Dr Wee questions unusually high EPF dividend payout-to-earnings ratio compared to previous years

PETALING JAYA: Datuk Seri Dr Wee Ka Siong has questioned the payout-to-earnings ratio of the Employees' Provident Fund's (EPF) dividend of 6.3% for 2024, with the total payout for conventional and syariah savings amounting to RM73.24bil. "The EPF dividend payout for 2024 accounts for 98.4% of the total earnings from EPF's investment profits throughout 2024, compared...

Rogue tenant demanding RM250,000 exit fee, claims owner

IPOH: A graphic designer is at her wits’ end after a former tenant refused to vacate a shophouse in Simee here. Leong Yoke Sum, 48, said the tenant, who rented the double-­storey shophouse to operate an eatery between 2013 and 2020, changed the locks to the place numerous times. Leong said she has lodged at least eight...

Utar Hospital officially launched by Sultan of Perak, features Western and traditional medicine, 350 beds

KAMPAR: Universiti Tunku Abdul Rahman Hospital here has been officially launched by Sultan of Perak, Sultan Nazrin Muizzuddin Shah. His Royal Highness was accompanied by Perak Mentri Besar Datuk Seri Saarani Mohamad, MCA president Datuk Seri Dr Wee Ka Siong, MCA vice-president Datuk Tan Teik Cheng and Berjaya Group Founder Tan Sri Vincent Tan Chee Yioun. The...

MCA to hold Chinese New Year open house on Jan 29

KUALA LUMPUR: MCA will host a Chinese New Year open house from 9am to noon on Jan 29 at Dewan San Choon in Wisma MCA, Jalan Ampang here. MCA secretary-general Datuk Chong Sin Woon said the party invited all ministers, deputy ministers, ambassadors, NGOs and various distinguished guests to the open house, which is also open...

Mahkota polls: Wanita MCA ready to work hard to ensure BN victory

KUALA LUMPUR: Wanita MCA plans to rally its members in Mahkota to ensure Barisan Nasional's victory in the upcoming Mahkota by-election in Johor on Sept 28, says Datuk Wong You Fong. The Wanita MCA chief said that MCA's 3,987 members, who are part of the 17.8% of the total Chinese voters in the constituency, would support...

PM Anwar chairs unity govt secretariat executive council meeting

PETALING JAYA: Prime Minister Datuk Seri Anwar chaired the third meeting of the unity government secretariat executive council for 2024 on Tuesday (Aug 27). MCA president Datuk Seri Dr Wee Ka Siong, who attended the meeting, said that various issues concerning national interests and public welfare were discussed at the meeting. "The Prime Minister has provided important...

Address technical, safety concerns surrounding MAG’s aircraft, MCA veep tells Loke

PETALING JAYA: Transport Minister Anthony Loke should focus on addressing safety concerns over the safety of Malaysia Airlines (MAS) aircraft instead of accusing Datuk Seri Dr Wee Ka Siong of creating panic, says Datuk Ir Lawrence Low (pic). In a statement on Tuesday (Aug 27), the MCA vice-president defended his party president, who had highlighted the recent...

PM Anwar chairs unity govt secretariat executive council meeting

PETALING JAYA: Prime Minister Datuk Seri Anwar chaired the third meeting of the unity government secretariat executive council for 2024 on Tuesday (Aug 27). MCA president Datuk Seri Dr Wee Ka Siong, who attended the meeting, said that various issues concerning national interests and public welfare were discussed at the meeting. "The Prime Minister has provided important...

Mahkota polls: MCA will rally behind BN candidate for ‘absolute victory’, says Dr Wee

PETALING JAYA: MCA will work tirelessly to ensure the Barisan Nasional candidate gets an absolute victory in the Mahkota state by-election, says Datuk Seri Dr Wee Ka Siong. The MCA president said a coordinated campaign was being planned to ensure an effective election machinery throughout the campaign period. "This was discussed during a meeting with Deputy Prime...

New scam targets those indebted to loan sharks, says Michael Chong

KUALA LUMPUR: Borrowing money from loan sharks is already stressful, but a new wave of deceit has emerged as scammers now attempt to intercept payments from victims to these illicit lenders. One such victim is a 36-year-old who wanted to be known only as Ah Chung, who lost RM1,000 to a scammer after borrowing money for...