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EPF launches expenditure guide for households, app to track expenses online

PETALING JAYA: The Employee's Provident Fund (EPF) has launched the Belanjawanku mobile application to enable users to track their expenses online. ....

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Updates on labour trends

SUNGAI BULOH: The Salaries and Wages Report by the Statistics Department will be released on a quarterly basis starting next month, instead of annually, to address labour market issues. ....

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Advancing Malaysia's financial literacy agenda

THE Financial Education Network (FEN) held a two-day National Financial Literacy Symposium (NFLS) 2022, in conjunction with their annual financial literacy month (FLM) 2022, to discuss solutions surrounding financial literacy and inclusion to elevate Malaysians’ financial capabilities. ....

United Kingdom , Rahamat Bivi Yusoff , Datuk Abdul Rasheed Ghaffour , World Bank Group , Financial Education Network , National Strategies For Financial Literacy , Pensions Service United Kingdom , National Financial Literacy Symposium , National Strategy For Financial Literacy , Malaysian Economic Association , Behavioural Insights Team , Alliance For Financial Inclusion , Bank Negara Malaysia , Education Network , Perbadanan Insurans Deposit Malaysia , Financial Sector Blueprint , National Strategy , Financial Literacy , Financial Capability , Inclusion Demand Side , National Strategies , Stability Review , Tan Sri Dr Rahamat Bivi Yusoff , Financial Inclusion , World Bank , Digital Advertorial ,

Sharing of bank account passwords, PIN heightens risk of online fraud, Bank Negara cautions

KUALA LUMPUR, Oct 4 The sharing of bank account passwords or PIN numbers with close friends will increase the risk of online fraud, including being used knowingly or. ....

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Be vigilant of i-Sinar withdrawals

21 Feb 2021 / 20:48 H.
IN weathering the unprecedented pandemic crisis which does not appear to be ending anytime soon, people are trying to search for all avenues to make ends meet.
This includes the decision to use up savings under the Employees Provident Fund (EPF) which have been reserved for retirement. Although it is undeniable that empathy for the unfortunate is crucial during these trying times, there still needs to be control or vigilance over this initiative.
As known to nearly all, the idea of one-off withdrawals from EPF Account 1 started last year when it was mooted by some politicians.
It was considered and announced during the tabling of Budget 2021 as i-Sinar but implemented on a targeted basis, only for those who lost their jobs – RM500 per month with a total up to RM6,000 over 12 months. ....

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