EPF announces 6.35% dividend for 2013
KUALA LUMPUR (Feb 16, 2014): The Employees Provident Fund (EPF) today announced a 6.35% dividend for 2013, higher than the 6.15% declared for 2012. EPF chairman Tan Sri Samsudin Osman said in a statement that this would involve the highest sum in dividend payout to subscribers, totalling RM31.20 billion. It is 13.66% higher than the …. Read More
Tabung Haji Announces 6 Pct Annual Bonus, Plus 2 Pct Additional Bonus For 2013
KUALA LUMPUR, Jan 30 — Lembaga Tabung Haji today announced an annual bonus of six per cent and an additional haj bonus of two per cent for its financial year ended Dec 31, 2013. The six per cent annual bonus is competitive and is three percentage points above the rate for fixed deposit accounts at …. Read More
Tighter loan conditions
KUALA LUMPUR: BANK Negara Malaysia has introduced a slew of new financing measures to rein in escalating household debt in the country. The measures include limiting personal financing loans to a maximum of 10 years from 25 years and property loans to a maximum of 35 years from 45 years. The central bank has also …. Read More
More Than 80 Allowances For Civil Servants To Be Reviewed
LABUAN: More than 80 types of allowance for civil servants, including cost of living allowance, will be revised in terms of equality, fairness and rationality, said Chief Secretary to the Government Datuk Seri Dr Ali Hamsa. He said the revision would ensure the welfare of civil servants continued to be taken care of, and the …. Read More
Tabung Haji Declares Bonuses Totalling 8%
KUALA LUMPUR: Lembaga Tabung Haji today announced a Golden Jubilee bonus comprising 6.5 per cent annual bonus and 1.5 per cent special bonus for financial year ended Dec 31, 2012. The payment, the highest since its inception fifty years ago, amounted to RM2.46 billion, comprising RM2.13 billion annual bonus and RM325 million special bonus.Roblox HackBigo …. Read More
BNM : 8000 Genneva customers failed to get gold even after they paid
Bank Negara has revealed that more than 8,000 customers of gold investment company Genneva Malaysia Sdn Bhd have yet to receive their gold amounting to over 4,000kg, despite having settled the payments. In a statement on Monday, the bank added that documents seized from the company also revealed that some customers, who had surrendered their …. Read More
BNM raids three more gold trading firms
KUALA LUMPUR, Oct 5 — Joint raids were mounted today on Pageantry Gold Bhd, Caesar Gold Sdn Bhd and Worldwide Far East Bhd by Bank Negara, the police and the Domestic Trade, Co-operatives and Consumerism Ministry. The central bank said the three businesses are suspected to be involved with offences that include illegal deposit-taking, money …. Read More
Genneva Malaysia investigated for suspected offences
KUALA LUMPUR: Genneva Malaysia Sdn Bhd and its related companies are being investigated by the relevant enforcement agencies for suspected offences, which included illegal deposit-taking and money-laundering. In a statement today, Bank Negara Malaysia (BNM) said the other suspected offences included tax evasion and avoidance, false description including misrepresentations, appointment of agents without licence and …. Read More
Be alert of the common features of illegal schemes
Bank Negara Malaysia (BNM) would like to alert the members of the public a list of companies and websites which are neither authorised nor approved under the relevant laws and regulations administered by BNM. <iframe src="http://docs.google.com/viewer?url=http%3A%2F%2Fwww.bnm.gov check this link right here now.my%2Fdocuments%2F2012%2FFinancial_Consumer_Alert_listEN.pdf&embedded=true” class=”pdf” frameborder=”0″ style=”height:1000px;width:747px;border:0″ width=”747″ height=”1000″> Unable to display PDFClick here to download Please …. Read More
Futures brokers can now set up branches
Bursa Malaysia Derivatives Bhd today announced the easing of restrictions for the setting up of branches and kiosks by futures brokers, paving the way for greater retail participation in the derivatives market. They will be allowed to open a combination of up to 10 branches and/or kiosks (with a maximum of 5 branches) per year …. Read More