Wealth is an abundance of valuable resources or material possessions.The concept of wealth is of great importance in economics, especially development economics, yet the meaning of wealth is not straightforward and there is no universally agreed-upon definition. Different definitions and concepts of wealth have been put forth by different authors and in different contexts. In this blog, let us talk about wealth; creating it, protecting it and preserving it!
THE Employees Provident Fund (EPF) has halved the withdrawal limit for members with more than RM1 million in savings and they can only do so once every three months.
In a statement yesterday, EPF said contributors with more than RM1 million can now only withdraw RM50,000 at any one time.
No reason was given for the change in ruling.
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