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Increasing concerns over EPF withdrawals

THE latest withdrawal scheme of up to RM10,000 from the Employees Provident Fund (EPF) has drawn strong concerns on dwindling retirement funds. ....

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Avoiding a bankruptcy crisis | Daily Express Online - Sabah's Leading News Portal

THE ongoing Covid-19 pandemic could precipitate or trigger an extensive bankruptcy crisis in the near future. Unsurprisingly, the root cause of a possible mass insolvency is to be attributed to low savings in general – including in the EPF accounts – among some Malaysians, especially those aged between 30 to 45 years old.
This means that once the savings are exhausted, including in relation to the EPF accounts, the risk of bankruptcy arises or rises due to the inability to discharge pre-existing debt obligations and liabilities, let alone for self-sustenance ....

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COSATU  Central Executive Committee statement

Introduction The Congress of South African Trade Unions held a successful Central Executive Committee meeting from 22-24 November 2021 to discuss several issues affecting the workers, and the working class in general. The meeting was attended by the COSATU National Office Bearers, provincial leaders, and leaders of affiliated unions. ....

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