Government Policy

(Image: Bernama)

(Image: EPF)

On April 16th, the Malaysian Employee Provident Fund or EPF announced the upcoming rollout of a new account structure. Briefly, this new structure, poised for implementation in May 2024, involves the creation of a third account for all EPF members.

PADU stands for Pangkalan Data Utama, or Central Database Hub. You would have seen it being written or debated about it the news of late.

Husbands, here’s another way for you to financially support your wife for the future, with i-Sayang! This new financial programme under the Employees Provident Fund (EPF) allows husbands to voluntarily transfer their EPF monthly contributions to their wives EPF accounts for their welfare. 

Today (April 4), Deputy Health Minister Datuk Dr Noor Azmi Ghazali warned parents of Malaysia against bringing their children to Ramadan bazaars to avoid exposing them to Covid-19.

The special RM10,000 EPF withdrawal has been the talk of town over the last couple of weeks. Some are completely opposed to it, while some are prepared to withdraw funds from their EPF account with a goal in mind. Either way, we’re here to provide a step-to-step guide to applying for the withdrawal and all…

Over the last year, a dramatic increase in interest in Non-Fungible Tokens (NFTs) have created a global wave catapulting cryptocurrencies firmly into the minds of the youths, including in Malaysia. 

The Employees Provident Fund (EPF) has announced that all contributors below the age of 55 years old may start applying for the special RM10,000 withdrawal facility. The application starts from 1 April 2022 to 30 April 2022, while members will begin receiving payment from 20 April 2022.

If you’re a student who’s about to graduate, one of your biggest concerns would be your student debts/loans, if there are any. Ideally, once you start working, you’d like to clear off your loans bit by bit. But education isn’t cheap, and paying your loans off can take a while.  Now we’ve all heard of…