Malaysia is ageing fast, but who's in charge? Advocates call for an 'anchor ministry'

KUALA LUMPUR, Oct. 22 -- As Malaysia rapidly ages, it needs a targeted approach, with a ministry dedicated to older persons and one agency to coordinate all aged care policies. Ezzati Nasir, CEO and ... Read More

How Malaysians can have enough money after retiring: Moving away from choosing EPF 'lump sum' payouts

KUALA LUMPUR, Oct. 22 -- If you are given a pot of money, would you spend it all in one go or over just a few years, or would you make it last for the rest of your life? Shifting away from lump-sum E... Read More

Instead of a lump sum EPF withdrawal, how an automatic annuity with opt-out option could work for Malaysians

KUALA LUMPUR, Oct. 22 -- Licensed financial planner Rajen Devadason said an insurance annuity scheme like Singapore's CPF LIFE could also work in Malaysia. He explained that if the government gives a... Read More

As Singaporeans live longer, a look at how they manage their retirement savings

KUALA LUMPUR, Oct. 22 -- Singapore's Central Provident Fund Board (CPFB) deputy CEO (services) Wong Yan Jun said Singapore's CPF - the equivalent of Malaysia's EPF - had in 1987 introduced a phased wi... Read More

Budget 2027: How much tax could Malaysians save under the proposed new rates? We did the maths for you

KUALA LUMPUR, Oct. 16 -- How much will you be able to save in taxes in Malaysia, based on the proposed new income tax rates and individual tax relief in Budget 2027? But first, very quickly, take a l... Read More

How Malaysia can raise its retirement age from 60 to 65: Experts explain the math and more

KUALA LUMPUR, Oct. 15 -- Should Malaysia push its retirement age up from 60 to 65, and if yes, how can it be done? Currently, Malaysia's minimum retirement age of 60 means private sector employees ar... Read More

Having a baby? Budget 2027 proposes up to RM3,000 tax relief for postnatal care

KUALA LUMPUR, Oct. 10 -- The federal government is proposing to introduce a new tax relief of up to RM3,000 for care services provided by confinement centres or qualified individuals after mothers giv... Read More

Paying a carer for your parents or grandparents? Budget 2027 proposes tax relief even for non-medical care

KUALA LUMPUR, Oct. 9 -- For Malaysian taxpayers paying a carer or for care services for their parents or grandparents, the government is proposing to allow them to claim tax relief even if the care is... Read More

Experts call for 'Ministry of Longevity' to prepare Malaysia for aged nation status

KUALA LUMPUR, Oct. 2 -- Malaysia should coordinate efforts and policies when it comes to longevity and older people, by getting the government, businesses and civil society to work together, National ... Read More

Malaysia plans A-to-D food grades to nudge manufacturers - and consumers - towards healthier choices

KUALA LUMPUR, Oct. 1 -- Malaysia could introduce a new food labelling system giving packaged food and drinks nutrition grades from A to D by the end of this year, Health Ministry official Dr Yap Wei A... Read More

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