Finance Ministry: RM10.78b withdrawn from EPF Account 3 as at Sept 30 Posted on 03/12/2024 KUALA LUMPUR, Dec 3 — A total of RM10.78 billion has been withdrawn from the Employees Provident Fund (EPF) Account 3 (Flexible Account) by members below 55, stated the Ministry of Finance (MoF). The ministry said in a parliamentary written reply yesterday that the sum involved 3.86 million or 29.4 per cent of EPF members below 55, as at September 30, 2024. Flexible Account or Account 3 was introduced to assist EPF members in managing short-term financial needs that could negatively impact their well-being in retirement if left unmet. “Funds in this account can be withdrawn at any time for any purpose according to the member’s needs, especially during emergencies,” according to MoF. The statement was in response to a question by Datuk Wan Saifulruddin Wan Jan (PN-Tasek Gelugor), who asked the MoF to clarify the effectiveness of EPF Account 3 in helping contributors facing urgent financial situations. The ministry also said that indirectly, withdrawals through the Flexible Account can improve cash flow and assist members in need, particularly in urgent situations. — Bernama News
Tragic blaze in Sandakan: Stroke victim dies in fire; brother suffers burns in desperate rescue attempt Posted on 17/11/2024 SANDAKAN, Nov 17 — A man suffering from stroke paralysis stroke was burned to death, while his brother sustained burns to his back when the house they lived in at Jalan Batu Sapi, Karamunting, caught fire earlier this morning. Sandakan Fire and Rescue Station (BBP) chief Severinus @ Mohd Nidzam… Read More
MP moots motorcycle e-hailing services to improve public transport connectivity Posted on 27/11/2024 Motorcycle e-hailing services are common in Indonesia and Thailand, but some parties had raised safety concerns over a similar service in Malaysia. (Bernama pic) KUALA LUMPUR: An MP has proposed that the transport ministry allow e-hailing companies to introduce motorcycle-based ride-hailing services as a solution to first-mile and last-mile (FMLM)… Read More
1 maut tembakan di kampus universiti AS Posted on 11/11/2024 Tangkap layar daripada video menunjukkan pihak berkuasa sedang menyiasat di lokasi tembakan di Universiti Tuskegee pada Ahad. (Gambar fail) HOUSTON: Seorang terbunuh, manakala 16 lagi termasuk pelajar cedera dalam tembakan di kampus Universiti Tuskegee, Alabama, Amerika Syarikat pada awal pagi Ahad, lapor Xinhua. Seorang remaja 18 tahun disahkan meninggal dunia… Read More