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CPF account closure for non-Singaporeans and non-PRs: Withdraw savings before interest ceases

CPF account closure for non-Singaporeans and non-PRs: Withdraw savings before interest ceases

According to Singapore's Central Provident Fund Board, after March 2027, these savings will no longer earn any interest.
Tue Sep 10 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
Actress Sharon Stone lost millions in savings after 2001 stroke

Actress Sharon Stone lost millions in savings after 2001 stroke

Sharon Stone said people financially "took advantage" of her while she was recovering from a near-fatal stroke.
Wed Jul 10 2024
Report to KPDN if egg prices do not drop - Consumer movement

Report to KPDN if egg prices do not drop - Consumer movement

The government decided to lower chicken egg prices nationwide by 3 cents each to pass on targeted subsidy savings to the public.
Mon Jun 17 2024
Diesel subsidy savings will be redirected through public transport, STR - PM

Diesel subsidy savings will be redirected through public transport, STR - PM

The funds from the targeted subsidy are not for increasing ministerial allowances or other interests, said Datuk Seri Anwar Ibrahim.
Tue Jun 11 2024
Fraud ordeal leaves mixed doubles shuttler Pei Jing nearly penniless

Fraud ordeal leaves mixed doubles shuttler Pei Jing nearly penniless

Lai Pei Jing said she lost almost all her savings to a fraud group, describing the experience as a "heavy blow" after decades of hard work.
Mon Jun 03 2024
RM4 bln estimated savings from diesel subsidy to free up govt fiscal space

RM4 bln estimated savings from diesel subsidy to free up govt fiscal space

BUDI MADANI will benefit 700,000 diesel vehicle owners in total, covering about half of active diesel vehicles in Peninsular Malaysia.
Fri May 31 2024
EPF says Account Fleksibel is optional; expects about RM25 bln withdrawal in first year

EPF says Account Fleksibel is optional; expects about RM25 bln withdrawal in first year

Akaun Fleksibel is a new account that provides flexibility for short-term financial needs, where savings can be withdrawn at any time.
Thu Apr 25 2024
EPF pays out RM708 mln to govt additional contribution incentive to 1.4 mln members

EPF pays out RM708 mln to govt additional contribution incentive to 1.4 mln members

According to EPF, the incentive was allocated to individuals with EPF savings of RM10,000 and below in their Account 1 as of Feb 24, 2023.
Wed Jan 10 2024
Salary deduction for PTPTN repayment can now be done online

Salary deduction for PTPTN repayment can now be done online

The PTPTN said that the online service could also be used for savings in the National Education Savings Scheme (Simpan SSPN).
Tue Nov 14 2023
Chicken subsidies end today, savings allocated to boost welfare initiatives

Chicken subsidies end today, savings allocated to boost welfare initiatives

The govt guarantees there will be no sudden price hikes for this essential commodity and assures of a consistent and sufficient supply.
Wed Nov 01 2023
PTPTN launches BMS 2023 to encourage savings culture

PTPTN launches BMS 2023 to encourage savings culture

Datuk Norliza Abdul Rahim said PTPTN is targeting RM220 million deposits in Simpan SSPN this year.
Mon Oct 02 2023
Woman loses RM473,225 of Tabung Haji, Amanah Saham savings in phone scam

Woman loses RM473,225 of Tabung Haji, Amanah Saham savings in phone scam

The woman from Bercham lodged a report after realising the syndicate had been scamming her since January.
Tue Sep 12 2023
Balancing future savings and present demands

Balancing future savings and present demands

As Malaysia navigates the intersection of savings, investments, and societal needs, the transformative journey beckons, underpinned by the promise of a brighter tomorrow.
Tue Aug 15 2023
Workers should have EPF savings of at least RM240,000 to retire gracefully - Ahmad Maslan

Workers should have EPF savings of at least RM240,000 to retire gracefully - Ahmad Maslan

Datuk Seri Ahmad Maslan said the estimated savings would enable someone to sustain life for 20 years after retirement.
Mon Jul 24 2023
ISIS Malaysia's perspective of Budget 2025

ISIS Malaysia's perspective of Budget 2025

An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 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
What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid

Israel sends more troops into north Gaza, deepens raid

Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration

Indonesia ramps up security ahead of Prabowo's inauguration

Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024