Employees Provident Fund which known as EPF, is a retirement savings plan that managed by government. EPF is compulsory in Malaysia and it is contributes by 2 parties which is employees and employers. Employee can choose to contribute 9% or 11% every month; employer is 12% or 13%.
Based on the research and statistics shown in 31 March 2022, the EPF gross investment income of Q1 2022 is RM15.85 billions. EPF gross investment income had fall from RM19.29 billions recorded in Q4 2021 to RM15.85 billion. There was a huge difference of nearly 18% in between Q1 2022 and Q4 2021.
The experts say that there might be 2 reasons that causing EPF record lower gross investment income. The first reason is because EPF has been dragged down by a significant drop in global markets.
The second reason might be due to the last policy that allow RM10,000 withdrawal from EPF. As we known, this policy has result in total withdrawal of RM40.1 billion from EPF.
We hardly to say that this withdrawal is right or wrong. Some may be really need this fund to alive. However, mostly are just use this fund for entertainments.
Lastly, we would like to alerts everyone that we need to take care our country’s economy together! If will be win-win situations if we carefully care on it.
When self-care meets the timeless elegance of tea, you get CLEF’s Tea Core Series. Infused…
Ironing doesn’t have to be a chore. With the Gaabor Exquisite Electric Steam Iron, you…
Whether you’re traveling abroad, sealing business deals, or just vibing with your music, the Lenovo ERAZER XT66 PRO isn’t just another pair of wireless earbuds. It’s your translator, workout buddy, and daily companion all in one sleek device. Built with AI-powered translation, long-lasting battery life, and comfort-first design, the XT66 PRO is engineered to make your life easier — whether you’re on the go, in the office, or at the gym. 🌍 Why the XT66 PRO Stands Out Real-Time AI Translation ‒ Instantly translates 135+ languages with two-way accuracy ‒ Perfect for travel, global meetings, or casual conversations ‒ Works in headset-to-headset or headset-to-phone mode Battery That Lasts as Long as You Do ‒ Up to 13 hours on a single charge ‒ 90 hours total with charging case backup ‒ Stay powered through long trips or workdays Comfort You’ll Forget You’re Wearing ‒ Ergonomic, skin-friendly design for all-day comfort ‒ Stays secure even when running, jumping, or training ‒ IPX4 sweat & splash resistance — made for active lifestyles…
Whether you’re working from the floor, catching up on Netflix, or scrolling endlessly in bed,…
Whether you’re grinding through a 9–5, gaming into the night, or building your dream setup.…
Whether it’s a quick morning touch-up, a business trip, or post-gym cleanup, the Enchen Mini…
This website uses cookies.