Nazrul Hisyam said in 2017, added than 3,400 bodies amid the ages of 20 and 30 approved counselling and advice from the Debt Management and Counselling Agency.
“I claiming all of you to breach the allegory that the adolescent bearing are not financially adeptness and do not accord to these statistics,” he said in his accent during the afterpiece of #IDAREYOUChallenge 2017 actuality today.
The #IDAREYOUChallenge, held by the Malaysia Activity Allowance Association (LIAM) and Education Ministry, selects the best business presentation and video on the accent of activity allowance from amid 10 finalists apery four universities.
Meanwhile, LIAM President Anusha Thavarajah said that 56 per cent of Malaysians are currently insured, with the amount to ability 75 per cent by 2020.
Thavarajah said few allowance companies accept appear up with the “Perlindungan Tenang” arrangement targeting the basal 40 per cent domiciliary assets accumulation (B40) for as low as RM3.80 sen per month.
“Our capital obstacle is abridgement of acquaintance by the bodies on insurance. We achievement with this competition, added acquaintance can be created abnormally amid youths,” she said.
The #IDAREYOUChallenge was won by Lee Ming Chin of Universiti Malaya, who brought home the admirable award-winning of RM15,000 cash. She additionally won the best video accolade of RM2,000.
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