Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar
The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
635 company directors barred from leaving Malaysia over unpaid EPF contributions
In a statement, EPF said will continue to enforce and monitor compliance to ensure that all outstanding amounts are paid in full.
Wed Aug 28 2024
EPF appoints Mohd Zuki chairman, effective Sept 1, 2024
Tan Sri Mohd Zuki Ali will be taking over from Tan Sri Ahmad Badri Mohd Zahir, who has held the post since May 1, 2020, EPF said.
Mon Aug 26 2024
EPF’s 1H 2024 total distributable income up 29 per cent to RM36.70 bil
The EPF said the distributable income does not include mark-to-market gains of securities that have not been realised.
Tue Aug 13 2024
3.4 mln EPF members make RM8.9 billion Flexible Account withdrawals - Amir Hamzah
The transfer to Retirement Account increased members' savings, with the addition of 43,000 new members having reached basic savings level.
Thu Jul 25 2024
Wan Ahmad Fayhsal given a six-month suspension from Dewan Rakyat
Wan Ahmad Fayhsal's Dewan Rakyat suspension follows his reference to an anonymous letter about alleged mastermind behind takeover of MAHB.
Thu Jul 18 2024
3.61 million EPF members transferred a total of RM11.52 bln to their Flexible Accounts as of June 24 - MoF
According to the Ministry of Finance, a total of RM5.12 billion has been transferred to the Retirement Account.
Wed Jul 10 2024
3.4 mln EPF members transfer RM10.86 bln to flexible account as of June 10
These withdrawals can be accommodated by EPF's current cash balance, net cash inflows from contributions, maturities and investment income.
Thu Jun 27 2024
Account 3 withdrawals have no influence on EPF's investment strategy - EPF CEO
The EPF's overall investment assets stand at RM1.2 trillion, so these withdrawals are actually manageable, says CEO Ahmad Zulqarnain Onn.
Thu Jun 13 2024
EPF records 107,105 new member registrations in first quarter
The Employees Provident Fund (EPF) saw a total of 107,105 new member registrations in the first quarter (1Q 2024), bringing the total membership to 16.1 million.
Wed Jun 12 2024
EPF receives almost 3 mln applications for Account Sejahtera to Account Fleksibel transfers
A total of 3.04 million withdrawal applications from Akaun Fleksibel were approved amounting to RM5.52 billion.
Mon May 27 2024
Consortium led By Khazanah And EPF announces conditional takeover offer for MAHB
Consortium will safeguard MAHBs existing employee rights and there are no plans for layoffs.
Wed May 15 2024
EPF's Account 3: Avoid impulsive withdrawals, financial planning crucial - Experts
The ability for EPF to withdraw funds from Account 3, especially upon retirement, presents both opportunities and challenges.
Thu May 09 2024
M'sia mulls giving full tax exemption on emergency PRS withdrawals
Malaysia is considering to provide full tax exemptions on withdrawal from private retirement scheme (PRS) funds for emergency purposes.
Wed May 08 2024
Malaysian govt securities to remain robust despite restructuring of EPF accounts
CIMB IB expects the impact of EPF's introduction of a third account, on MGS and GII demand to be mitigated by strong net contributions.
Fri Apr 26 2024
ISIS Malaysia's perspective of Budget 2025
An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives
The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar
The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo
Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS
The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid
Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration
Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods
Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM
Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil
PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024