Second chance policy helps 142,510 people overcome bankruptcy 

China Press headlined that Finance Minister II Datuk Seri Amir Hamzah Azizan reported that as of July 19 this year, a total of 3.4 million Employees Provident Fund (EPF) members under the age of 55 had withdrawn from their third account (flexible account), amounting to RM8.9 billion.

Penang Chief Minister Chow Kon Yeow hopes that Kedah Menteri Besar Datuk Seri Muhammed Sanusi Md Nor will acknowledge that Penang is an independent state, with its status protected by the Federal Constitution, reported Kwong Wah Daily. 

Following the appearance of videos on TikTok offering illegal adoption services, the Penang Social Welfare Department swiftly raided a residence in Seberang Jaya, Penang, based on the location shown in the account, reported Guang Ming Daily. 

However, they found that the location was merely a residential home housing seven people.

Nanyang Daily front-paged that the government’s second chance policy has successfully helped 142,510 people overcome bankruptcy issues, exceeding the initial target of 130,000.

With just one week left until e-invoicing measures are enforced, the Inland Revenue Board has announced that no extensions will be granted to companies, making compliance with the first phase compulsory, reported Sin Chew Daily. 

Editorial

Nanyang Daily said that United States (US) Vice President Kamala Harris showcased her youthful energy during her first campaign event, emphasizing her background as a prosecutor in stark contrast to former president Trump’s criminal status. 

The daily added that US stock markets have shifted from optimism to caution due to the added uncertainty of the election.

Sin Chew Daily said that the government is determined to amend and improve laws to address online bullying with stricter regulations by mandating social media platforms to help manage online abuse, maintain online order, and protect the public’s safety and property, reflecting a people-centred approach.