The Employees Provident Fund (EPF) yesterday signed a Memorandum of Understanding (MoU) with Grab Malaysia to encourage its community of ride-sharing driver-partners to save for their retirement through Caruman Sukarela Insentif Persaraan (i-Saraan), a voluntary retirement savings programme with the EPF.
EPF Chief Executive Officer Datuk Shahril Ridza Ridzuan said, “We would like to encourage the community of Grab driver-partners to voluntarily sign up as EPF members and save for their retirement with the EPF. Our members are provided with a secure savings option, as the EPF has a proven track record of sustainable, above-inflation returns which will enhance the value of their savings over the long term.
Green Packet Bhd’s joint Venture company, Funsea Interactive Entertainment (M) Sdn Bhd entered into a partnership with Apigate to enable Direct Carrier Billing (DCB) for Celcom’s customers.
DCB is traditionally used by mobile content creators and developers to facilitate payment for their in-app purchase and subscription services by end users. It allows end users to make payments for their purchases by charging payments to their mobile operator’s post-paid and pre-paid bill. Funsea Interactive will be able to facilitate payment for their OTT content related games, music and video-based apps to more than 9.6 million Celcom subscribers in Malaysia through the DCB payment facility offered by Apigate.
The Malaysian property market is set to gradually improve in the years ahead through to 2020, said the Malaysian Institute of Estate Agents (MIEA) President Eric Lim Chin Heng.
“The property market may have bottomed out last year with transaction volumes hitting the lowest point since 2012, amounting to 311,824 transactions in 2017. We envisage that the market will continue experiencing ‘confidence gaining growth’ as fundamentals improve under the new government. Real estate investors, who have been playing an important part in the property market’s growth, have been on the side lines for many years now and are looking forward to coming back to the market.