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The newly introduced withdrawals from the Employees Provident Fund's (EPF) Account 3 are expected to stimulate economic activity without significantly affecting inflation, said Bank Negara Malaysia (BNM) Governor Datuk Abdul Rasheed Ghaffour.<br/><br/>Speaking at a press conference on Friday (May 17) during the announcement of the first quarter 2024 gross domestic product figures, Abdul Rasheed indicated that the impact of the flexible account withdrawal, as well as a planned salary increase for civil servants would be minimal. <br/><br/>Rasheed further reported that headline inflation in the country is anticipated to remain moderate this year, ranging between 2.0 per cent and 3.5 per cent, reflecting stabilising demand and contained cost pressures.<br/><br/>Read more at https://tinyurl.com/4dbj8svx<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline
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The Organic Chemistry Tutor
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The contestants' names for Rohit Shetty's show 'Khatron Ke Khiladi Season 14' have not only been revealed, but another secret has also come to light. It has now been disclosed who among the contestants will charge the highest fee this season. Watch video to know more <br/> <br/>#KKK14 #KhatronKeKhiladi14 #KhatronKeKhiladiContestant <br/>#ShalinBhanot <br/>#AbhishekKumar <br/>#KrishnaShroff <br/>#ManishaRani<br/>~PR.126~ED.141~
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The Human Resource Development Corporation (HRD Corp) will sponsor 1,000 lorry drivers to obtain a Class E licence and goods driver licence (GDL).<br/><br/>Transport Minister Anthony Loke told reporters after chairing the National Logistics Task Force (NLTF) meeting on Friday (May 17) that the initiative was a collaboration between the Ministry of Transport and the Ministry of Human Resources to enable more people to be trained as lorry drivers and get a higher salary return.<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline
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Employees Corner Zia
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Theneer Idaivelai
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Credit Card Delinquencies , Are on the Rise.<br/>New York Federal Reserve data that was published on May 15 shows that credit card delinquencies kept rising from January to March, Fox Business reports. .<br/>In Q1 2024, delinquencies reached <br/>8.9% at an annualized rate.<br/>America hasn't seen this high of a <br/>percentage of serious credit card <br/>delinquencies since 2012, Fox News reports. .<br/>In the first quarter of 2024, credit <br/>card and auto loan transition rates <br/>into serious delinquency continued <br/>to rise across all age groups, Joelle Scally, regional economic principal within the Household and <br/>Public Policy Research Division at the New York Fed, via Fox Business.<br/>An increasing number of borrowers <br/>missed credit card payments, <br/>revealing worsening financial <br/>distress among some households, Joelle Scally, regional economic principal within the Household and <br/>Public Policy Research Division at the New York Fed, via Fox Business.<br/>Researchers aren't sure why delinquencies <br/>are so high since the unemployment rate <br/>is low, but they have a few theories.<br/>One of those theories is that consumers drained savings throughout the pandemic <br/>but continue to spend at high levels.<br/>Another theory is that some Americans switched to jobs with lower salaries.<br/>Additionally, credit card eligibility may have been expanded for many whose student debt wasn't being reported to credit bureaus amid the pandemic.<br/>These are all kinds of complex issues. <br/>We don't exactly know what's behind the <br/>increase of these delinquency rates. But it's <br/>definitely something that we're tracking, New York Fed researchers, via Fox Business.<br/>The average annual percentage rate for <br/>credit cards hit a record of 20.72% recently.
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