The Malaysian Pulse
Beat of the Nation
Mon, 23 Sep 2019, 10:52 AM
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Topic: EPF

The Borneo Post:
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Chong: MPKK comes about because GPS not cooperative
Chong (centre), flanked by DAP Sri Aman branch chairman Leon Jimat Donald (left) and his (Chong) special assistant Sim Kiat Leng, fields questions from the press.
The Edge Markets:
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How the public pension burden could bankrupt the country
KUALA LUMPUR (Sept 20): A reform of the civil service pension scheme has been studied for years but left on the backburner for fear of upsetting a sizeable vote bank.
The Star:
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Jalan Gasing EPF building to shut down
PETALING JAYA: The Employees' Provident Fund (EPF) building on Jalan Gasing here, which was partially destroyed in a fire last year, is now permanently closed.
Free Malaysia Today:
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EPF shuts down landmark PJ office in Jalan Gasing
PETALING JAYA: The landmark Employee Provident Fund (EPF) office in Jalan Gasing has been permanently closed, with service counters to resume operations at a new location by the end of the year.
EdgeProp.my:
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L&G to launch RM615m GDV developments next year
KUALA LUMPUR (Sept 18): Land & General Bhd (L&G) is planning to launch development projects with a combined gross development value (GDV) of RM615 million next year.
Malay Mail:
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'Overweight' calls by RHB Research on three sectors for Budget 2020
KUALA LUMPUR, Sept 17 — RHB Research has made “overweight” calls on the construction, non-bank financial institution (NBFI) and gaming sectors for the upcoming Budget 2020 on expectations that t...
Malay Mail:
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Report: EPF-held shares’ value slip RM8b since late June to RM150b
KUALA LUMPUR, Sept 13 — The Employees Provident Fund’s (EPF) saw the value of its 191 stocks decline from RM157.87 billion since late June to RM149.94 billion this Wednesday, a report has said.
The Star:
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Welfare state, not pensions
THE government’s decision to consider changes to the pension scheme for civil servants is a timely and positive move.The 1.6 million government employees and the more than half a million pensioners ...
Malaysiakini:
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Revoke pension scheme in favour of a welfare state
LETTER | The government's decision to consider changes to the pension scheme for civil servants is a timely and positive move.
LETTER | B40 | British | M40 | EPF | UN
theSun:
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Create private pension fund if abolishing current scheme, govt told
PETALING JAYA: A private pension fund should be set up as a replacement if the government intends to do away with its pension scheme for civil servants.
Free Malaysia Today:
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Is the pension scheme really too expensive to maintain?
I refer to the proposal to convert the civil service pension scheme to a contract scheme.
The Star:
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Pension, EPF, both require good management
I REFER to the proposal to convert the civil service pension scheme to a contract scheme.
Free Malaysia Today:
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Raising retirement age will have serious financial implications, say employers
PETALING JAYA: The country’s biggest employers’ group has welcomed the government’s rejection of a proposal to extend the retirement age to 65 as it would have serious financial implications on ...
Malay Mail:
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In debating retirement age, solve the retirement savings issue too — Mohammad Abdul Hamid
SEPTEMBER 7 — Amidst the ongoing debate regarding the retirement age extension, I would like to draw the attention of policymakers, politicians as well as the general public to one of the main issue...
The Edge Markets:
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EVENING 5: Five things you need to know today
Dirty dealings. Corporate battles.
The Star:
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EPF reports lower income in Q2 due to weaker market sentiment
KUALA LUMPUR: The Employees Provident Fund Board (EPF) recorded lower investment income of RM12.32bil in the second quarter ended June 30, 2019 due to the...
Malay Mail:
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MTUC seeks to meet PM, youth minister after both snub call to raise retirement age
KUALA LUMPUR, Sept 4 — The Malaysian Trades Union Congress (MTUC) has invited Prime Minister Tun Dr Mahathir Mohamad as well as Youth and Sports Minister Syed Saddiq Syed Abdul Rahman to discuss its...
