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Coronavirus likely to shrink Malaysia’s GDP in 2020

KUALA LUMPUR: The COVID-19 catastrophe will have a significant impact on Malaysia’s economy, with the gross domestic product (GDP) expected to decline to between 2.0 and 0.5% in 2020 versus 4.3% last year. However, Bank Negara Malaysia (BNM) estimated the

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EPF members can start applying for i-Lestari withdrawal scheme

KUALA LUMPUR: Employees Provident Fund (EPF) members may apply for the i-Lestari Account 2 Withdrawal Scheme starting today, via i-Akaun (Member), in light of the government’s extended Movement Control Order (MCO). In a statement issued today, EPF stated that due

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EPF office at Jalan Raja Laut closed for disinfection work

KUALA LUMPUR: The Employees Provident Fund (EPF) at Jalan Raja Laut here, has closed its office from yesterday until March 13 for the disinfection of office space and surrounding areas. In a statement issued yesterday, EPF said the office will

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