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Other Sport

FAM will ban teams who don't pay dues

The FA of Malaysia (FAM) warned State FAs to pay up or stay out of the Premier League next season.

Business

Maybank signs deal to accept EPF contributions through websites

MALAYAN Banking Bhd (Maybank) has sealed an agreement with the Employees Provident Fund (EPF) for the bank#039;s customers, whether individuals or companies, to make their EPF contributions through its Internet banking websites, Maybank2u.com and Maybank2e.net.

Business

Priming a pump

THE government plans to pull on the pump. The objective is simple #8211; to mitigate the risks in the external environment by creating adequate domestic growth drivers.

Letters

Unqualified lecturers under criticism

From the Malay Press: Terengganu, which reportedly allowed two lecturers to work at the Kolej Agama Sultan Zainal Abidin (Kusza), despite not having even an SPM qualification, was criticised by the State Umno in the Malay mainstream papers.

Business

EPF contributions grossly insufficient for retirement needs

YESTERDAY, I commented that the 10.5 million members of the Employees Provident Fund (EPF) must be prepared to receive relatively low dividends (between 4% and 5%) on their contributions for the next few years.

Nation

Low-wage EPF members may pay more to meet retirement needs

The Employees Provident Fund (EPF) is considering introduction of a two-tier contribution system under which lower-income members will contribute a higher percentage of their pay into the fund.

Letters

Workers need new skills for better wages

b>By V.K.Chin/b>

Business

Keys to boosting domestic growth

CIMB Research believes domestic demand-led growth rests on four key pillars: improved income distribution; good governance, transparency and accountability to help prevent misallocation of resources; financial stability; and improving the pricing and delivery system.

Nation

Cuepacs welcomes bonus and 2% EPF reduction

Cuepacs welcomed the reduction in employee EPF contribution from 11% to 9% and the half month#8217;s bonus payment to civil servants.

Business

Developers laud pro-active measures

DEVELOPERS have lauded what they describe as #147;very pro-active measures#039;#039; by the government to boost the housing and property sectors.