Modify EPF withdrawal policy, experts say
WHILE there is a need for the Employees’ Provident Fund (EPF) withdrawal policy to be changed to support the current retirement age of 60, it should be flexible for all contributors, financial planners and economic experts said. They urged the government to adopt a “soft landing” approach instead of a “one-size-fits-all” policy.
Experts warn of resurgent Covid threat amid public complacency
MALAYSIANS should remain wary of Covid-19, because cases could continue to rise if they ignore precautionary measures, health experts said. Epidemiologist Dr Vinogiri K.S. said people are now taking the threat of Covid-19 too lightly.
Rate-hike fears keep stocks rangebound
EUROPEAN and US stocks moved little yesterday as investors awaited more company earnings and worried that central banks may keep raising interest rates for longer than expected. In Europe, London’s FTSE 100 rose but the Paris CAC 40 ended lower after striking a fresh record-high at 7,552 points earlier in the day.
Brazil defender Dani Alves back in court over rape allegation
BRAZIL defender Dani Alves was back in court yesterday to testify before the judge investigating a rape allegation made by a woman in Barcelona for which he has been remanded in custody. The 39-year-old, who has been remanded in custody since January 20, appeared in court at his own request, giving a brief statement to […]
No solution in sight to supply crisis, say Sabahans
KOTA KINABALU: Basri Jawab has an apartment in Taman Puncak Manggatal near here, where he lives with his wife and three children. Read full story
‘Red flags but bank never lodged reports’
KUALA LUMPUR: A former Singaporean banker told the High Court that there were obvious red flags in relation to 1Malaysia Development Berhad (1MDB) transactions in BSI Bank, but the bank never filed any suspicious transaction reports (STR) to the Monetary Authority of Singapore (MAS). Read full story
Two convicted escapees sentenced to eight months’ jail
KULAI: Two convicted Indonesians who escaped while being transported to Ledang prison recently were sentenced to eight months’ jail by the Magistrate’s Court here. Read full story
Not just a ‘pipe dream’
PETALING JAYA: From dry taps to drying dams, Malaysians have had to deal with a number of water-related problems. Read full story
Public urged to store water as demand will peak near Aidilfitri
KOTA KINABALU: The people here have been advised to store water to cope with demand during the Hari Raya Aidilfitri period amid peak demand by consumers on the west coast of the state, says Deputy Chief Minister (III) Datuk Shahelmey Yahya. Read full story
Local horror film at Cannes
PETALING JAYA: Malay-language horror film Tiger Stripes will be showcased at this year’s Cannes Film Festival, having been selected for the Cannes International Critics’ Week. Read full story