◉ HEADLINES

EPF Account 3

EPF Account 3: RM12.6 bil transferred, RM8.9 bil withdrawn since launch in May

Finance Ministry says economic impact of withdrawals minimal, projected amount for this year is RM15 bil

Account 3 withdrawals have no bearing on EPF’s investment strategy, says CEO

Retirement fund’s chief Ahmad Zulqarnain Onn says withdrawals manageable, predictable

With low wages and rising living costs, EPF Account 3 a relief for young workers

Scoop interviews several young working adults on reasons why they chose to open or withdraw from their Flexible Account after its launch on May 11

EPF starts ‘virtual queue’ amid high traffic over Account 3

Users face wait times on desktops, with smoother process when using the app

System maintenance on day of EPF flexible account launch

Members can fully access system tomorrow

◉ Popular

Worrying number of youth spending 18 hours on social media daily: MCMC 

The Malaysian Communications and Multimedia Commission has drawn attention to the substantial number of young individuals who spend extended periods online, expressing concerns about harmful aspects of specific social media platforms. 

Penang’s shores in peril: a deadly mix of climate change and coastal development”

Rising sea levels, erratic weather, and unchecked development are driving coastal erosion to alarming new heights in Penang, threatening both nature and livelihoods.

PayNet confirms DuitNow QR code transaction fee for merchants starting Oct 1

In a statement on the matter, PayNet, the operator of DuitNow QR, clarified that the fee follows the lifting of a waiver on the merchant discount rate, which is charged based on a percentage of the payment transaction value.