THE Employees Provident Fund (EPF) will not be raising the eligible age for contributors to make a full withdrawal of their savings. The Malaysian Insight reports: It said it has taken note of the World Bank’s suggestion to gradually raise the age when members can make a full withdrawal of their retirement savings from 55 […]
Monthly Archives: June 2020
Shafee laments on draconian law used to recover tax arrears
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Datuk Seri Najib Razak’s lawyer today argued against the Inland Revenue Board’s (IRB) attempt to obtain a summary judgment in its RM1.69 billion tax arrears suit against the former prime minister without going through a full trial. The New Straits Times reports: Tan Sri Muhammad Shafee Abdullah said the application by the IRB to get […]
Electricity bills: Three months’ free for domestic low power users, RM77 discount for others (updated)
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The Government has announced an additional RM942mil in discounts and rebates for domestic users’ electricity bills. The Star reports: Energy and Natural Resources Minister Datuk Dr Shamsul Anuar Nasarah said the Bantuan Prihatin Elektrik Tambahan is on top of the existing discounts on Tenaga Nasional Bhd (TNB) electricity bills announced during the government’s economic stimulus […]
Patrick Teoh to be charged in Johor court tomorrow over alleged TMJ Facebook slur
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Actor and former radio announcer Patrick Teoh will be charged in a court in Johor tomorrow. The Malay Mail reports: He stands accused of allegedly insulting the Tunku Mahkota of Johor, Tunku Ismail Sultan Ibrahim and the Johor royal institution in a Facebook post. The Malaysian Insight reported Teoh as confirming the news but declining […]
Socso CEO explains how Penjana aids employers, employees
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Social Security Organisation chief executive officer Datuk Seri Dr Mohammed Azman Aziz Mohamad explainshow its initiatives under Penjana will help employers and employees. The NST carries the story – QUESTION: The Wage Subsidy Programme (WSP) was announced in March as part of the Prihatin Rakyat Economic Stimulus Package to promote employee retention and reduce layoffs. […]
PM announces RM35 billion stimulus plan in latest bid for economic recovery
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Prime Minister Muhyiddin Yassin today unveiled a RM35 billion stimulus package to help the economy recover from the impact of Covid-19 and the subsequent movement control order (MCO), which saw the majority of businesses shut down for weeks under restrictions on public activities. Free Malaysia Today reports: Of this, RM10 billion will be in the […]
Socso: Job losses increase by 42pct in Q1
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Due to the Covid-19 pandemic, job losses in the country has increased by 42 per cent year-on-year for this first quarter (Q1 2020), according to the Social Security Organisation’s (Socso) Employment Insurance System (EIS). The New Straits Times reports: In a report titled Employment Outlook, the 1st Quarter of 2020, Volume 4/2020, The Impact of […]
Socso told to find ways to provide freelancers with safety net
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THE Human Resources Ministry has directed the Social Security Organisation (Socso) to find ways to protect freelancers in the event of unfavourable conditions. The Malaysian Insight reports: Minister M. Saravanan said flexible employment, such as online businesses and food delivery, has become a trend, especially among the younger generation, in today’s gig economy. “My stance […]
Asymptomatic Covid-19 positive individuals have low virus load, says Dr Noor Hisham
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Covid-19 positive individuals who are asymptomatic do not have the potential to infect others because they have a low “virus load” compared to those who are symptomatic, said Health director-general Datuk Dr Noor Hisham Abdullah. The Malay Mail reports: He, however, said that infectivity could occur two days before the affected individual showed symptoms. “So, […]