Free Malaysia Today:
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Youth unemployment nothing to do with older people in workforce, MTUC tells Putrajaya
KUALA LUMPUR: The Malaysian Trades Union Congress (MTUC) is unhappy with the government’s refusal to raise the retirement age to 65 years, saying the prime minister should have listened to the pligh...
Malay Mail:
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Experts suggest flexi route to raising retirement age; employers want tax breaks
KUALA LUMPUR, Sept 3 — The proposal to raise the mandatory retirement age from 60 to 65 by the Malaysian Trade Unions Congress (MTUC) was timely but should be implemented in stages, said an economis...
The Star:
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RM500 for COLA, retire at 65
PETALING JAYA: MTUC has proposed for the government to introduce a minimum monthly RM500 cost of living allowance (COLA) for all workers and to increase the...
The Star:
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Budget 2020: MTUC wants RM500 living allowance, retirement at 65
PETALING JAYA: The Malaysian Trade Union Congress (MTUC) is proposing that the government introduce a monthly RM500 cost of living allowance (COLA) for all...
The Star:
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Let’s have a say on pay
IN essence, according to Section 230(1) of the Companies Act, 2016, fees and any benefits payable to the directors of a listed company and its subsidiaries shall be approved at a general meeting.
Free Malaysia Today:
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Retiring with healthy savings seems an impossible dream for many
Singapore Prime Minister Lee Hsien Loong recently announced that the country’s retirement age would be raised to 65 within three years.
Malaysiakini:
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Plus acquisition: Maju's offer 'appears attractive'
The Works Ministry said Maju Holding Bhd's offer to acquire Plus Malaysia Bhd "appeared attractive" and involved significant reduction in toll rates.
The Star:
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EPF’s i-Invest to attract members aged 40 and below
PETALING JAYA: The Employees Provident Fund (EPF) is banking on over one million members aged 40 years and below to transfer a portion of their savings in its Account 1 into unit trusts, with the introduction of the i-Invest online platform.
The Star:
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EPF's i-Invest gets mixed reactions from experts
PETALING JAYA: There have been mixed reactions from the experts on the Employees Provident Fund’s (EPF) move to encourage its members to invest a portion of their retirement savings into unit trusts via a simplified and cheaper online platform.
The Edge Markets:
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EPF members can start investing online in unit trust
KUALA LUMPUR (Aug 19): Employees Provident Fund (EPF) members can now invest in unit trust funds offered by EPF-approved fund management institutions (FMIs) through the self-service i-Invest online pl...
StarProperty.my:
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Sime Darby approves proposed takeover by PNB and EPF for Power Station building
Battersea Project Holding Company Ltd, has approved the proposed transaction involving The Power Station building.
kopiandproperty.com:
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Financial literacy will be great. Implementation is perhaps the issue, beyond just human greed.
A friend called. He said he has gotten involved with a financial product which has just started and as a friend, he must share with us.
Malaysiakini:
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Bernama to extend full cooperation for Finance Ministry probe
Bernama has taken note of the statement today by Finance Minister Lim Guan Eng for the Finance Ministry to investigate a claim that Bernama had used contributions meant for the EPF to pay the July sal...
theSun:
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Ministry orders probe into Bernama’s finances
GEORGE TOWN: The Finance Ministry today ordered an investigation into the Malaysian National News Agency (Bernama), following reports that the latter had to dip into staffs EPF allocation in order to ...
Malaysiakini:
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Kit Siang jeered over khat issue and 7 other things that happened yesterday
KINI ROUNDUP | Here are key headlines you may have missed yesterday, in brief. 1.
The Edge Markets:
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EPF sues Gets Global unit over payment arrears
KUALA LUMPUR (Aug 7): The Employees Provident Fund (EPF) is suing a subsidiary of Gets Global Bhd to recover RM708,938 of unpaid contributions.
Free Malaysia Today:
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EPF way to solve unpaid student loans
PETALING JAYA: After months of seeking public feedback on resolving the issue of unpaid student loans, the “best possible solution” has been found to the RM36 billion PTPTN debt mountain.
