Page 2 - Lestari Account News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Saturday, 27 Feb 2021 02:33 PM MYT The EPF ensured that employers were able to sustain their costs and continue to retain their employees by offering the Employer Covid-19 Assistance Programme, specifically targeted at small and medium enterprises. — Picture by Hari Anggara Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, Feb 27 — The Employees Provident Fund (EPF) said to date, a total of RM18.1 billion has been withdrawn by 5.16 million members under the i-Lestari facility, which was among the immediate measures undertaken by the fund amid...

IF the darkest hour is just before the dawn, things are looking pretty downbeat now, with the second round of the Movement Control Order (MCO 2.0) — which started out in five states and three federal territories on Jan 13 — expanded to the whole country except Sarawak until at least Feb 4.

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 EPF made in the first nine months of 2020 (9M2020), the provident fund should already have enough t...