The introduction of Account Three by the Employees Provident Fund (EPF) is expected to inject RM 40-50 billion annually into the economy, Nanyang Daily front-paged. It has the potential to revitalize stagnant consumer spending and offer a much-needed boost to the sluggish economy. Sin Chew Daily led with Public Service Department (PSD) director-general (DG) Datuk…
A video featuring Xiao Tao criticising the BN, claiming the people have lost confidence in Malaysia under their rule is an old video from 2022 election campaign in Kulai, said DAP national publicity secretary, Teo Nie Ching. “This video is not the latest video, nor is it Xiao Tao’s speech in Kuala Kubu Bharu. The…
Portland State University political scientist Bruce Gilley who created a controversy in Malaysia is thankful to his to academic partners in Thailand for helping him to leave Malaysia. “I am deeply grateful to my academic partners in Thailand for scrambling to get me out of Dodge. “I look forward to enjoying the academic freedom here….
Early this morning, a small aircraft took off from Sultan Abdul Aziz Shah Airport (LTSAAS) but was forced to make an emergency landing just two minutes later. Fortunately, both pilots emerged unscathed from the incident. “The aircraft took off at 8:26 am this morning, and shortly after, the Subang air traffic control tower received an…
Former Penang Chief Minister Lim Guan Eng has purportedly urged current Chief Minister Chow Kon Yeow to provide an account of how a lucrative multi-million ringgit integrated circuit (IC) design project slipped through Penang’s grasp and landed in Selangor. “Penang should have vied for the project in the first place,” he said, reported Free Malaysia…
All five Chinese dailies – China Press, Nanyang, Sin Chew, Kwong Wah and Guang Ming led with Employee Provident Fund (EPF) announcing the implementation of Account 3 effective, May 11. The dailies covered various aspects on the new account. Editorial Nanyang Daily zoomed on KL20 Action Plan that is part of a plan to make…
Berjaya Corp Bhd (BCorp) gained today after news broke out that Forest City will have a new casino. Turned out it wasn’t true.Prime Minister Datuk Seri Anwar Ibrahim had firmly denied the rumour. The short-lived rumour has a huge impact on the market. At 5 p.m., Genting’s stock closed at RM2.62, down 1.13% from Wednesday’s…
Chairman of the International Bureau AMANAH Youth National Mus’ab Muzahar challenges a political science professor from Portland State University named Bruce Gilley to address the ongoing Gaza genocide instead of making sensational claims. “Instead of making wild claims about a second holocaust, why not acknowledge the ongoing genocide in Gaza?” Mus’ab queried in a Facebook…
Currently, there are no plans to open a casino in Forest City, Johor, at least according to Prime Minister Datuk Seri Anwar Ibrahim. “Not true, not true. Casino licence… That’s a lie,” he said at the Madani Muhibbah Aidilfitri event in Putrajaya on April 25th, as reported by Free Malaysia Today. To emphasise his point,…
Starting May 11, members of the Employees Provident Fund (EPF) under the age of 55 will gain Account 3, expanding their retirement savings options beyond the existing two accounts. They will restructured into three categories: Akaun Persaraan, Akaun Sejahtera, and Akaun Fleksibel. After the effective date, Akaun Fleksibel will start with a zero balance, while…
