11m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Feb 5 (Bernama) -- The government’s decision to set the Employees Provident Fund (EPF) contribution rate for foreign workers at two per cent — lower than the initially proposed 12 per cent — helps employers reduce overall wage expenditure.
11m ago
KUALA LUMPUR, Feb 4 (Bernama) -- The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) views the government’s proposed revision to set employers’ Employees Provident Fund (EPF) contributions at two per cent for non-Malaysian workers as reasonable.
11m ago
KUALA LUMPUR, Feb 4 (Bernama) -- Collaboration among government agencies, financial institutions and businesses is essential to create an ecosystem that supports financial inclusion, said analysts.
11m ago
KUALA LUMPUR, Feb 3 (Bernama) -- The government's proposal to implement a mandatory Employees Provident Fund (EPF) contribution rate of two per cent for foreign workers from the initially proposed 12 per cent reflects an effort to balance worker welfare and business sustainability, said the Federation of Malaysian Manufacturers (FMM).
11m ago
KUALA LUMPUR, Feb 3 (Bernama) -- On the eve of the Chinese Lunar New Year, Guangdong Governor Wang Weizhong extended heartfelt greetings on behalf of the Provincial Government and its residents to overseas Chinese, Hong Kong, Macao, Taiwan compatriots, and international friends.
11m ago
KUALA LUMPUR, Feb 3 (Bernama) -- The ringgit opened slightly lower against the US dollar due to the rise in the US Dollar Index (DXY) after President Donald Trump issued an executive order to raise import tariffs, said an analyst.
11m ago
KUALA LUMPUR, Jan 27 (Bernama) -- Malaysia External Trade Development Corporation (MATRADE) is targeting over 20,000 visitors and 750 multi-national exhibitors for the upcoming International Healthcare Week 2025.
11m ago
KUALA LUMPUR, Jan 27 (Bernama) -- Malaysia plans to focus on strategic engagements with free trade agreement (FTA) partners and emerging markets this year in an effort to increase its exports, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
11m ago
KUALA LUMPUR, Jan 24 (Bernama) -- TH Properties Sdn Bhd signed a memorandum of understanding (MoU) with Affin Bank Bhd to roll out financing solutions to bridge the homeownership gap for young graduates, homebuyers, and property investors.
11m ago
KUALA LUMPUR, Jan 23 (Bernama) -- The Malaysian International Furniture Fair (MIFF) 2025 aims to achieve a five per cent increase in sales this year against on-site sales of US$1.28 billion (US$1 = RM4.43) last year.
1y ago
KUALA LUMPUR, Jan 17 (Bernama) -- Guangdong is set to maintain its position as China’s top provincial economy in 2024, with its gross domestic product (GDP) projected to surpass 14 trillion Chinese yuan, according to the Guangdong Provincial People’s Congress report on Jan 15. (100 Chinese yuan = RM61.43)
1y ago
KUALA LUMPUR, Jan 17 (Bernama) -- The financial industry received around 2.3 million complaints over the past five years, 98 per cent of which were related to the banking sector and the rest insurance and takaful-related.