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Tuesday, 29 Jun 2021 11:59 AM MYT
Yesterday, Prime Minister Tan Sri Muhyiddin Yassin announced that under the EPF’s i-Citra facility, 12.6 million EPF members will be able to withdraw up to RM5,000 with a fixed payment rate of RM1,000 a month for five months, subject to the balance in their respective accounts. ― Reuters pic
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KUALA LUMPUR, June 29 ― The RM150 billion National People’s Well-Being and Economic Recovery Package (Pemulih) is seen to be a boon for many, especially for the M40 income group.
Among other things, the government’s latest economic stimulus package entails the continuation of the Employees Provident Fund (EPF) withdrawal facilities and loan moratorium, which means a lot for those with higher monthly commitments.
Published on: Wednesday, June 30, 2021
By: Bernama
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Kuala Lumpur: The RM150 billion National People’s Well-Being and Economic Recovery Package (PEMULIH) is seen to be a boon for many, especially for the M40 income group.
Among other things, the government’s latest economic stimulus package entails the continuation of the Employees Provident Fund (EPF) withdrawal facilities and loan moratorium, which means a lot for those with higher monthly commitments.
Dean of Universiti Utara Malaysia’s School of Economics, Finance and Banking, Professor Dr Russayani Ismail said although it would impact the savings of EPF members in the long run, at this point of time, the people’s livelihood is what matters most.
29 Jun 2021 / 12:09 H.
KUALA LUMPUR: The RM150 billion National People’s Well-Being and Economic Recovery Package (Pemulih) is seen to be a boon for many, especially for the M40 income group.
Among other things, the government’s latest economic stimulus package entails the continuation of the Employees Provident Fund (EPF) withdrawal facilities and loan moratorium, which means a lot for those with higher monthly commitments.
Dean of Universiti Utara Malaysia’s School of Economics, Finance and Banking, Professor Dr Russayani Ismail said although it would impact the savings of EPF members in the long run, at this point of time, the people’s livelihood is what matters most.