KUALA LUMPUR: The Employees Provident Fund (EPF) has declared a dividend of 5.65% for the financial year ended Dec 31, 2009, an increase of 1.15 percentage points over the 4.50% paid out for 2008.
The dividend rate was declared on the back of the highest ever net income achieved of RM19.63bil, an increase of 34.82% from [...]
Last year Malaysia faced a shortage of 5,000 doctors. Due to this, the Government proposes to extend the compulsory public service for doctors to five or 10 years from the current three to overcome the annual shortage of doctors in its hospitals. Since 1971, all Doctors are required to serve with the Government for five [...]
v Annual leave
- An employee is entitled to annual leave only after 12 months of continuous service as follows:
1] Less than 2 years of service – 8 days for each year
2] 2 years or more but less than 5 years – 12 days for each [...]
