Direct naar content
Mijn nieuws Digitale krant

Assignment: Ageing without a safety net in Malaysia

Industrialisation, modern cityscapes and strong economic growth promote an image of a youthful, vigorous Malaysia. But the country is now ageing rapidly, and this sudden transformation seems to have caught many - including the government - by surprise: Despite their country’s development, millions have little or no retirement income and face destitution or dependence in their golden years. What little provision is available was compromised during the Covid pandemic when the government allowed workers to withdraw retirement funds just to survive lockdown. Those who did so can now have almost nothing left in their accounts. Without any universal pension, many older Malaysians rely on their families – but younger relatives are often struggling in a low wage economy and find it increasingly difficult to provide for anyone but themselves. As Claire Bolderson reports, Malaysians may have to change their attitudes to retirement and to saving if they are to avoid the spectre of serious poverty in old age.

Datum:
Duur:

Gerelateerde podcastafleveringen

Meer afleveringen van The Documentary Podcast

  • The everyday tech helping to prevent disasters

    For International Day for Disaster Risk Reduction (October 13th), we're finding out how technology can help prevent disasters, save lives and help rescuers. In Argentina, we’ll meet Franco Rodríguez Viau whose family friends lost their...

  • Saving young men from murder: The Homeboy story

    British Psychiatrist Dr Gwen Adshead, who has spent a lifetime working with violence perpetrators, visits Homeboy Industries in Los Angeles, the largest gang rehabilitation in the world. It offers, training, education, therapy and other...

  • Bonds: Heroes or villains?

    With the cost of Government debt hitting its highest for many decades across the world, we explore how the world became so dependent on bonds, those IOUs from governments and firms that helped build the modern economy. Bonds are often...

Meer afleveringen van The Documentary Podcast

Meer afleveringen