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Account 3 withdrawals have no influence on EPF's investment strategy - EPF CEO

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

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 says Account Fleksibel is optional; expects about RM25 bln withdrawal in first year

EPF says Account Fleksibel is optional; expects about RM25 bln withdrawal in first year

Akaun Fleksibel is a new account that provides flexibility for short-term financial needs, where savings can be withdrawn at any time.
Thu Apr 25 2024
EPF announces account restructuring initiative, members to have flexible account from May 11

EPF announces account restructuring initiative, members to have flexible account from May 11

Under the account restructuring initiative, all accounts of members under the age of 55 will be restructured to three accounts.
Thu Apr 25 2024
Ahmad Zulqarnain resigns as PNB chief to helm EPF as CEO

Ahmad Zulqarnain resigns as PNB chief to helm EPF as CEO

Ahmad Zulqarnain Onn succeeds Senator Datuk Seri Amir Hamzah Azizan, who was appointed as the Minister of Finance II last month.
Fri Jan 26 2024
PNB declares income distribution of 4.6 sen per unit for ASB

PNB declares income distribution of 4.6 sen per unit for ASB

The income distribution consisted of a dividend of 3.35 sen and a bonus of 1.25 sen.
Thu Dec 22 2022
World's second tallest tower, Malaysia's Merdeka 118 project on track after MCO delays

World's second tallest tower, Malaysia's Merdeka 118 project on track after MCO delays

Phase 1 and 2 of Permodalan Nasional Bhd's (PNB) iconic Merdeka 118 precinct are expected to be ready by the second quarter (Q2) of 2022 instead of end 2021 as initially targeted.
Sun Oct 25 2020
PNB appoints Ahmad Zulqarnain as new CEO

PNB appoints Ahmad Zulqarnain as new CEO

State-controlled unit trust fund, Permodalan Nasional Bhd (PNB) has appointed Ahmad Zulqarnain Onn as its new president and group chief executive (PGCE), effective July 1, 2020.
Mon Jun 29 2020
ISIS Malaysia's perspective of Budget 2025

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

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

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

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

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

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

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

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

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

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