PENANG, 8 April 2009: DAP secretary-general Lim Guan Eng is urging Prime Minister Datuk Seri Najib Razak to adopt six reform measures in order to make the “One Malaysia, People First and Performance Now” concept work. Lim, who is also Penang Chief Minister, said Najib must first ban racial-based political parties that restrict membership to […]
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Govt measures to stimulate construction
BUKIT MERTAJAM, 30 Dec 2008: The government has implemented various mechanisms to stimulate the growth of the construction industry during the world economic slowdown. Housing and Local Government Minister Datuk Seri Ong Ka Chuan said the housing loan repayment period had been extended to enable buyers to pay less monthly. State governments have been urged […]
Govt suggests 3% cut on employee’s EPF contribution
KUALA LUMPUR, 4 Nov 2008: In a move to put more disposable income in workers’ pockets, the government will allow workers to reduce their Employees Provident Fund (EPF) contribution by three percent for two years beginning 1 Jan 1 2009. Currently, employers contribute 12% to EPF while the employees contribute 11% of their salary to […]