Exempt EPF contributions to save jobs


FOR people of my age (60 and above), we have experienced three recessions, one financial crisis and one coronavirus (SARS) epidemic in our lifetime. We are about to witness the biggest (three-in-one) economic disaster ever if the world is not able to contain the transmission of Covid-19 within three months.

Covid-19 is easily transmitted and has now spread to 173 countries. The only way to stop it is via social distancing, which means a lockdown – basically staying at home and closing businesses.

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