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EPF special withdrawals totalling RM101 bln benefit 7.34 mln members - MOF

EPF special withdrawals totalling RM101 bln benefit 7.34 mln members - MOF

Three special withdrawals from the EPF, namely i-Lestari, i-Sinar and i-Citra have benefitted 7.34 million members or 58 pct of 12.6 million members under 55 years old.
Thu Mar 03 2022
Govt should not allow further withdrawal from EPF, retirement saving is vital - MEF

Govt should not allow further withdrawal from EPF, retirement saving is vital - MEF

The MEF said there should not be any more withdrawal schemes from the EPF savings prior to its members reaching their retirement age of 60 to ensure they have adequate savings.
Wed Dec 15 2021
EPF withdrawals of RM101 bln will not affect domestic financial markets - Mohd Shahar

EPF withdrawals of RM101 bln will not affect domestic financial markets - Mohd Shahar

Mohd Shahar denied that the withdrawals had a negative impact on investments in the Malaysian Government Securities.
Wed Nov 24 2021
EPF to focus on rebuilding members savings following withdrawal facilities

EPF to focus on rebuilding members savings following withdrawal facilities

The withdrawal facilities were exceptional in nature and were introduced when the pandemic had severely impacted the local economy.
Mon Nov 01 2021
i-Sinar and i-Citra not heavily impacting EPF investment at the moment

i-Sinar and i-Citra not heavily impacting EPF investment at the moment

Nurhisham Hussein said the fund has a plan in terms of managing the liquidity as well as the cashflow of EPF.
Fri Aug 06 2021
EPF: i-Citra designed for members to withdraw from Account 2 first

EPF: i-Citra designed for members to withdraw from Account 2 first

Amir Hamzah said if the amount in Account 2 is inadequate, then we will allow depositors to access Account 1.
Thu Jul 01 2021
i-Sinar withdrawal  a case of desperate times calling for desperate measures now and also in the future?

i-Sinar withdrawal a case of desperate times calling for desperate measures now and also in the future?

The government should tread carefully, nonetheless.
Tue Jun 29 2021
Govt always considers proposals and solutions to lessen the burden of the people - Tengku Zafrul

Govt always considers proposals and solutions to lessen the burden of the people - Tengku Zafrul

The government is always considering all proposals and solutions to ease the burden of the people, especially during the National Recovery Plan, said Finance Minister Tengku Zafrul Abdul Aziz.
Fri Jun 25 2021
Domestic demand to rebound this year despite MCO - MIDF

Domestic demand to rebound this year despite MCO - MIDF

Domestic demand is expected to rebound this year despite some disruptions caused by the implementation of the Movement Control Order (MCO), MIDF Research said.
Fri Jun 11 2021
EPF i-Sinar withdrawal gives positive immediate impact to real economy - BNM

EPF i-Sinar withdrawal gives positive immediate impact to real economy - BNM

Abdul Rasheed said that in terms of retirement savings, however, the buffer needed to be strengthened and rebuilt.
Fri Apr 02 2021
RM19.45 bln, RM52.48 bln withdrawals from i-Lestari and i-Sinar approved - Tengku Zafrul

RM19.45 bln, RM52.48 bln withdrawals from i-Lestari and i-Sinar approved - Tengku Zafrul

Up till March 14 this year, i-Sinar withdrawals of RM52.48 billion have been approved for 5.94 million applicants.
Wed Mar 24 2021
Payment for current i-Sinar applications begins Tuesday - EPF

Payment for current i-Sinar applications begins Tuesday - EPF

Applicants for the i-Sinar facility under the EPF submitted before Feb 25 will be progressively approved in batches.
Tue Mar 02 2021
Matching grants to prevent excessive withdrawal of EPF funds

Matching grants to prevent excessive withdrawal of EPF funds

The extra matching of monies would mean EPF will have more fund to invest further, despite the withdrawal.
Tue Mar 02 2021
EPF simplifies i-Sinar approval beginning March 8

EPF simplifies i-Sinar approval beginning March 8

EPF said the approval includes new applications received after that date, subject to their available Account 1 balance.
Thu Feb 18 2021
Government, EPF will ease i-Sinar approval process

Government, EPF will ease i-Sinar approval process

Tengku Datuk Seri Zafrul Tengku Abdul Aziz said priority will be given to those who have applied or applications that were being processed.
Thu Feb 18 2021
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024