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Ideas warns that the government’s recent decision to allow another withdrawal of up to RM10,000 from EPF savings risks leaving even more EPF contributors with insufficient savings once they reach retirement.
Focus
EPF withdrawals should be a last resort policy - Ideas
SHAH ALAM - The Institute for Democracy and Economic Affairs (Ideas) believes that the withdrawal of...
Lack of retirement savings could lead to social crises such as homelessness according to economists. - Picture courtesy of Johor Bahru City Council
Exclusives
Further EPF withdrawals could even lead to homelessness, warns experts
SHAH ALAM - It is extremely challenging to recoup retirement savings, especially monies from the...
Photo for illustration purpose only - Source: 123rf
National
Beware of EPF special withdrawal scammer - Police
KUALA LUMPUR - Police have warned people to not be fooled by a scam tactic involving the process of...
Ketum or its scientific name, Mitragyna specios - Source: 123rf
National
Decision to allow export of ketum should be made by Cabinet - Deputy IGP
KUALA LUMPUR - Any decision on allowing ketum leaves from this country to be exported to Thailand as...
6.3 million of 14 million contributors have lesser than RM10,000 in savings
National
Economists warn 'society of poverty' if early EPF withdrawal continues
SHAH ALAM: Two economists warned early retirement fund withdrawal would create a "society of...
Financial Expert, Professor Dr Mohamad Fazli Sabri said, contributors should make advance planning on how to utilise the funds before withdrawing their EPF savings. - Bernama Photo
National
Do not rush to take out EPF savings, cautioned financial expert
SHAH ALAM - An expert has recommended that Employee Provident Fund (EPF) contributors do not...
One of the factors was that the government was concerned about the difficulties faced by the people.
National
Five reasons why govt allows EPF special withdrawal
SHAH ALAM - Economic experts have laid out five main reasons why the government finally allowed the...
EPF says latest special withdrawal initiative of RM10,000 announced by the government on Wednesday, should be the last scheme.
National
This fourth special withdrawal should be the last - EPF
SHAH ALAM - The Employees Provident Fund (EPF) said the latest special withdrawal initiative of...
Photo for representational purpose only
National
Bosses against RM10,000 EPF blanket approval - MEF
SHAH ALAM - Bosses are saying that the RM10,000 special withdrawal from the retirement fund should...
BNM said the loss of confidence in the ringgit and domestic government bond market will result in a huge cost to Malaysia, especially as the country is part of the international financial market. - 123RF Photo
National
Policies, measures beyond Central Bank's mandate will dampen investors' confidence
KUALA LUMPUR - The implementation of policies and measures that go beyond Bank Negara Malaysia’s...
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Latest News
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Photo for illustration purpose only. Photo by 123RF
German tourists drowns while swimming in Pulau Perhentian
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Has the 'Young Sheldon' star embraced Islam?
Speculation has intensified following rumors circulating on social media alleging that Armitage, 15, known for having no religious beliefs, has converted to Islam.
Lawrence Wong sworn in as Singapore's fourth PM
Lawrence Wong (left) is sworn in next to President Tharman Shanmugaratnam and Chief Justice Sundaresh Menon at the Istana in Singapore. Photo by Edgar Su/AFP
Five-year-old boy harassed his twin due to sex addiction
Illustrative picture.
Underwear thief caught on camera in Balik Pulau, police seek public help
A woman lodged a police report yesterday, claiming that her undergarments had gone missing from the clothesline outside her house. - Screengrab from viral video
No cause for alarm over AstraZeneca vaccine withdrawal - Expert
Vials of the AstraZeneca/Oxford Covid-19 vaccine, also called Vaxzervria, destined for housebound patients, are pictured at Stubley Medical Centre near Chesterfield, central England on April 14, 2021. - Photo by AFP
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