tag:blogger.com,1999:blog-2439200743774853734.post3357012721291551992..comments2009-03-10T16:50:47.297+08:00Chi-Changhttp://www.blogger.com/profile/13468838767406254164noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2439200743774853734.post-82986492322859712882009-03-10T15:57:00.000+08:002009-03-10T15:57:00.000+08:00Just for info, the govt run Credit Guarantee Corp (CGC) does guarantee loans given out by banks if one applies for loans through CGC. But of course, CGC works at a glacial pace and has very stringent criterias for guaranteeing a loan so it is not much use at this point in time to companies who may require financing ASAP.Collateral Damagenoreply@blogger.comtag:blogger.com,1999:blog-2439200743774853734.post-86305015222444797852009-03-09T09:04:00.000+08:002009-03-09T09:04:00.000+08:00Dear Cyril,<BR/><BR/>Your are right, the poorest households probably do not have EPF accounts. <BR/><BR/>But as you put it, reaching out to them will "rely heavily on an efficient community set up".<BR/><BR/>This, we do not have, and I definitely do not want the BN government to have yet another excuse to set up yet more committees and turn this into another form of patronage to buy support. (Did you follow the case in Penang, where certain govt officers refused to accept aid forms submitted by the poor, unless they came through MCA channels?)<BR/><BR/>That's why I suggested the EPF as the best option available of limited choices. Neutral, and the statutory body with perhaps the best operations in Malaysia, based on my personal experience.<BR/><BR/>Thanks and keep reading!<BR/><BR/>Chi-ChangChi-Changhttp://www.blogger.com/profile/13468838767406254164noreply@blogger.comtag:blogger.com,1999:blog-2439200743774853734.post-46896136846751727992009-03-09T00:47:00.000+08:002009-03-09T00:47:00.000+08:00<I>I suggest RM1,000 per month be paid to the 30% of EPF contributors with the lowest incomes. 30% of 5.4m active contributors = 1.6m workers * RM12,000 for one year = RM19.5bn.<BR/></I><BR/><BR/>How about RM 1k, to be paid for those who are suddently didnt contribute to EPF.<BR/><BR/>(Diberhentikan kerja)Hasbullah Pithttp://www.blogger.com/profile/09455882333248430839noreply@blogger.comtag:blogger.com,1999:blog-2439200743774853734.post-80110482285146498592009-03-08T20:26:00.000+08:002009-03-08T20:26:00.000+08:00Most of the poorest households probably do not have EPF accounts. Singapore tried this but I am not certain how effective it is. <BR/><BR/>The government may wish to consider setting up community service centres. Reach out to the households at risk and help them to get discounts for their power and water bills. This would have a direct impact on the poorest households. This solution would rely heavily on an efficient community set-up.<BR/>CyrilAnonymousnoreply@blogger.com