EdgeProp.my:
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MRCB bags RM150m contract to supply chilled water to office building in Kwasa Damansara
KUALA LUMPUR (Aug 3): Malaysian Resources Corporation Bhd’s (MRCB) subsidiary has bagged a chilled water supply contract worth an estimated RM149.54 million.
The Borneo Post:
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Advice not to engage unlicensed pest control operators
Liaw SANDAKAN: Concerned homeowners in the district recently raised the alarm on the presence of increasing numbers of Unlicensed Pest Control Operators (PCO) in Sandakan.
The Borneo Post:
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Do we ever really retire? Why some of us never do…
I remember as a boy in school in the 1960s that everyone’s expectation of a trajectory of living a good life is as follows: you go to school, study hard, sit for examinations hopefully to pass them ...
The Edge Markets:
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MRCB bags RM150m contract to supply chilled water to office building in Kwasa...
KUALA LUMPUR (Aug 2): Malaysian Resources Corporation Bhd’s (MRCB) subsidiary has bagged a chilled water supply contract worth an estimated RM149.54 million.
theSun:
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109,022 women, housewives registered with i-Suri up to June
KUALA LUMPUR: A total of 109,022 women including housewives have registered with the Suri Voluntary Incentive Scheme (i-Suri) up to June this year, according to Women, Family and Community Development...
The Borneo Post:
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109,022 women, housewives registered with i-Suri up to June
Hannah Yeoh – Bernama file photo KUALA LUMPUR: A total of 109,022 women including housewives had registered with the Suri Voluntary Incentive Scheme (i-Suri) up to June this year, said Women, Famil...
StarProperty.my:
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5 Steps to getting your finances in order to buy a property
A lot of people think they’re prepared to buy a house, but when it’s time to apply for a mortgage or home loan to help pay for their dream homes, they find out that they aren’t quite ready yet.
The Star:
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The timeline for retirement planning
THE question, “when should one plan for one’s retirement?” is often asked.
EPF | Care
The Star:
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A destination south of the Thames
THE air was still. Nothing moved. Only the sun shone.
The Star:
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GOF member nabbed for applying for RM5,000 loan with false documents
SIBU: A General Operations Force (GOF) member has been arrested for allegedly using falsified documents to apply for a personal loan from a licensed moneylender.
The Star:
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Vital to strengthen financial literacy, say experts
KUALA LUMPUR: One out of three Malaysians are not comfortable with their financial knowledge, while half of the population (52%) say they face difficulties raising even RM1,000 for emergencies.
The Edge Markets:
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Were the GST refunds stolen or not stolen?
KUALA LUMPUR (July 20): Finance Minister Lim Guan Eng and his predecessor Datuk Seri Najib Razak both claim to be vindicated by the 484-page report released by the bipartisan Public Accounts Committee...
Free Malaysia Today:
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Ex-Tamil daily employees claim still waiting for compensation
KUALA LUMPUR: About 40 former employees of Tamil daily Tamil Nesan which ceased operations in February lodged a police report today against the company for failing to provide monetary compensation as ...
theSun:
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Ministry needs three years to sort out highway issues
PENANG: The Works Ministry will need three years to streamline the management of highways in the country including ensuring the seamless payment system across the various roads managed by different co...
The Star:
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Check on unfair competition
Pertubuhan Pemandu Berasaskan Aplikasi Elektronik Malaysia (PPBAEM) welcomes the Transport Ministry’s decision to extend the enforcement deadline for new regulations by three months.
Malay Mail:
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E-hailing drivers call for discussions to formulate fare mechanism
PUTRAJAYA, July 13 — The Malaysian organisation representing electronic applications-based drivers (PPBAEM) today called on the Transport Ministry to establish a “discussion lab” involving relev...
Malaysiakini:
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E-hailing drivers call for discussions on fare mechanism
The organisation representing electronic applications-based drivers (PPBAEM) today called on the Transport Ministry to establish a "discussion lab" involving relevant parties with the aim of formulati...
