‘More spending power for Raya’


PETALING JAYA: The special Employees Provident Fund (EPF) withdrawal and increments to the nation’s minimum wage will lead to better spending power for the public, say economists.

Sunway University economics professor Dr Yeah Kim Leng said the special withdrawal of up to RM10,000 had increased spending power especially of those from the lower and middle income households.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Krishnan Tan confirms full cooperation with MACC probe into IJM
Tabung Amanah Sultan Kedah aims to strengthen targeted welfare support, says Raja Muda
Three arrested for drink driving in Kluang
German luxury cruise ship AIDAdiva makes maiden call at Penang port
Bersatu disciplinary board used to stifle dissent, says sacked leader
Melaka's dengue fatality rate exceeds Health Ministry's threshold
Zamri Vinoth among two remanded after anti-illegal temple rally
Don't be victims amid rise in bogus welfare home cases
Foreigners nabbed for stealing car batteries, workshop items, say Kluang cops
Caf� fight leads to 10 arrests in Jinjang

Others Also Read