New EPF measures to benefit over 2.3 million Malaysians, including two million foreign workers

PETALING JAYA: The new Employees Provident Fund (EPF) measures are expected to benefit over 2.3 million people in Malaysia including two million foreign workers, says the Employees Provident Fund (EPF). Mechanisms are still being worked out on mandatory foreign workers’ contributions to the fund as well as the intergenerational transfer of wealth as proposed in the...

UK pay growth cools, keeping BoE on track for another rate cut

LONDON: British pay growth cooled in the three months to July to a more than two-year low and employment shot higher, according to data on Tuesday which is likely to keep the Bank of England on track to cut interest rates again before the end of the year. British average weekly earnings, excluding bonuses, were 5.1%...

Military procurement personnel to be rotated every three years to prevent misconduct, says Khaled

KUALA LUMPUR: Parties involved in the procurement of military assets and the construction of military facilities will be rotated every three years to prevent misconduct, including corruption, says Datuk Seri Mohamed Khaled Nordin. Without providing further details, the Defence Minister stated that those involved in military asset procurement will not remain in their positions for long...

Govt reviewing logistics vehicle replacement policy to enhance road safety, says Loke

REMBAU: The Transport Ministry is reviewing the policy on the replacement of vehicles used in logistics services to improve road safety, says Anthony Loke. "We want to encourage the purchase of new lorries," the Transport Minister told a press conference here on Monday (Aug 12). "A more comprehensive policy will be introduced to guide the private sector,...

Stay objective over new DLP guidelines, Fadhlina urges

PETALING JAYA: Everyone must remain objective over the recently introduced Dual Language Programme (DLP) guidelines, says Fadhlina Sidek. The Education Minister said that the implementation must adhere to the "Upholding Malay Language and Strengthening Command of English (MBMMBI)" policy, and work towards achieving the nation's goals. "We should not compromise students' right to learn Mathematics and Science...

No discount for JPJ summonses, says Loke

KUALA LUMPUR: The Transport Ministry is not offering discounts for the Road Transport Department (JPJ) summonses to educate the people. Transport Minister Anthony Loke Siow Fook said the ministry has been practising the policy of not giving discounts since 2018, when he was heading the ministry. "We want to send a message to the public that the...