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Malaysiakini Childcare Study Report

Written by Vase.ai | Oct 14, 2024 7:42:56 AM

Raising Malaysia’s Future – Childcare Costs Soar from "RM400,000 to RM1.1 Million"

In today’s challenging economic climate, raising a child in Malaysia comes with a significant financial burden, ranging from RM400,000 to RM1.1 million, primarily due to education expenses through university. Limited access to affordable childcare forces many families to rely on unregistered centres. High education costs and financial pressures are driving smaller family sizes, affecting population growth and steering Malaysia toward an ageing nation without sufficient infrastructure to support it.

What we cover:

 

This comprehensive analysis equips businesses with insights into rising childcare costs, insurance trends, and government subsidies, enabling them to address family financial needs and seize growth opportunities.

 

Download the full report of this study for more insights and data.

 

How Much of Your Household Income Goes Toward Raising a Child?

Discover the financial impact of raising a child in today’s economy. Take this quick quiz to see how much of your household income is dedicated to childcare expenses and learn how your spending compares to other families.