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Borneo Bulletin Article

Published on 6th June 2023

The article expresses concern about the potential for impulsive spending if individuals aged 45 and above are allowed to withdraw from Brunei's National Retirement Scheme (SPK) for purposes other than retirement. The author worries that easy access to welfare programs could encourage irresponsible financial decisions, ...

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The article expresses concern about the potential for impulsive spending if individuals aged 45 and above are allowed to withdraw from Brunei's National Retirement Scheme (SPK) for purposes other than retirement. The author worries that easy access to welfare programs could encourage irresponsible financial decisions, ultimately burdening society and the government. While acknowledging the importance of social safety nets, the article advocates for promoting responsible financial planning and discouraging impulsive spending.

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Brunei's leading English daily, serving the nation since 1953. Published by Brunei Press Sdn Bhd. 
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Borneo Bulletin

Brunei's leading English daily, serving the nation since 1953. Published by Brunei Press Sdn Bhd. 📰📱💻

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