Experts say ‘not ideal’ to rely solely on EPF savings for retirement
CONTRIBUTORS cannot just rely on their Employees Provident Fund (EPF) savings for their financial needs in retirement, a financial management and planning expert said. Wading into discussions on the recent EPF board disclosure that 97% of contributors aged 55 and below have not reached the ideal savings level of RM600,000 and are therefore unable to retire comfortably, […]
MACC probe will hurt Bersatu’s credibility, say analysts
THE Malaysian Anti-Corruption Commission’s (MACC) decision to freeze Bersatu’s bank accounts over allegations of money-laundering could ruin Perikatan Nasional’s (PN) chances in the upcoming state elections, political pundits said. They said damage would result from the public perception that Bersatu and PN had gained funds from illegal sources.
Sarawak minister pans DAP’s opposition to tallest flagpole project
DAP has criticised a proposal to build the country’s tallest flagpole on the north bank of Sungai Sarawak in Petra Jaya, said State Tourism, Creative Industry, Performing Arts Minister Abdul Karim Hamzah. He said the opposition party had in the past also objected to the construction of a RM31.89 million musical fountain on the waterfront.
US police nab 2 over execution-style killings
CALIFORNIA police investigating the gangland execution-style killings of six people, including a young mother and her baby, arrested two people yesterday. The arrests – one after a firefight with federal agents – came almost three weeks after gunmen burst into a home in rural Goshen, 280km north of Los Angeles, and shot dead members of […]
Khaled: Menu Rahmah in IPTs soon
KUALA LUMPUR: Efforts are underway to serve Menu Rahmah in higher learning institutions soon, says Datuk Seri Mohamed Khaled Nordin. Read full story
Double celebration brings windfall to small hotels
GEORGE TOWN: With two big celebrations taking place on Sunday, the smaller hotels here are in for a busy time. Read full story
MPs to show the way with public transport, says Loke
PUTRAJAYA: In a bid to promote and encourage the use of public transport, free shuttle bus services will be arranged between KL Sentral and Parliament to help lawmakers, staff and media personnel have a hassle-free commute to the august House during sittings, says Transport Minister Anthony Loke. Read full story
State assembly dissolution discussion on Feb 21
GEORGE TOWN: The discussion on dissolving six state legislative assemblies between Mentris Besar and Chief Ministers is expected to take place on Feb 21, says Penang Chief Minister Chow Kon Yeow. Read full story
Sarawak ministers in ‘dress down’ mode for years now
KUCHING: Prime Minister Datuk Seri Anwar Ibrahim may now be taking the lead in dressing less formally at work, but this has been the norm among some state ministers in Sarawak. Read full story
Late-night chats with Jho Low brought up in court
KUALA LUMPUR: A late-night discussion on the closing of three bank accounts belonging to Datuk Seri Najib Razak was held between a former AmBank relationship manager and fugitive businessman Low Taek Jho or Jho Low in 2014, the High Court here has heard. Read full story