_bnm-projects-limited-inflation-impact-from-epf-account-3-withdrawals-civil-servant-salary-rise.jpg "BNM projects limited inflation impact from EPF Account 3 withdrawals, civil servant salary rise from provident fund organisation india Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 10:0
👁 View: 3.2M times
✓ Published: 17-May-2024
👁 View: 3.2M times
✓ Published: 17-May-2024
Description:
The newly introduced withdrawals from the Employees Provident Fund's (EPF) Account 3 are expected to stimulate economic activity without significantly affecting inflation, said Bank Negara Malaysia (BNM) Governor Datuk Abdul Rasheed Ghaffour.<br/><br/>Speaking at a press conference on Friday (May 17) during the announcement of the first quarter 2024 gross domestic product figures, Abdul Rasheed indicated that the impact of the flexible account withdrawal, as well as a planned salary increase for civil servants would be minimal. <br/><br/>Rasheed further reported that headline inflation in the country is anticipated to remain moderate this year, ranging between 2.0 per cent and 3.5 per cent, reflecting stabilising demand and contained cost pressures.<br/><br/>Read more at https://tinyurl.com/4dbj8svx<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline
The newly introduced withdrawals from the Employees Provident Fund's (EPF) Account 3 are expected to stimulate economic activity without significantly affecting inflation, said Bank Negara Malaysia (BNM) Governor Datuk Abdul Rasheed Ghaffour.<br/><br/>Speaking at a press conference on Friday (May 17) during the announcement of the first quarter 2024 gross domestic product figures, Abdul Rasheed indicated that the impact of the flexible account withdrawal, as well as a planned salary increase for civil servants would be minimal. <br/><br/>Rasheed further reported that headline inflation in the country is anticipated to remain moderate this year, ranging between 2.0 per cent and 3.5 per cent, reflecting stabilising demand and contained cost pressures.<br/><br/>Read more at https://tinyurl.com/4dbj8svx<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
_new-hope-for-patients-with-treatment-resistant-depression.webp "The Gold Coast University hospital is one of a few publicly funded clinics nationwide researching the use of the drug ketamine as a mental health treatment. After years of studies with some promising outcomes it's proving to help in the treatment of depression and another serious mental illness.")
_epf.webp "click on")
_whitley-bay-pupils-try-new-ice-cream-flavour-created-for-children39s-cancer-north.webp "A Northumberland ice cream maker has created a new flavour to help raise funds for a North East cancer charity.<br/><br/>Proceeds from sales of Ciccarelli Artisan Gelato’s orange biscuit crunch flavour will be donated to Children’s Cancer North, which supports cancer patients and their families at the Great North Children’s Hospital in Newcastle as well as funding research and awareness.<br/>")
_ryan-reynolds-posts-touching-tribute-to-michael-j-fox.webp "Michael J. Fox is an example of an extraordinary human being. Not only has he starred in great movies and TV shows that have shaped his career, but the Canadian-American actor has done incredible work toward research funding to find a cure for Parkinson’s. Now, his good pal, Ryan Reynolds, has made sure to give the \")
_supreme-court-rejects-challenge-to-cfpb-funding.webp "#supremecourt #cfpb #funding<br/>#supremecourt #cfpb #funding #yahoofinance <br/><br/>The Supreme Court voted 7-2 to reject attempts to undercut funding for the Consumer Financial Protection Bureau (CFPB). The move will allow the agency to maintain its current funding structure, which trade associations representing payday lenders and credit access companies argued was unconstitutional. Yahoo Finance's Legal Reporter Alexis Keenan breaks down this pivotal decision, shedding light on the motivation behind lenders' push to slash the agency's funding. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith<br/>")
_biden-signs-sweeping-aviation-bill-aimed-at-improving-safety-and-consumer-protections.webp "President Biden signed sweeping aviation legislation to boost air traffic controller staffing, increase funding to prevent runway incidents, and speed up flight refunds. The $105 billion bill reauthorizes the Federal Aviation Administration for five years and includes new consumer protections and safety measures. It prohibits airlines from charging fees for families to sit together and requires cockpit voice recorders that operate for 25 hours. Maximum penalties for airline consumer violations will increase from $75,000 per violation to $105 billion.")
_epf.webp "click on")
_survey-reveals-how-female-small-business-owners-measure-success.webp "One in four female small business owners has taken a pay cut in the past year, according to new research.<br/><br/>The survey of 1,000 female small business owners examined how their experience has shifted in the past year and found that the down economy has forced a quarter of these business owners to cut their own pay to keep their businesses afloat.<br/><br/>For those small businesses that have been open for at least a year, many have also raised the price of their product or service (37%), and more than a quarter are actively seeking less expensive resources (27%).<br/><br/>Conducted by Talker Research for Office Depot, the survey found that 53% of female business owners said the past year has been the hardest for their business.<br/><br/>In 2023, respondents expressed challenges with funding (42%) and growing their business (30%), which continue to be the top struggles this year (39% and 30% respectively).<br/><br/>Experiencing fatigue was more of a pain point last year (23%), while marketing is proving to be a greater challenge this year (25%).<br/><br/>However, hard work has paid off for many female small business owners this year, allowing them to reach their 2023 goals: growing profit (goal of 59%, achieved by 26%), gaining more customers (goal of 53%, achieved by 41%) and expanding their business (goal of 28%, achieved by 12%).<br/><br/>And to keep the momentum going, respondents predict they’ll continue to uplevel and succeed through continued revenue growth (63%), gaining more customers (54%) and business expansion (27%). <br/><br/>But success is also about a lot more than dollars and cents. Twenty-one percent of respondents said success is all about making a positive impact in their community and a fifth (21%) included innovation as a success marker.<br/><br/>And while the next year looks to be more positive for female small business owners, there will still be challenges to overcome, with inflation (39%) and funding (25%) serving as the top concerns.<br/><br/>To overcome these challenges, female SBOs are throwing themselves into their work more often — but how much is too much?<br/><br/>Work-life balance improvements have slowed by 15% since last year, as only this year, 58% said their work-life balance has improved since becoming a business owner, compared to 73% who said the same last year.<br/><br/>Women surveyed feel they need to choose between their family and their profession multiple times every month, while one in eight feel this way every week.<br/><br/>And overall, 42% said being a business owner has made it more difficult to balance their outside work responsibilities.<br/><br/>To better balance their work and family life, those surveyed are committed to “cutting back on working hours,” “taking time for quiet reflection” and “being willing to take a day off as necessary.”<br/><br/>For respondents who set up their business in the last year, top reasons include wanting to be one’s own boss (59%), deciding to pursue a passion or hobby (46%) and drive to put an idea into action (41%).")
_new-hope-for-patients-with-treatment-resistant-depression.jpg)
_epf.jpg)
_whitley-bay-pupils-try-new-ice-cream-flavour-created-for-children39s-cancer-north.jpg)
_ryan-reynolds-posts-touching-tribute-to-michael-j-fox.jpg)
_supreme-court-rejects-challenge-to-cfpb-funding.jpg)
_biden-signs-sweeping-aviation-bill-aimed-at-improving-safety-and-consumer-protections.jpg)
_epf.jpg)
_survey-reveals-how-female-small-business-owners-measure-success.jpg)
![[+]](/images/menu.gif){kind=small}