Search result for: "EPF"

KUALA LUMPUR, Malaysia-As early as 2018, I had called for a fundamental change from a minimum wage system to a living wage model.

KUALA LUMPUR, Malaysia-The Center for Market Education (CME) is not impressed with the freshly re-tabled budget 2023, the first big step for the coalition government run by Anwar Ibrahim.

KUALA LUMPUR, Malaysia-The 2023 Budget will be tabled, belatedly, on 24th February 2023. It was initially tabled in late October 2022 as is the normal practice.

KUALA LUMPUR, Malaysia--Prime Minister Datuk Seri Anwar Ibrahim announced that the previous Perikatan Nasional (PN) administration had allegedly misappropriated tens of billions in ringgit in violation of proper procedure. The Center to Combat Corruption and Cronyism (C4 Center) is horrified at these revelations and demands that investigations are undertaken thoroughly, and transparently and that those found responsible should be swiftly brought to justice.

KUALA LUMPUR, Malaysia--Prime Minister Datuk Seri Anwar Ibrahim at a press conference after his first Cabinet meeting on 5th December, announced that he has ordered the authorities to investigate claims that “RM600 billion of government funds have been misappropriated by the previous government”. 

Law minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar has been in the news a lot recently but unlike many other politicians who are the subject of media coverage

KOTA KINABALU, Malaysia--Amanah Saham Nasional Bhd (ASNB), the wholly-owned unit trust company of Permodalan Nasional Bhd (PNB), has declared an income distribution of RM882.49mil for Amanah Saham Malaysia 2 - Wawasan (ASM 2 Wawasan) for the financial year ended Aug 31, 2022.

KUALA LUMPUR, Malaysia--When it was reported that Pembinaan PFI Sdn Bhd had racked up debts close to RM50bn in 2018, this issue had the makings of a major scandal.

BANGKOK, Thailand--Malaysia is currently suffering multiple crises, all at the same time.

BANGKOK, Thailand--There has been much discussion about the existence of a deep state within Malaysia. This essay looks at its components. The deep state is not a unified and coordinated mechanism. It is heterogeneous and diverse. It is probably only bound together by a common narrative, sometimes interpreted differently. At different points of time, different aspects of this deep state exercise more power over the others. Other times, there is even conflict between the various elements.

KUALA LUMUR, Malaysia--The Institute for Democracy and Economic Affairs (IDEAS) and the Center for Market Education (CME) express concerns over the limited debate surrounding issues of political economy and the long-term consequences of implemented policies.

KUALA LUMPUR, Malaysia--Recent data showed that 77 per cent of the total employed persons in Malaysia falls under the category of employees.

BANGKOK, Thailand--Over the last six months the prices of everyday staples have been on the rise. Now some markets are beginning to see chronic shortages of items like chicken. 

KUALA LUMPUR, Malaysia--The government is among the worst employers as far as its lower-rung contract workers are concerned. The misery of over 200,000 contract cleaners and security guards at the premises of the two largest employers, the Health Ministry and the Education Ministry, is testimony to this.

KUALA LUMPUR, Malaysia--Later today, the Finance Bill 2021 will be debated in parliament. This bill proposed amendments to a number of financial acts including the Income Tax Act 1967 where the tax exemption on Foreign Sourced Income (FSI) which has been in place since 2004 will be withdrawn.