KUALA LUMPUR, Oct 1 — Malaysia's low-wage structure is a significant factor behind the Employees Provident Fund's (EPF) inadequate savings.

TAWAU, May 25 — A total of 2,745 Agro Madani Sales held between Jan 1 and May 12 has helped the people save RM16.8 million, said Deputy Agriculture and Food Security Minister Datuk Arthur Joseph Kurup.

KENINGAU, March 10 — The Agro Madani Sales programme was implemented in 1,227 locations nationwide, involving approximately 16,242 local entrepreneurs, from January to March 3 this year, and provided savings of RM7.87 million to the people.

KUALA LUMPUR, March 10 — The Defence Ministry, in partnership with the Armed Forces Fund Board (LTAT), has initiated a National Higher Education Fund Corporation (PTPTN) savings programme for primary one pupils who are the children of military personnel, to commence this year.

KUALA LUMPUR, Mar 3 —The Employees Provident Fund (EPF) has announced a higher dividend rate of 5.50 per cent for conventional savings for the financial year ended December 31, 2023 (FY2023), compared to 5.35 per cent in FY2022, resulting in a total payout of RM50.33 billion.

KUALA TERENGGANU, Feb 17 — Single civil servants are planning to save and invest the RM2,000 early incentive payment of the Public Service Remuneration System (SSPA) review that they will receive on February 23, unlike their colleagues with school-going children who probably would prioritise preparations for the new school term to start early March.

KUALA LUMPUR, Dec 9 — The National Higher Education Fund Corporation (PTPTN) expects the rate of dividend to be paid out for the National Education Savings Scheme (Simpan SSPN) for 2023 to be higher compared to last year.

KUALA LUMPUR, Oct 24 — The proposed implementation of the diesel subsidy rationalisation, as announced by Prime Minister Datuk Seri Anwar Ibrahim during the tabling of Budget 2024 on October 13, was among the focus of MPs during their debate in the Dewan Rakyat today.

KEPALA BATAS, Oct 8  —  Visitors are making the most of the last day of Minggu Saham Amanah Malaysia (MSAM) 2023, the biggest annual financial literacy carnival hosted by Permodalan Nasional Berhad (PNB), today, by getting more information on investment and savings.

KUALA LUMPUR, Oct 4 — Malaysia expects to save at least US$1 billion to US$2 billion a year from a shift to a targeted subsidy system in a bid to narrow its fiscal deficit, Bloomberg reported, citing Economy Minister Rafizi Ramli.

KUALA LUMPUR, Oct 3 — The government has been urged to introduce a reward system for Employees Provident Fund (EPF) members who consistently contribute to the voluntary contribution programme i-Saraan to address the issue of social protection coverage in the informal and self-employed segments.

PUTRAJAYA, June 23 — A total of 42 cluster hospitals were established within 10 years, involving 146 out of the 149 hospitals nationwide, said Health Minister Dr Zaliha Mustafa.

KUALA LUMPUR, March 9 — Lower starting salaries for those who began their careers before the implementation of the minimum wage in 2013 is among the factors contributing to Employees Provident Fund (EPF) members aged between 40 and 54 years having less than RM10,000 in savings.

SHAH ALAM, March 4 — The Employees’ Provident Fund (EPF) Board expects to obtain optimal returns for shariah savings if its assets are completely separated from conventional savings assets.

KUALA LUMPUR, June 21 — The Employees Provident Fund (EPF) will take a cautious stance to navigate the downside risks associated with the post-pandemic recovery and the war in Ukraine as it focuses on maintaining growth and rebuilding members’ savings.

KUALA LUMPUR, Nov 16 — Efficient use of electrical energy as recommended by the Energy Commission (ST) can save up to five per cent on the monthly household electricity bills, said ST Industry Operations director Ir Roslee Esman.

KUALA LUMPUR, Feb 10 — The National Higher Education Fund Corporation (PTPTN) has recorded deposits totalling RM1.99 billion in its National Education Savings Scheme (SSPN) in 2020, an increase of RM623.82 million or 45.58 per cent compared with RM1.37 billion in 2019.

KUALA LUMPUR, Jan 5 — Malaysia holds the view that the amount of compensation needed to be paid to Singapore for the termination of the Kuala Lumpur-Singapore High Speed Rail (HSR) project is much lower than S$270 million (RM820.88 million), said Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed.

KUALA LUMPUR, Nov 9 — The Malaysian Trades Union Congress (MTUC) has called on the government to consider its proposals involving Budget 2021, including the automatic implementation of the loan moratorium on borrowers from the B40 and M40 income categories.