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January 18, 2021
Prime Minister Tan Sri Muhyiddin Yassin has announced a RM15 billion special aid package called PERMAI – Pakej Bantuan Perlindungan Ekonomi dan Rakyat Malaysia (The Malaysian Economic and Rakyat Protection Assistance Package). Here are the initiatives he announced regarding loans, the Employees Provident Fund’s (EPF) i-Sinar programme and National Higher Education Fund Corporation (PTPTN). Moratorium and loan restructuring period extended Moratoriums and loan restructuring is extended and ...
January 18, 2021
Employees Provident Fund members applying for the i-Sinar facility under Category 2 will receive an interim payment of up to RM1,000 from the total amount applied for, starting from Jan 26, the EPF announced today
January 18, 2021
THE Employees Provident Fund (EPF) should have no problem paying a 4% dividend for 2020, going by the income it made in the first nine months of last year, The Edge’s estimates show. That’s easily double the prevailing fixed deposit rates offered by banks. It is likely that the EPF is working hard to pay more than a 4.5% dividend for 2020 to avoid dipping below the 4.5% it paid in 2008 — its lowest on record in the past 12 years. Going by the RM37.83 billion net investment income that the...
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).
January 17, 2021
These families face severe cash flow problems to the extent they do not have food for their next meal.
January 14, 2021
Despite the negative impacts of Covid-19 on the economy since last March, the dividends for the Employees Provident Fund (EPF) could be higher than
January 14, 2021
He used some of his i-Sinar withdrawal to build the humps.
January 12, 2021
Following similar decisions by big banks, the Consumer Bankers Association and Mortgage Bankers Association said they will halt all political contributions to elected officials as some lawmakers face harsh criticism for comments that incited the storming of the U.S. Capitol.
January 11, 2021
Paper giant APP failing its own sustainability goals, report alleges A new report urges bank and buyers to stop doing business with Asia Pulp & Paper (APP), one of the world’s biggest paper producers, for its alleged failure to uphold its own sustainability commitments. The report, by the Environmental Paper Network (EPN), a coalition of NGOs, lists a litany of violations — from destruction of tropical peat ecosystems to the prevalence of burning to persistent community conflicts — associ...
January 10, 2021
The National Association or Realtors new ban on "hate speech" extends beyond work activities into its 1.4 million members private lives.