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The State of the Nation: RM90 bil i-Sinar withdrawal changes odds of 5% EPF 2021 dividend

ON Feb 27, private sector wage earners were happily surprised when the Employees Provident Fund (EPF) declared dividends for 2020 — 5.2% for conventional savings and 4.9% for shariah savings — even though both figures were lower than 2019. Last year, not only did at least five million members save less money and tap into their retirement kitty to alleviate pandemic-related cash-flow strains, but even those who did not have to use those savings were concerned about dividends being hit by EPF...
Tunku Alizakri Fitch Ratings Bank Negara Provident Fund Bank Negara Malaysia Employees Provident Fund

Tok Pa: Accurate figures vital

People-centric development: PPR is a government programme to resettle squatters and provide housing requirements for low-income earners. PETALING JAYA: An accurate reflection of the country’s socio-economic demographics is vital to the national effort in eradicating poverty, a task made tougher in the Covid-19 economic landscape. The government took heed of this and increased the national poverty line last year, the first review in 15 years. Praised by many as a bold move, the revision saw an...
Kota Marudu Malaysia General Economic Action Council Department Economic Affairs Datuk Seri Mustapa Mohamed Program Perumahan Rakyat Prime Minister

Tucson makes NAR's list of Top 10 Commercial Real Estate Markets for 2021

Tucson makes NAR’s list of Top 10 Commercial Real Estate Markets for 2021 The NAR says it selected the top 10 markets in the United States after considering 25 indicators on an area’s economic, demographic, housing and commercial market conditions in the multifamily, office, industrial, retail and hotel property sectors. (Source: KOLD News 13) By Joshua Morales | March 10, 2021 at 4:15 PM MST - Updated March 10 at 4:15 PM TUCSON, Ariz. (KOLD News 13) - Today, the National Assoc...
United States City Of Tucson National Association Of Realtors National Association Real Estate Markets Gross Domestic Product
Source: kold.com

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Transport ecosystem improves under new MOT leadership

Good work: Dr Wee delivering his ministry’s ‘report card’ in Putrajaya. — GLENN GUAN/The Star PETALING JAYA: More and more improvements to the country’s transport ecosystem happened following the change in leadership at the Transport Ministry (MOT) since March 2020. On the safety front, Transport Minister Datuk Seri Dr Wee Ka Siong successfully fast-tracked the passage of amendments to Sections 41 to 45 of the Road Transport Act 1987 (also known as Act 333) to impose heavier punishmen...
Port Klang Malaysia General Sdn Bhd Pakatan Harapan Johor Baru Negri Sembilan

Customers 'mob' goldsmiths

Willing to wait: People queuing up to enter a jewellery shop at Jalan Masjid India. — AZHAR MAHFOF/The Star KLANG: Indian jewellers here are being “mobbed” by customers with the market price of gold having dropped drastically. There is an additional reason for the craze at the Little India area in Jalan Tengku Kelana – the price of gold going for RM222 per gram, which is much lower compared with other areas. S. Nadarajah Pather & Son Jewellery & Gems Sdn Bhd director Kughaan Supramaniam...
Kuala Lumpur Devan Raman Shazrul Rosprisli Jalan Tengku Kelana Noradila Yusof S Nadarajah Pather

Need to withdraw more funds? EPF i-Sinar applications can now be amended online | Malaysia

KUALA LUMPUR, March 9 — Employees Provident Fund (EPF) has updated its i-Sinar program which now allow members to amend or cancel their application. If you’ve applied for i-Sinar withdrawal but didn’t maximise the full withdrawal limit or have made a mistake, here’s your chance to update...
Kuala Lumpur Provident Fund Employees Provident Fund I Sinar Withdrawals குவாலா லம்பூர் வருங்கால நிதி

Finance Ministry charts course for Malaysia's economic recovery | Malaysia

Sunday, 07 Mar 2021 07:30 AM MYT Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz speaks to the media, September 6, 2020. — Bernama pic Subscribe to our Telegram channel for the latest updates on news you need to know. PUTRAJAYA, Mar 7 — The Finance Ministry has set six main targets for 2021 to alleviate the burden faced by the people amidst the Covid-19 pandemic and, at the same time, revive the country’s economy. Its minister, Senator Tengku Datuk Seri Zafrul Abdul Aziz, said...
Kuala Lumpur Malaysia General Jaringan Prihatin Bantuan Prihatin Rakyat Perlindungan Ekonomi Kita Prihatin

Free-for-all EPF Account 1 withdrawals cast shadow on 2021 dividend

THERE was a good chance of the Employees Provident Fund reaching RM1 trillion in assets this year, had it not been for the Covid-19 pandemic and economic hardship that nudged the government to allow the unprecedented withdrawal of funds that were previously off limits until members reach age 55. For those who do not need to withdraw money from their EPF accounts, one key question is likely whether a smaller fund size would mean a higher return on investment and higher dividends. Would the rever...
Tenaga Nasional Bhd Tunku Alizakri Raja Muhammad Amir Hamzah Azizan Azizan Zainul Abidin Ministry Of Finance Laksana Provident Fund

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