Additional withdrawals of EPF can make members poor

KOTA BHARU: When it comes to the Employees Provident Fund (EPF), the pertinent question that is hotly debated now is whether or not to allow additional withdrawals. Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said additional withdrawals could result in the members being poor when they retire. He explained that this was due […]

New income poverty line to be announced soon

PUTRAJAYA: A new poverty line (PGK) based on the 2019 methodology with an actual representation of the country’s poverty level will be announced soon, said Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed. He said the Department of Statistics had conducted a survey on household income and expenditure, as well as basic […]