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February 10, 2021
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...
February 8, 2021
The EPF urged i-Sinar applicants to recheck the status of their applications from 8am today (Feb 8), as its system was glitched earlier.
February 8, 2021
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...
January 19, 2021
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...
January 19, 2021
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...
January 18, 2021
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...
January 18, 2021
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).