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They allow workers rest from work, usually in conjunction with special occasions. Public holidays in Hong Kong consist of a mix of traditional Chinese and Western holidays, such as Lunar New Year, the Mid-Autumn Festival, and the Dragon Boat Festival, along with Christmas and Easter. Other public holidays include National Day (1 October) and ...
Mandatory Provident Fund. The Mandatory Provident Fund (Chinese: 強制性公積金), often abbreviated as MPF (強積金), is a compulsory saving scheme (pension fund) for the retirement of residents in Hong Kong. Most employees and their employers are required to contribute monthly to mandatory provident fund schemes provided by approved ...
In Singapore, Chinese New Year is the only traditional Chinese public holiday, likewise with Malaysia. Each region has its own holidays on top of this condensed traditional Chinese set. Mainland China and Taiwan observe patriotic holidays, Hong Kong and Macau observe Christian holidays, and Malaysia and Singapore celebrate Malay and Indian ...
Public holidays in Malaysia are regulated at both federal and state levels, mainly based on a list of federal holidays observed nationwide plus a few additional holidays observed by each individual state and federal territory. The public holidays are a mix of secular holidays celebrating the nation and its history, and selected traditional ...
Menara KWSP, Kwasa Damansara, 40150, Shah Alam, Selangor. Malaysia. Employees' Provident Fund (EPF; Malay: Kumpulan Wang Simpanan Pekerja, KWSP) is a federal statutory body under the purview of the Ministry of Finance. It manages the compulsory savings plan and retirement planning for private sector workers in Malaysia.
RM 140.8 billion (2017)[1] Website. www.kwap.gov.my /en /. Retirement Fund (Incorporated) (Malay: Kumpulan Wang Persaraan (Diperbadankan); KWAP) is a statutory body which manages the pension scheme for Malaysia's public employees. KWAP is the investment manager of the Retirement Fund, which is applied towards financing the government's pension ...
List of countries by number of public holidays. The following table is a list of countries by number of public holidays excluding non-regular special holidays. Nepal has the highest number of public holidays in the world with 35 annually. Also, Nepal has 6 day working schedule in a week. Country.
The Hong Kong Special Administrative Region Honours and Awards System. Created since the Handover of Hong Kong in 1997, the Hong Kong honours system is a community-wide honours for which civil servants with great contribution to the public will be nominated. Awardees will receive recognition and awards from the Chief Executive. [25]