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Higher EPF Dividend for 2023

Mar 03, 2024

The EPF has announced a higher dividend for 2023.  

The retirement fund announced a payout of 5.5% for conventional savings, and 5.4% for Syariah savings.  

This is compared to its 2022 dividends of 5.35% for conventional savings and 4.75% for Syariah savings.  

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The government has agreed in principle to allow some prisoners to serve their sentences at home, to help reduce congestion in prisons.  

The Home Minister says the planned home detention will involve inmates sentenced to jail terms of 4 years or less.  

It's especially aimed at those who suffer from chronic illnesses, as well as the disabled, senior citizens, and pregnant women. 

Authorities will monitor the activities of home detention prisoners, with the use of gadgets like ankle bracelets. 

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The Domestic Trade and Cost of Living Ministry has launched an operation to make sure there are no unreasonable price hikes caused by the SST rate hike.  

The operation will cover all sectors affected by the new 8% rate. 

It will also keep tabs on sectors that maintain the old 6% rate, such as food and beverages.  

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