KUALA LUMPUR: Malaysia’s household financial assets remain robust, standing at 2.1 times more than total household debt, the Dewan Rakyat was told. This is despite debt levels reaching RM1.65 trillion, equivalent to 84.3% of the nation's gross domestic product (GDP), as at the end of March, said Deputy Finance Minister Lim Hui Ying. She added that while...
SANDAKAN: Kampung Sim Sim in Sandakan, one of Malaysia’s oldest water villages, is getting a lifeline after years of pollution. This week, the Federal Government allocated RM50,000 to support coastal and environmental cleanup efforts in the historic settlement, home to more than 7,000 residents and dating back to 1879. Located on the east coast of Sabah, Sandakan...
KUALA LUMPUR: A total of 872,000 or 10.2% of active Employees Provident Fund (EPF) members have made voluntary contributions amounting to RM9.39bil as of Aug 31 this year. Deputy Finance Minister Lim Hui Ying said members could contribute voluntarily to increase their savings, subject to a maximum amount of RM100,000 per year, effective June 1, 2023. "These...
BATU PAHAT: The Education Ministry is ready to meet with any party to clear up any misunderstanding on the implementation of the "Imam Al-Nawawi’s 40 Hadith" appreciation module in schools nationwide. Its Deputy Minister Lim Hui Ying (pic) said the confusion arose when some non-governmental organisations (NGOs) expressed their concerns over the implementation of the module,...
