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Day: May 7, 2023

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ABCs of Personal Finance

Financial news: Employers should contribute 20 pct for employee’s EPF?

“Malaysia increased the national minimum wage in May 2022 by 25 percent from 1,200 ringgit (US$273) to 1,500 ringgit (US$341), however, employers with less than five employees were granted an exemption to the hike until January 1, 2023, before being extended again to July 2023.” (Full article here: aseanbriefing.com)

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