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January 8, 2021
Golden Agri-Resources Provides Sustainable Food Supply amid COVID-19 INDONESIA, 7 January 2021 - COVID-19s impact continues to be felt, especially among vulnerable parts of in rural Indonesia where food security and income generation have been put at risk by the pandemic. In response, leading palm oil-based agribusiness, Golden Agri-Resources (GAR), has increased focus on food security and livelihoods programmes to support communities where the company operates. During the COVID-19 pandemic, we...
January 7, 2021
Wednesday, 06 Jan 2021 07:56 PM MYT The Employees Provident Fund (EPF) logo is seen at its headquarters on Jalan Raja Laut January 22, 2020. — Picture by Hari Anggara Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, Jan 6 — The Employees Provident Fund (EPF) has approved 2.5 million out of 3.88 million applications for i-Sinar under Category 1, involving withdrawals totalling RM19.62 billion as at January 4, 2021. In a statement today, EPF sai...
January 7, 2021
Malaysia’s EPF approves almost $5 billion in hardship withdrawals Bloomberg The Petronas Towers in Kuala Lumpur. Malaysias public retirement program is allowing hardship withdrawals in reponse to the pandemic. Malaysias Employees Provident Fund approved 19.6 billion ringgit ($4.8 billion) in hardship withdrawals under a program announced in mid-November allowing participants hit hard by the coronavirus pandemic to tap their retirement accounts. That total amounted to just over 2% of the Kuala...
January 6, 2021
LETTER | Raising the bar for retirement Modified6 Jan 2021, 12:36 am A - LETTER | It does not take a rocket scientist to understand the concept of life after retirement, especially in today’s context. As has been reported numerous times in our daily press with various headlines regarding “rising inflationary costs and longer lifespans”, the average Malaysian begins to wonder if she/he can officially retire at the “comfortable” age of 60. If we add Covid-19 to that equation, mandatory ...
January 6, 2021
KUALA LUMPUR (Jan 6): The Employees Provident Fund (EPF) has approved 2.5 million out of 3.88 million applications for i-Sinar under Category 1, involving withdrawals totalling RM19.62 billion as at Jan 4, 2021. In a statement today, EPF said the first months payout amounting to RM10.07 billion would be made in stages beginning Jan 5, 2021. “A majority of the remaining 1.4 million submissions which have yet to be approved falls under the criteria outlined under Category 2, which will open for...
January 6, 2021
From A DESPERATE CITIZEN Kuala Lumpur.
January 6, 2021
Copy URL EPF says category 2 applicants should prepare documents, such as official payslips (which details total salaries, including overtime and commissions) and/or bank statements for uploading onto i-Sinar online. – The Malaysian Insight file pic, January 6, 2020. THE Employees Provident Fund (EPF) has approved 2.5 million out of 3.88 million applications for i-Sinar under category 1, involving withdrawals totalling RM19.62 billion as of Monday. EPF said in a statement today that the fir...
January 1, 2021
YOURSAY | What ‘kamikaze’ are you talking about, Puad? Modified31 Dec 2020, 11:21 pm A Who is Umno supreme council member Puad Zarkashi expecting would sacrifice their positions and benefits? Who would give up lucrative positions and hope for some of the RM300 billion federal budget to come their way? Only a fool would. What ‘kamikaze’ are you talking about, Puad? ‘Kamikaze’? Umno committed suicide the moment it got Budget 2021 approved. It committed suicide the moment it put hundre...
December 28, 2020
NOT many — not even billionaires — would willingly give up money, let alone professionals or retirees who are perhaps only a notch or two better than middle-income wage earners who may not be able to afford to retire. So, there is understandably keen interest in whether the Employees Provident Fund (EPF) will implement tiered dividends. Those watching this space are not just the EPF’s 14.8 million members — particularly those who might be negatively affected by it — but also those who...
December 25, 2020
KUALA LUMPUR: Employee Provident Fund (EPF) contributors who intend to use the i-Sinar scheme should be wary of scammers, says Comm Datuk Zainuddin Yaacob.