Malaysiakini:
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Plus highway deal: Cabinet members on opposite lanes?
Maju Holdings Sdn Bhd's revived bid to take over Plus Malaysia Bhd – the biggest highway operator in the country – appears to be causing some friction in Putrajaya.
Malaysiakini:
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Najib: In the case of Plus, gov't 'compensating itself'
Former prime minister Najib Abdul Razak conceded that compensation had to be paid to Plus Malaysia Bhd for the removal of two toll booths in 2018 but said the money didn't go to private companies.
The Edge Markets:
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EPF, Khazanah oppose Plus acquisition by Maju Holdings - Guan Eng
EPF, Khazanah oppose Plus acquisition by Maju Holdings - Guan Eng
Free Malaysia Today:
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When outsiders weigh in on highway matters
Tolled highways come under the jurisdiction of the Malaysian Highway Authority (MHA), a government agency which reports to the Works Ministry.
Malay Mail:
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In tit-for-tat, Najib tells Tony Pua money from BN’s toll buyout went to public pockets
KUALA LUMPUR, July 11 — Barisan Nasional paid compensation to abolish two toll concessions as part of a buyout agreement that made the Batu Tiga and Sungai Rasau highways free, Datuk Seri Najib Raza...
kopiandproperty.com:
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OWING money and OWNING a home. Huh?
Staying in KL because one is working and needing a home here in the Klang Valley but could not get the loan approved because one was blacklisted in CCRIS because one was blacklisted by the PTPTN?
The Edge Markets:
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Battersea Power Station sales recovering after long delay
SINGAPORE/LONDON(July 10): The owners of London’s iconic Battersea Power Station are nearly back to where they were two years ago, before construction delays led some buyers to cash in their contrac...
Malaysiakini:
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A renting to own a home scheme worked for Hong Kong, can work in Malaysia
LETTER | The "Rent to own home" scheme is a very old concept and initiative used by the Hong Kong government in 1973 to help low-income families in the country to own homes when property prices had es...
theSun:
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Michael Chong advises public to prepare wills to avoid family strife
KUALA LUMPUR: Members of the public have been urged to prepare a will or nominate appropriate parties as beneficiaries to avoid confrontation and family disputes.
theSun:
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Battersea power station glass chimney developed by M’sian consortium, a must-see in 2021
LONDON: The iconic Battersea Power Station redevelopment project led by a Malaysian consortium will have a new glass chimney lift, which will offer visitors a 360-degree view of London’s skyline and...
Malay Mail:
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Malaysian-owned Battersea Power Station glass chimney a London must-see in 2021
LONDON, June 30 — The iconic Battersea Power Station redevelopment project led by a Malaysian consortium will have a new glass chimney lift, which will offer visitors a 360-degree view of London’s...
Free Malaysia Today:
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Maju puts in new bid to take over PLUS, says report
PETALING JAYA: Maju Holdings Sdn Bhd had put in a fresh proposal to take over PLUS Malaysia Bhd, The Edge reported.
Malay Mail:
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Mohamad Nasir named PLUS chairman
KUALA LUMPUR, June 28 — PLUS Malaysia Berhad (PLUS) has appointed former Employees Provident Fund (EPF) deputy CEO Datuk Mohamad Nasir Ab. Latif as chairman effective yesterday.
The Edge Markets:
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Aabar Investments ceases to be substantial shareholder of RHB
KUALA LUMPUR (June 27): United Arab Emirates-based Aabar Investments PJS has ceased to be a substantial shareholder of RHB Bank Bhd after disposing of 231 million shares, the bank said in a bourse fil...
Malaysiakini:
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A 40-hour work week better for workers
LETTER | Malaysian’s new government has progressively made a few changes for the betterment of the people as well as for the country.
The Star:
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Food delivery guys too reckless
PETALING JAYA: With more Malaysians ordering food online and through mobile phone apps, the speed involving how food delivery riders complete orders is posing huge safety risks.
Malaysiakini:
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Is CEO remuneration important when they have failed?
