◉ HEADLINES

EPF Flexible Account

3.61mil EPF members transfer RM11.52bil to flexible accounts as of June 2024: MoF

Finance Ministry states this on Parliament website on Tuesday replying to question by Abd Ghani Ahmad (PN-Jerlun) who wanted to know contributors’ flexible account renewal status as of May 11

With low wages and rising living costs, EPF Account 3 a relief for young workers

Scoop interviews several young working adults on reasons why they chose to open or withdraw from their Flexible Account after its launch on May 11

‘Don’t flex your EPF balance online, avoid becoming easy targets’

With the new Flexible Account being implemented, experts warn public against revealing too much information as it opens up opportunities for scammers, criminals

System maintenance on day of EPF flexible account launch

Members can fully access system tomorrow

EPF Account 3: effective May 11, it targets members below age of 55

Effective May 11, EPF members below the age of 55 will see their accounts restructured into three categories: Akaun Persaraan, Akaun Sejahtera, and Akaun Fleksibel.

◉ Popular

79 candidates to fight for 28 seats in Melaka polls

Besides notable incumbents defending their seats such as Melaka CM Datuk Seri Ab Rauf Yusoh and Melaka Pakatan chief Adly Zahari, the Prime Minister’s political secretary Datuk Azman Abidin will contest his maiden election in Paya Rumput

MCA gets four seats in Melaka polls, predicts tough fight in DAP strongholds

Initially given two seats, last-minute negotiations within Barisan Nasional now lands MCA with the staunchly DAP seats of Kota Laksamana and Bandar Hilir

Binance pours US$6.3b to plug 90% of massive cyber heist as regulators circle

Crypto titan Binance has deployed over US$6.3 billion of its own reserves to absorb a colossal cyberattack, pledging full restitution as global securities watchdogs ramp up scrutiny