Zafrul: i-Sinar facility now open to all EPF members in need of aid

KUALA LUMPUR: The Employees Provident Fund's (EPF) i-Sinar facility is now accessible to all members who have lost their jobs, given unpaid leave, or have no source of income.

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz told the Dewan Rakyat today that the decision to widen eligibility for withdrawals was made after a meeting with EPF this morning.

"Whether you have lost your job or experienced pay cuts; whether your do formal work or are self-employed; whether you are an active member or not, you can apply for the i-Sinar facility.

"From the two million eligible members before this, now more than eight million members will be eligible," he said during his winding-up speech on the 2021 Budget in Parliament today.

Zafrul said the maximum eligible withdrawal amount has also been increased from RM9,000 to RM10,000.

"Members can apply for this online, or go to an EPF office. Just show proof of job loss or pay cuts."

During the tabling of the 2021 Budget, Zafrul had announced that the government would allow those who had lost their jobs or had their incomes reduced as a result of the Covid-19 pandemic to withdraw from their EPF Account 1.

Generally, eligible members would have access to 10 per cent of their savings in Account 1, subject to always having a minimum balance of RM10

Comments

How to start a drop shipping business?

As you probably know, AliExpress is an extremely popular retail platform, whose order volume exceeds that of Amazon and eBay combined. And AliExpress' prices are so low that you can multiply them by 10 and still have the best offers in your market. No wonder that so many online entrepreneurs are keen to start a drop shipping business with AliExpress. And today starting online dropshipping business is easier than ever. Because there is this AliDropship Plugin ! It's the unique WordPress based solution to assist with the creation of AliExpress drop shipping stores and easy importing of Ali products. You can have your own webstore built in minutes. This tool is so easy to manage, that even a kid can launch a drop shipping store with its help! Key benefits of AliDropship plugin: - Affordable price with no limitations - Fully compatible with WooCommerce - Simple and user-friendly interface - Easy product search and instant upload - Live stats and auto updating - Buil

Amazon Fire TV Stick - The Best Way To Watch

Amazon Fire TV Stick connects your HDTV to a world of online entertainment. With a huge selection of Bollywood, Hollywood and regional language movies, TV episodes, voice search that actually works, it’s the easiest way to enjoy Amazon Prime Video, Hotstar, Netflix, YouTube, Eros Now, Gaana, music, games and more. With instant access to your favourite subscription and streaming services like Amazon Prime Video, Hotstar, Netflix, YouTube, Eros Now, Gaana and more, you're sure to find something you love. Watch live TV (including sports and news) as it happens. Subscription fees may apply. Being an Amazon Prime Member unlocks thousands of Bollywood and regional blockbusters, Hollywood movies, US TV shows, kids’ shows and original shows created by Amazon. From award-winning Amazon Originals like Transparent and Mozart in the Jungle to great shows for kids like Tumble Leaf and Creative Galaxy, something is always on. Less searching, more watching. Speak into the Amazon Fire TV

Is there a cure for type 2 diabetes?

Source: Joshua Gonzalez | www.quora.com Radical diet can reverse type 2 diabetes, new study shows Low-calorie diet caused remission in 90% of trial patients who lost 15kg or more, even those who had been diabetic for six years, say researchers To find a naturopathic doctor in your area who can advise you on naturopathic treatments for diabetes, visit our Find a Doctor page. A radical low-calorie diet can reverse type 2 diabetes, even six years into the disease, a new study has found. The number of cases of type 2 diabetes is soaring, related to the obesity epidemic. Fat accumulated in the abdomen prevents the proper function of the pancreas. It can lead to serious and life-threatening complications, including blindness and foot amputations, heart and kidney disease. A new study from Newcastle and Glasgow Universities shows that the disease can be reversed by losing weight, so that sufferers no longer have to take medication and are free of the symptoms and risks. Nine out o

Why is Uber pulling out of Southeast Asia?

Uber is pulling out of Southeast Asia because Grab is both better funded, better managed, and better localized in the region. Grab was founded in 2012 by Anthony Tan and Tan Hooi Ling. The company is based in Singapore and it offers ride-hailing services in most Southeast Asian countries, serving 168 cities in that area. As of November 2017, Grab claims to have over 2 million drivers, 3.5 million daily rides, and more than 68 million downloads. In the past 6 years, Grab has become the main player in the region despite the major influence and recognition of Uber for three main reasons: money, management, and localization. In the deal to sell its branch in Southeast Asia, Uber will receive a 27.5% stake in Grab–worth $1.6 billion–and Uber’s CEO, Dara Khosrowshahi, will become part of Grab’s board of executives. Grab will assimilate Uber’s business in the region as well as subsidiary UberEats. Uber has previously withdrawn from regions in which it had tried to expand as a resul

Diabetes: Look after your teeth to look after your blood glucose

Researchers say that people with type 2 diabetes may improve their blood glucose levels by looking after their teeth. A new study highlights the importance of oral hygiene for people with type 2 diabetes, after finding that those with the condition may have better blood glucose levels if they look after their teeth. It is estimated that around 30.3 million people in the United States are living with diabetes. Type 2 diabetes is the most common form, and it accounts for 90–95 percent of all cases. Type 2 diabetes develops when the body's cells stop responding to the hormone insulin. This is a process known as insulin resistance. Blood glucose levels become too high as a result. Without effective management of blood glucose levels, a number of serious complications may arise, including nerve damage, or neuropathy, eye problems such as glaucoma and cataracts, and skin conditions. Previous research has also shown that there is a two-way link between type 2 diabetes and g

The Street Articles

Search This Blog