Wage Subsidy 3.0

Wage Subsidy 3.0

One of the Malaysian government’s initiative to help businesses cope with headcount costs due to the Covid-19 pandemic since April 2020 was the Wage Subsidy Program (“WSP” or “PSU” which stands for Program Subsidi Upah); there was the original PSU and then a PSU 2.0....
What is EPF i-Sinar?

What is EPF i-Sinar?

On 2 December 2020, the Employees Provident Fund (“EPF”) announced the criteria and eligibility for a new scheme, i-Sinar. i-Sinar is an initiative that allows employees to prematurely withdraw their EPF savings in order to aid in cash flow during the difficult...