07Nov Oil price hits US$60 and automatic reduction in EPF contribution
The world oil price has been quite a yo-yo of late. As of this morning, it was reported that oil price is now at US$60.77, an all time low since March 2007. Markets around the world are also falling. Our KLSE is no different, as a quick check on the top counters today revealed most [...]
06Nov Would you contribute less to EPF?
With the latest proposal by the Government that employees can now opt to contribute 8% of their salary towards their EPF account versus the current compulsory rate of 11%, would you care to contribute the lesser amount? If you are keen to contribute less and therefore have more income in hand, I hope it is [...]
