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288,000 EPF members register to contribute above the statutory 11 pct employee rate

288,000 EPF members register to contribute above the statutory 11 pct employee rate

Deputy Finance Minister Lim Hui Ying says contributors can increase their savings through voluntary contributions.
Thu Dec 19 2024
EPF for Migrant Workers: Malaysia seeks to align with global labour standards, boost investment competitiveness

EPF for Migrant Workers: Malaysia seeks to align with global labour standards, boost investment competitiveness

Malaysia's proposal to extend EPF contributions to migrant workers is being hailed as a strategic move to align with global labour practices
Wed Dec 18 2024
Consider This: EPF for Migrant Workers (Part 1) — Ensuring A Fair Share For All

Consider This: EPF for Migrant Workers (Part 1) — Ensuring A Fair Share For All

To mark International Migrants Day on the 18th of December, today we reflect on the millions of workers who have left their homes and families to cross borders in search of better opportunities. In Budget 2025 the Malaysian government unveiled a bold proposal to extend mandatory EPF contributions to non-citizen workers. The move is seen as a step forward in improving worker welfare and aligning Malaysia closer to international labour standards. But for business owners, the measure raises red flags about increased costs and potential economic impacts. On this episode of #ConsiderThis Melisa Idris speaks with Gopal Kishnam Nadesan, Secretary General of the Labour Solidarity and Learning Resources Association, which is a broad coalition of 58 Malaysian trade unions and worker organisations from various sectors.
Wed Dec 18 2024
Consider This: EPF for Migrant Workers (Part 2) — Ensuring A Fair Share For All

Consider This: EPF for Migrant Workers (Part 2) — Ensuring A Fair Share For All

To mark International Migrants Day on the 18th of December, today we reflect on the millions of workers who have left their homes and families to cross borders in search of better opportunities. In Budget 2025 the Malaysian government unveiled a bold proposal to extend mandatory EPF contributions to non-citizen workers. The move is seen as a step forward in improving worker welfare and aligning Malaysia closer to international labour standards. But for business owners, the measure raises red flags about increased costs and potential economic impacts. On this episode of #ConsiderThis Melisa Idris speaks with Professor Niaz Asadullah, Southeast Asia Lead of the Global Labour Organisation.
Wed Dec 18 2024
EPF launches Belanjawanku 2024/2025 and Retirement Income Adequacy Framework

EPF launches Belanjawanku 2024/2025 and Retirement Income Adequacy Framework

EPF's CEO says the RIAs recommended savings levels are from a single-tier savings benchmark to a three-tier savings framework.
Thu Dec 12 2024
Sejuta ahli KWSP buat caruman sukarela cecah RM11.16 bil setakat Okt 2024 - Amir Hamzah

Sejuta ahli KWSP buat caruman sukarela cecah RM11.16 bil setakat Okt 2024 - Amir Hamzah

Dalam tempoh sama, seramai 288,000 ahli aktif formal KWSP juga telah mencarum melebihi kadar berkanun iaitu 11 peratus.
Tue Dec 10 2024
[COLUMNIST] The cost of growing old: Rising medical costs and the insurance dilemma

[COLUMNIST] The cost of growing old: Rising medical costs and the insurance dilemma

Healthcare insurance premiums, meant as safety nets for access and financial relief, are now becoming increasingly inaccessible.
Sat Nov 30 2024
i-Lindung: RM44.2 mln withdrawn from EPF Akaun Sejahtera as of September 2024 - Lim

i-Lindung: RM44.2 mln withdrawn from EPF Akaun Sejahtera as of September 2024 - Lim

The plan allows EPF members to withdraw funds from their Akaun Sejahtera to purchase life insurance and critical illness coverage under.
Wed Nov 20 2024
AWANI Tonight 15 Nov 2024

AWANI Tonight 15 Nov 2024

AWANI Tonight with @_farhanasheikh

1. MAHB: Khazanah, EPF-led consortium make RM11 per share offer
2. Sri Lanka Election: President's party scores a landslide victory
Fri Nov 15 2024
AWANI Tonight: Khazanah, EPF-led consortium offer to take over MAHB

AWANI Tonight: Khazanah, EPF-led consortium offer to take over MAHB

A consortium led by Khazanah and the Employee Provident Fund (EPF) has made a formal takeover ofer for Malaysia Airports Holdings Berhad (MAHB) at RM11 per share.
Fri Nov 15 2024
Housewife loses RM82,175 to non-existent investment scheme

Housewife loses RM82,175 to non-existent investment scheme

The victim realises she has been deceived when she cannot withdraw the promised returns and is instead asked to pay an extra withdrawal tax.
Tue Oct 29 2024
New legislation on gig workers to ensure comprehensive welfare - DPM Ahmad Zahid

