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i-Lindung: RM44.2 mln withdrawn from EPF Akaun Sejahtera as of September 2024 - Lim

i-Lindung: RM44.2 mln withdrawn from EPF Akaun Sejahtera as of September 2024 - Lim

The plan allows EPF members to withdraw funds from their Akaun Sejahtera to purchase life insurance and critical illness coverage under.
Wed Nov 20 2024
Housewife loses RM82,175 to non-existent investment scheme

Housewife loses RM82,175 to non-existent investment scheme

The victim realises she has been deceived when she cannot withdraw the promised returns and is instead asked to pay an extra withdrawal tax.
Tue Oct 29 2024
New legislation on gig workers to ensure comprehensive welfare - DPM Ahmad Zahid

New legislation on gig workers to ensure comprehensive welfare - DPM Ahmad Zahid

The proposed legislation will be tabled by the Human Resources Ministry (KESUMA) in the current session of the Dewan Rakyat.
Mon Oct 28 2024
MDEC-funded digital games, status of five LRT3 stations among focus of Dewan Rakyat today

MDEC-funded digital games, status of five LRT3 stations among focus of Dewan Rakyat today

The current Dewan Rakyat session will sit for 35 days, concluding on Dec 12.
Mon Oct 28 2024
PM takes note over minimum wage, mandatory EPF contribution - Fahmi

PM takes note over minimum wage, mandatory EPF contribution - Fahmi

Any decision will probably be announced when PM winds up the debate on the budget for the Ministry of Finance later, says Fahmi Fadzil.
Sat Oct 26 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
Consider This: Social Security — Broadening Protections for Tomorrow

Consider This: Social Security — Broadening Protections for Tomorrow

Ahead of the tabling of #Belanjawan2025, how well have the social security measures from #Belanjawan2024 protected Malaysians from economic vulnerability? Have they truly delivered, or is there a need for more targeted reforms? Tonight on #ConsiderThis, Melisa Idris speaks with Professor Datuk Norma Mansor, Director of Universiti Malaya’s Social Wellbeing Research Centre, and Balqais Yusoff, Head of the Policy and Strategy Department at EPF.
Thu Oct 17 2024
635 company directors barred from leaving Malaysia over unpaid EPF contributions

635 company directors barred from leaving Malaysia over unpaid EPF contributions

In a statement, EPF said will continue to enforce and monitor compliance to ensure that all outstanding amounts are paid in full.
Wed Aug 28 2024
EPF appoints Mohd Zuki chairman, effective Sept 1, 2024

EPF appoints Mohd Zuki chairman, effective Sept 1, 2024

Tan Sri Mohd Zuki Ali will be taking over from Tan Sri Ahmad Badri Mohd Zahir, who has held the post since May 1, 2020, EPF said.
Mon Aug 26 2024
EPF’s 1H 2024 total distributable income up 29 per cent to RM36.70 bil

EPF’s 1H 2024 total distributable income up 29 per cent to RM36.70 bil

The EPF said the distributable income does not include mark-to-market gains of securities that have not been realised.
Tue Aug 13 2024
3.4 mln EPF members make RM8.9 billion Flexible Account withdrawals - Amir Hamzah

3.4 mln EPF members make RM8.9 billion Flexible Account withdrawals - Amir Hamzah

The transfer to Retirement Account increased members' savings, with the addition of 43,000 new members having reached basic savings level.
Thu Jul 25 2024
Wan Ahmad Fayhsal given a six-month suspension from Dewan Rakyat

Wan Ahmad Fayhsal given a six-month suspension from Dewan Rakyat

Wan Ahmad Fayhsal's Dewan Rakyat suspension follows his reference to an anonymous letter about alleged mastermind behind takeover of MAHB.
Thu Jul 18 2024
3.61 million EPF members transferred a total of RM11.52 bln to their Flexible Accounts as of June 24 - MoF

3.61 million EPF members transferred a total of RM11.52 bln to their Flexible Accounts as of June 24 - MoF

According to the Ministry of Finance, a total of RM5.12 billion has been transferred to the Retirement Account.
Wed Jul 10 2024
3.4 mln EPF members transfer RM10.86 bln to flexible account as of June 10

3.4 mln EPF members transfer RM10.86 bln to flexible account as of June 10

These withdrawals can be accommodated by EPF's current cash balance, net cash inflows from contributions, maturities and investment income.
Thu Jun 27 2024
Account 3 withdrawals have no influence on EPF's investment strategy - EPF CEO

Account 3 withdrawals have no influence on EPF's investment strategy - EPF CEO

The EPF's overall investment assets stand at RM1.2 trillion, so these withdrawals are actually manageable, says CEO Ahmad Zulqarnain Onn.
Thu Jun 13 2024
Selangor records 1,354 out-of-wedlock teen pregnancies from 2023 to Sept 2024

Selangor records 1,354 out-of-wedlock teen pregnancies from 2023 to Sept 2024

Anfaal Saari emphasises the seriousness of the issue, especially involving children and teenagers under 18 years old.
Thu Nov 21 2024
ICC issues arrest warrants for Netanyahu and Gallant

ICC issues arrest warrants for Netanyahu and Gallant

The International Criminal Court (ICC) has issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant.
Thu Nov 21 2024
Elon Musk's Neuralink receives Canadian approval for brain chip trial

Elon Musk's Neuralink receives Canadian approval for brain chip trial

The study aims to assess the safety and initial functionality of its implant which enables people with quadriplegia.
Thu Nov 21 2024
Guitar bought by Beatles' teenage Harrison for GBP58 sells for more than GBP1 million

Guitar bought by Beatles' teenage Harrison for GBP58 sells for more than GBP1 million

A guitar bought by George Harrison for about GBP58 has sold at auction for more than GBP1 million (US$1.27 million), the PA Media news agenc
Thu Nov 21 2024
Duct-taped banana goes for $6.2 mln in Sotheby's art auction

Duct-taped banana goes for $6.2 mln in Sotheby's art auction

A piece of art that is little more than a banana duct-taped to a wall sold at auction to cryptocurrency entrepreneur.
Thu Nov 21 2024
Australian teen dies from tainted liquor in Laos; fourth suspected victim

Australian teen dies from tainted liquor in Laos; fourth suspected victim

Spurious liquor is a problem in Laos, with the govts of Australia and Britain warning citizens to be cautious when taking drinks there.
Thu Nov 21 2024
Woman found in freezer died from chest injuries - Police

Woman found in freezer died from chest injuries - Police

Preliminary post-mortem report reveals that the victim died from chest injuries caused by blunt trauma.
Thu Nov 21 2024
Malaysia, Vietnam to further cooperate in multiple sectors - PM

Malaysia, Vietnam to further cooperate in multiple sectors - PM

Datuk Seri Anwar Ibrahim says the collaboration will also leverage the ASEAN Energy Grid to foster regional growth.
Thu Nov 21 2024
Australia launches 'landmark' bill to ban social media for children under 16

Australia launches 'landmark' bill to ban social media for children under 16

Australia plans to trial an age-verification system that may include biometrics or govt identification to enforce social media age cut-off.
Thu Nov 21 2024
Court orders PDRM to complete investigations into Beng Hock's death within six months

Court orders PDRM to complete investigations into Beng Hock's death within six months

Judge says the claims and reliefs sought by the applicants are within the domain of public law both in pith and substance.
Thu Nov 21 2024