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POSITIVE FORECAST FOR EPF DIVIDEND

A large segment of Malaysians in the private sector are dependent on their EPF savings for retirement, as a crucial pillar of the country’s social safety net, which is why EPF continually practises a high standard of corporate governance with professional management to consistently drive high returns. DESPITE the headwinds last year, the Employees Provident Fund (EPF) may declare a dividend rate ranging from 4.0% to 5.5% for 2020, according to a number of economists. Sunway University economi...
Mohd Afzanizam Abdul Rashid Ahmed Razman Kim Leng Anthony Dass Sunway University Bank Islam

Covid-19: Government Announces PERMAI Assistance Package - Coronavirus (COVID-19)

The First Objective - Combating the Covid-19 outbreak The first objective consists of four initiatives that directly relate to healthcare matters, namely: An outline of the Covid-19 vaccination programme to be implemented by the Government, for which a sum of RM3 billion has been allocated; Strengthening the National Healthcare Sector through the recruitment of an additional 3,500 healthcare personnel; Enhancing cooperation between the public and private healthcare sectors to alleviate the stra...
Tenaga Nasional Berhad Kumpulan Usahawan Niaga Bantuan Prihatin Rakyat Perlindungan Ekonomi Rakyat Muhyiddin Yassin Perbadanan Tabung Pendidikan
Source: mondaq.com

Enhanced wage subsidies, advanced EPF withdrawals and more in Malaysia's RM15bn PERMAI package

Enhanced wage subsidies, advanced EPF withdrawals and more in Malaysias RM15bn PERMAI package Details Published: 19 January 2021 The new package, announced on 18 January, will see the enhancement of the Wage Subsidy Programme, whereby all employers operating in the MCO states will be eligible to apply, irrespective of their sector. Malaysias Prime Minister Tan Sri Muhyiddin Yassin has announced a new assistance package, as part of the Governments ongoing efforts in...
Muhyiddin Yassin Bantuan Prihatin Rakyat Perlindungan Ekonomi Bantuan Prihatin Nasional Syarikat Jaminan Pembiayaan Perniagaan Committee On Ensuring Access

The Permai Stimulus Initiatives: What's Actually New, And What's Not

9 minute read Yesterday, Prime Minister Tan Sri Muhyiddin Yassin unveiled the government’s new PERMAI stimulus package, the fifth economic stimulus package in Malaysia aimed at combatting the negative effects of the Covid-19 pandemic. Worth RM15 billion, the PERMAI stimulus consists of 22 initiatives – some of which improve on current initiatives that are already ongoing or accelerating the implementation of said initiatives. So, if you’re wondering why some of the initiatives under PERMA...
Muhyiddin Yassin Bantuan Prihatin Rakyat Lembaga Hasil Dalam Negeri Bantuan Sara Hidup Bantuan Prihatin Nasional National Higher Education Fund Corporation

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15 banks offer loan repayment moratorium in flood-affected states: Muhyiddin | Daily Express Online

Published on: Monday, January 18, 2021 By: Bernama Text Size: Kuala Lumpur: A total of 15 banks are offering loan repayment moratorium for residents living in the flood-affected states, said Prime Minister Tan Sri Muhyiddin Yassin. The moratorium facility, including the extension of the moratorium and restructuring of loan repayment, will continue to be offered by banks as announced previously, he said. “To-date, over 1.3 million borrowers have applied and received such assistance, with a...
Kuala Lumpur Muhyiddin Yassin Movement Control Order National Higher Education Fund Corporation Sinar Programme Provident Fund

Govt unveils RM15b PERMAI stimulus package for MCO 2.0

PM Muhyiddin announces RM15b economic stimulus package under Permai schemeThe government has unveiled PERMAI, its fifth economic stimulus package to date, worth RM15 billion spread over 22 initiatives aimed at combating the Covid-19 outbreak, safeguarding the welfare of the people and supporting business continuity following the implementation of the second movement control order (MCO 2.0).
Kuala Lumpur Muhyiddin Yassin Ministry Of Health Bank Simpanan Nasional Human Resources Development Fund Disaster Relief Network

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