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
/http%3A//ichef.bbci.co.uk/images/ic/3000x3000/p0kxnkls.jpg)
/http%3A//ichef.bbci.co.uk/images/ic/3000x3000/p0nds5g1.jpg)
Meer afleveringen van The Documentary Podcast
-
Meet the preppers
“Stockpiling peace” preppers share their experiences -
Faith and revolution in the Philippines
Forty years ago, a Filipino soldier serving under Ferdinand Marcos Sr, was ordered to attack civilians opposing the corrupt regime. After wrestling with his conscience, Gregorio ‘Gringo’ Honasan found he could not do it. Along with... -
Under the influence of AI
AI is an ever-growing part of our everyday life through apps like Chat GPT, Grok and Claude that are becoming part of everyday life. But what happens when your conversations with AI start to feel more real than the world around you? In...