Page 137 - Sinar News Today

‘Hungry’ palm oil, pulpwood firms behind Indonesia land-grab spike: Report Land conflicts in Indonesia escalated in 2020, with palm oil and pulpwood companies taking advantage of movement restrictions to expand aggressively, according to a new report. These disputes have historically waned during times of economic downturn, but last year’s increase was driven by “land-hungry” companies, according to the NGO Consortium for Agrarian Reform (KPA). Most of the conflicts involved palm oil ...

KUALA LUMPUR (Feb 15): The government’s announcement that it is taking steps to remove all conditions for withdrawals under the Employees Provident Fund’s (EPF) i-Sinar facility is timely, given that those who have been affected by the Covid-19 crisis are in urgent need of the funds. Universiti Putra Malaysia Faculty of Economics and Management associate professor Dr Anuar Shah Bali Mahomed said this is important, in light of the fact that the unemployment rate had increased in the fourth q...

Easier: The decision to remove conditions on i-Sinar eligibility was taken into consideration after public feedback. PETALING JAYA: The move to relax the i-Sinar withdrawal facility will bring much relief to those working in sectors hardest hit by the effects of the Covid-19 pandemic, say economic analysts. “This is a wise move. When the original requirement was stipulated, we could not have guessed that a second round of the movement control order (MCO) was implemented, ” said Asian Instit...

PETALING JAYA: The Employees Provident Fund (EPF) is working towards removing all eligibility conditions for the i-Sinar withdrawal facility, says Finance Minister Tengku Datuk Seri Zafrul Tengku Aziz.

Free vaccinations for all in Msia, and other news you may have missed Modified11 Feb 2021, 11:09 pm A KINI ROUNDUP | Here are key headlines you may have missed, in brief. 1. The government has decided that Covid-19 vaccinations will be available for free for everyone who lives in Malaysia, including possibly undocumented migrants. 2. The Health Ministry reported 3,384 new cases of Covid-19 and 13 deaths. 3. Various non-contact activities, including recreational fishing, gym routines and golfing...

KUALA LUMPUR (Feb 12): The Union Network International-Malaysia Labour Centre (UNI-MLC) has urged the Employees Provident Fund (EPF) to expedite the automatic approval process of its i-Sinar initiative to facilitate contributors to withdraw their savings. UNI MLC president Datuk Mohamad Shafie BP Mammal said he was confident that the well-managed EPF system would enable the approval process to be done quickly. “UNI MLC welcomes the government’s announcement that EPF is in the midst of remov...

JOHOR BARU: Johor Perikatan Nasional has lauded the government’s decision to remove all eligibility conditions for the i-Sinar withdrawal facility for Employees Provident Fund (EPF) members.

This is to allow more members to withdraw their savings, says minister.

The Employees Provident Fund will be removing all conditions for the i-Sinar facility, on the advice of Prime Minister Tan Sri Muhyiddin Yassin after receiving feedback from the public.

KUALA LUMPUR (Feb 11): RHB Investment Bank said a 25 basis points (bps) cut in the overnight policy rate (OPR) by Bank Negara Malaysia at the upcoming Monetary Policy Meeting on March 4 is "baked in the cake", following an analyst briefing by the central bank today. In a note, RHB Investment Bank senior economist Nazmi Idrus said there is an 80% chance of a 25bps cut, in view of a likely economic contraction for the third consecutive quarter in the first quarter of 2021 (1Q21), the output gap r...