LETTER | As a retiree in Kuala Lumpur, thirty years of hard work has convinced me that I will never own a bungalow in Damansara Heights or expensive cars.
The Star:
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EPF a safer investment
IN the late 1990s and early 2000s, mutual fund companies used to declare dividends in double digits.
theSun:
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Drunk man who caused death of nasi lemak seller remanded for four days
KEPALA BATAS: A man who was arrested after the car he was driving ploughed through a nasi lemak stall, killing the seller and injuring her husband at Jalan Bertam Indah, here yesterday has been remand...
kopiandproperty.com:
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IATA: Government should own major airports
If you ask me, I think major infrastructure projects should be owned by the government or for the continuous income generating ones like PLUS, should be owned by statutory funds like our EPF.
EdgeProp.my:
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EPF records lower income of RM9.66b for 1Q19
KUALA LUMPUR (May 31): The Employees Provident Fund's (EPF) investment income for the first quarter ended March 31, 2019 (1Q19) dipped to RM9.66 billion from RM12.88 billion a year earlier.
The Edge Markets:
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EPF records lower income of RM9.66b for 1Q19
KUALA LUMPUR (May 31): The Employees Provident Fund's (EPF) investment income for the first quarter ended March 31, 2019 (1Q19) dipped to RM9.66 billion from RM12.88 billion a year earlier.
The Edge Markets:
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EPF confirms purchase of Sports Direct HQ for £120m
Flash: EPF confirms purchase of Sports Direct HQ for £120m
The Star:
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EPF reported to be buying UK's Sports Direct warehouse for RM562m
KUALA LUMPUR: The Employees Provident Fud (EPF) is reported to be buying UK's Sports Direct warehouse for £120mil or RM562mil.
PaulTan.org:
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AD: CIMB 1-Minute Auto Financing InstaApproval: car ownership within a minute – fast, secure, paperless!
Picture this – the car that you’ve been aiming to purchase now appears to be within reach.
The Edge Markets:
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EPF senior manager joins Astro's board
KUALA LUMPUR (May 17): Astro Malaysia Holdings Bhd has announced the appointment of an Employees Provident Fund (EPF) senior manager, Nurhisham Hussein, to its board as a non-independent and non-execu...
The Star:
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Housewife loses over RM30k to investment scam syndicate
KEPALA BATAS (Bernama): A housewife has lost RM34,892 after falling victim to an online investment syndicate, which promised a return of more than 10 times the original investment in just three days.
The Star:
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Old Socso portal was more efficient
I WOULD like to say a big thank you to Frustrated Assist User for raising the issues faced by employers and human resources personnel in using the Social Security Organisation’s (Socso) Assist por...
Free Malaysia Today:
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Don’t claim ignorance over toll concessions, Najib tells Mahathir
PETALING JAYA: Najib Razak today hit out at Prime Minister Dr Mahathir Mohamad over his “excuse” as to why Pakatan Harapan failed to abolish tolls as promised prior to the May 9 polls.
The Edge Markets:
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Baffling how PAS and Umno can join hands, Dr M says in Malaysia Baharu...
PUTRAJAYA (May 9): Prime Minister Tun Dr Mahathir Mohamad has called for politicians to stop using race and religious issues for their political interest, as Malaysia celebrates the first anniversary ...
Malaysiakini:
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i-Suri expanded to cover Orang Asli and East Malaysian native groups
The i-Suri incentive scheme will be expanded to include the Orang Asli community and indigenous people of Sabah and Sarawak.
The Edge Markets:
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EPF's I-Suri to be expanded to include Orang Asli community — Dr Wan Azizah
KUALA LUMPUR (May 7): Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail said the target group eligible for i-Suri will be expanded to include the Orang Asli community and indigenous people of ...
theSun:
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i-Suri to be expanded to include Orang Asli community: Dr Wan Azizah
KUALA LUMPUR: Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail said the target group eligible for i-Suri will be expanded to include the Orang Asli community and the indigenous people of Saba...
kopiandproperty.com:
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RM350,000 vs RM5,000 salary. Problem?
