2022
![Musk warns of Twitter bankruptcy as more senior executives quit Musk warns of Twitter bankruptcy as more senior executives quit](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-11/41668130883_ElonMusk.jpg)
Musk warns of Twitter bankruptcy as more senior executives quit
In his first meeting with all employees at Twitter, Musk warned that the company may lose billions of dollars next year.
Fri Nov 11 2022
![Jamal denies being issued bankruptcy order, says eligible to contest in GE15 Jamal denies being issued bankruptcy order, says eligible to contest in GE15](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-11/41667603752_JamalMdYunos.jpg)
Jamal denies being issued bankruptcy order, says eligible to contest in GE15
Sungai Besar BN candidate Jamal Md Yunos has denied being issued a bankruptcy order that could disqualify him from contesting in the GE15.
Fri Nov 04 2022
![Insolvency Dept submits proposal to improve Act 360 - Wan Junaidi Insolvency Dept submits proposal to improve Act 360 - Wan Junaidi](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-08/41660655625_TBWANJUNAIDI.jpg)
Insolvency Dept submits proposal to improve Act 360 - Wan Junaidi
Amendment to Act 360 in regard to automatic discharge from bankruptcy after three years is among the proposals submitted to the government.
Fri Aug 26 2022
![Has blockchain found a use beyond crypto trading? Has blockchain found a use beyond crypto trading?](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-08/81660900811_Blockchain.jpg)
Has blockchain found a use beyond crypto trading?
The crypto crash brought devastation for small investors and bankruptcy for many companies.
Sat Aug 20 2022
![Malaysia's economy stronger than Sri Lanka, slim possibility of bankruptcy - Tengku Zafrul Malaysia's economy stronger than Sri Lanka, slim possibility of bankruptcy - Tengku Zafrul](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-07/71658214497_TengkuZafrul.jpg)
Malaysia's economy stronger than Sri Lanka, slim possibility of bankruptcy - Tengku Zafrul
Malaysia's economy is far stronger than Sri Lanka's if the two countries' economic indicators are being compared and the possibility for this country to go bankrupt like Sri Lanka is very slim.
Tue Jul 19 2022
![Bankruptcy trend declining, action by banks is the last resort - BNM governor Bankruptcy trend declining, action by banks is the last resort - BNM governor](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-05/81652417211_GabenorBankNegara.jpg)
Bankruptcy trend declining, action by banks is the last resort - BNM governor
The bankruptcy cases trend among individuals has been declining since 2016, including the period during which the OPR was raised in 2018.
Fri Jul 15 2022
![PM concerned over bankruptcy among youths, to hold talks with BNM governor PM concerned over bankruptcy among youths, to hold talks with BNM governor](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-06/81656241938_ismailsabri.jpg)
PM concerned over bankruptcy among youths, to hold talks with BNM governor
Datuk Seri Ismail Sabri Yaakob today expressed concern over the increase in the number of bankrupts among youths.
Sun Jun 26 2022
![Court allows application by Najib, Nazifuddin to postpone bankruptcy proceedings Court allows application by Najib, Nazifuddin to postpone bankruptcy proceedings](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-05/51652963169_TBNajibanak.jpg)
Court allows application by Najib, Nazifuddin to postpone bankruptcy proceedings
The High Court today allowed an application by Najib Razak and his son, Mohd Nazifuddin, to postpone the bankruptcy proceedings against them for failing to settle their tax arrears.
Thu May 19 2022
![Low EPF savings among the young adults and middle-aged possible cause of bankruptcy? Low EPF savings among the young adults and middle-aged possible cause of bankruptcy?](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2021-02/81613054171_KWSPLogo.jpg)
Low EPF savings among the young adults and middle-aged possible cause of bankruptcy?
Tough measures are needed to deal with the low savings issue that may then morph into a possible bankruptcy crisis.
Fri Nov 26 2021