New legislation on gig workers to ensure comprehensive welfare - DPM Ahmad Zahid

The proposed legislation will be tabled by the Human Resources Ministry (KESUMA) in the current session of the Dewan Rakyat.
Mon Oct 28 2024
MDEC-funded digital games, status of five LRT3 stations among focus of Dewan Rakyat today

MDEC-funded digital games, status of five LRT3 stations among focus of Dewan Rakyat today

The current Dewan Rakyat session will sit for 35 days, concluding on Dec 12.
Mon Oct 28 2024
PM takes note over minimum wage, mandatory EPF contribution - Fahmi

PM takes note over minimum wage, mandatory EPF contribution - Fahmi

Any decision will probably be announced when PM winds up the debate on the budget for the Ministry of Finance later, says Fahmi Fadzil.
Sat Oct 26 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
Beri perhatian penuh kepada rakyat, pesan Tun Juhar

Beri perhatian penuh kepada rakyat, pesan Tun Juhar

Juhar berkata, tanpa sokongan dan kepercayaan rakyat, tiada kejayaan yang dapat diraih oleh Sabah sepanjang 14 tahun tempoh pentadbirannya.
Mon Dec 30 2024
Polis sahkan seorang OKT meninggal di lokap balai polis

Polis sahkan seorang OKT meninggal di lokap balai polis

Menurut Ketua Polis Kelantan, lelaki terbabit disahkan meninggal dunia oleh penolong pegawai klinik Kesihatan Pengkalan Chepa.
Mon Dec 30 2024
Presiden Indonesia arah tindakan terhadap amalan penambahan anggaran

Presiden Indonesia arah tindakan terhadap amalan penambahan anggaran

Beliau menyatakan, langkah pencegahan telah dilaksanakan untuk mengelakkan 'mark up', termasuk program pendigitalan untuk perolehan.
Mon Dec 30 2024
Thailand atasi cabaran hebat Filipina untuk ke pentas final

Thailand atasi cabaran hebat Filipina untuk ke pentas final

Pemain gantian, Suphanat Mueanta muncul wira pasukan Thailand apabila menjaringkan gol kemenangan pada separuh masa kedua masa tambahan selepas kedudukan agregat terikat 3-3.
Mon Dec 30 2024
Jasa Tun Juhar amat besar kepada Sabah - Hajiji

Jasa Tun Juhar amat besar kepada Sabah - Hajiji

Juhar menyaksikan pelbagai insiden di Sabah yang melibatkan kerencaman dunia politik, ekonomi, keselamatan, kesihatan dan pendidikan.
Mon Dec 30 2024
MEF lantik Sheikh Farouk sebagai CEO berkuat kuasa 1 Januari 2025

MEF lantik Sheikh Farouk sebagai CEO berkuat kuasa 1 Januari 2025

Persekutuan Majikan-Majikan Malaysia (MEF) melantik Sheikh Farouk Sheik Mohamed sebagai ketua eksekutifnya berkuat kuasa 1 Jan 2025.
Mon Dec 30 2024
Pos Felda Selatan bernilai RM1.8 juta tingkat keselamatan di sempadan Sabah

Pos Felda Selatan bernilai RM1.8 juta tingkat keselamatan di sempadan Sabah

Pewujudan Pos Imbangan Tentera Felda Selatan bernilai RM1.8 juta yang siap pada 27 Sept lepas dijangka mampu meningkatkan kawalan keselamatan di sempadan negara di Sabah.
Mon Dec 30 2024
Pelicot tidak akan rayu hukuman penjara 20 tahun atas kesalahan rogol

Pelicot tidak akan rayu hukuman penjara 20 tahun atas kesalahan rogol

Dominique Pelicot telah memutuskan untuk tidak mengemukakan rayuan terhadap keputusan yang dijatuhkan ke atasnya.
Mon Dec 30 2024
Indonesia kekalkan pengeluaran beras stabil meskipun hadapi cabaran El Nino

Indonesia kekalkan pengeluaran beras stabil meskipun hadapi cabaran El Nino

Menteri Pertanian Indonesia berkata, pengeluaran beras negara itu mencecah hampir 31 juta tan menjelang akhir tahun ini.
Mon Dec 30 2024
Terowong lebuh raya terpanjang di dunia selesai dikorek di Xinjiang

Terowong lebuh raya terpanjang di dunia selesai dikorek di Xinjiang

Terowong Tianshan Shengli, terowong lebuh raya terpanjang di dunia, selesai ditembusi pada pagi Isnin, membuka jalan kepada pembukaan jalan pintas baharu yang menghubungkan bahagian selatan dan utara Wilayah Autonomi Uygur Xinjiang China,
Mon Dec 30 2024