I really want to ask this question because again, I read about some experts’ comments in the media about property prices in Malaysia being way too high versus income.
Malaysia | Everyone | VACATIONS | SOCSO | EPF | Everyone | 35 | 35 | 000 | 500 | 000 | 30 | 000 | 000 | 000 | RM400 | RM1 | 000 | RM5 | 000 | RM6 | 000 | RM5 | 000 | RM1 | 500 | RM350 | 000
The Edge Markets:
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Leong Hup International eyes RM275m from IPO for expansion
KUALA LUMPUR (April 25): Leong Hup International Bhd, en route for a Main Market relisting on May 16, announced today it is aiming to raise funds of up to RM275 million from its initial public offerin...
Malay Mail:
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Retirees offer rich pickings for scammers, warn experts
KUALA LUMPUR, April 18 — The prospect of going into business after retirement may seem appealing to many people as it will keep them gainfully occupied.
The Star:
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Scammers targeting retirees in get-rich-quick schemes
KUALA LUMPUR (Bernama): The prospect of going into business after retirement may seem appealing to many people as it will keep them gainfully occupied.
The Star:
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Najib: I never blamed previous leadership for problems I dealt with
PETALING JAYA: The previous administration of Malaysia was never blamed for issues that cropped up when I led the country, says former prime minister Datuk Seri Najib Razak.
kopiandproperty.com:
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Timing to buy and advantages from HOC 2019?
In the beginning of 2012, the property market was full of excitement.
Free Malaysia Today:
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Sarawak giant firm says Taib and family have no control over it
KUALA LUMPUR: Sarawak’s Cahya Mata Sarawak Berhad (CMSB) today denied that the giant conglomerate is controlled by former Sarawak chief minister and current governor Abdul Taib Mahmud and his family...
The Star:
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EPF credits RM9.51m govt incentive payment to i-suri scheme
KUALA LUMPUR: The Employees Provident Fund (EPF) has credited the government-approved incentive payment totalling RM9.51 million to the accounts of Caruman Sukarela i-Suri members for 2018.
The Star:
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EPF, PNB not GLCs; only Khazanah, KWAP are: Shahril
KUALA LUMPUR: The Employees Provident Fund (EPF) and Permodalan Nasional Bhd (PNB) should not be classified as government-linked investment companies (GLICs) because their source of funds is money from their members and has nothing to do with the government.
Free Malaysia Today:
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Survey finds EPF guide doesn’t tally with real cost of living
KUALA LUMPUR: Malaysians are unable to keep up with the Employees Provident Fund’s (EPF) “Belanjawanku Expenditure Guide”, with the challenges lying in low incomes and high housing costs, a fina...
The Star:
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Malaysians unable to keep up with EPF spending guide: iMoney
KUALA LUMPUR: Malaysians are unable to keep up with the Employees Provident Fund’s (EPF) “Belanjawanku Expenditure Guide”, with the challenges lying in low incomes and high housing costs, said iMoney.my.
Malay Mail:
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EPF spending guide vastly understates real costs, finance portal argues
KUALA LUMPUR, April 4 — Recommended budgeting in the Employees Provident Fund’s (EPF) Belajawanku is unrealistic for unmarried Malaysians residing in Klang Valley, according to an iMoney survey.
Malay Mail:
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How to file your income tax when you are freelancing
KUALA LUMPUR, April 2 — Doing your taxes as a freelancer is not that hard to do, especially with this handy guide we’ve prepared for you!
Malay Mail:
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MITI to review newly appointed AP recipients
KUALA LUMPUR, March 29 — The International Trade and Industries Ministry (MITI) will conduct a detailed review on new companies receiving approved permits (AP) to import vehicles.
theSun:
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Most Malaysians debt-ridden from uncontrolled spendings
KUALA LUMPUR: A research by the Universiti Malaya Social Well-being Research Centre (SWRC) shows that the majority of the people of this country are burdened with debt due to uncontrolled spending.
Malay Mail:
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Malaysia income tax: An A-Z glossary
What’s the difference between chargeable income and taxable income?
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