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MITRA, Bursa Organise Shares Carnival To Increase Equity Holdings Of Indian Community

PUTRAJAYA, Feb 17 (Bernama) -- The Malaysian Indian Transformation Unit (MITRA), in collaboration  with Bursa Malaysia Bhd, is organising the 2024/2025 Investment and Shares Carnival Programme as an initiative to increase the equity holdings among the Indian community through stock investment.

EPF Denies Claims Regarding MAHB Investment

KUALA LUMPUR, Feb 12 (Bernama) -- The Employees Provident Fund (EPF) has refuted allegations of misconduct or regulatory breaches in the buying and selling of Malaysia Airports Holdings Bhd’s (MAHB) shares and the purported losses incurred from the transaction.

MAHB: PAC Must Use Proper Channels To Seek Explanation, Clarification - Loke 

PUTRAJAYA, Feb 5 (Bernama) -- Transport Minister Anthony Loke today emphasised that the Public Accounts Committee (PAC) is required to adhere to proper channels when seeking any explanations from his Ministry, including on Malaysia Airports Holdings Bhd’s (MAHB) share sales.

Lower EPF Contribution For Foreign Workers Reduces Overall Wage Expenditure

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.

Revised Two Pct EPF Contribution For Foreign Workers A Fair Move - ACCCIM

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.

Govt’s Two Pct Contribution For Foreign Workers Balances Welfare And Business -- FMM

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).

Govt Proposes Mandatory Two Pct EPF Contribution For Foreign Workers - PM Anwar

KUALA LUMPUR, Feb 3 -- The government has proposed to implement a mandatory two per cent Employees Provident Fund (EPF) contribution rate on foreign workers, said Prime Minister Datuk Seri Anwar Ibrahim.

EPF: Temporary Closure Of Bintulu Office Due To Floods

KUALA LUMPUR, Jan 30 (Bernama) -- The Employees Provident Fund (EPF) is temporarily closing its Bintulu office starting today until further notice following power shutdown in the building as a safety precaution due to rising floodwaters in the area.

EPF's Investment In MAHB To Support Dividend Payouts

KUALA LUMPUR, Jan 15 (Bernama) -- The Employees Provident Fund's (EPF) investment decisions, including the trading of Malaysia Airports Holdings Bhd’s (MAHB) shares, align with its broader investment objectives and are aimed at generating income required for dividend payments during the financial year.

EPF Introduces Faster Access, Monthly Activation For Simpanan Shariah

KUALA LUMPUR, Jan 10 (Bernama) -- The Employees Provident Fund (EPF) has introduced two key features for its Simpanan Shariah that will provide faster access and flexibility for members effective April 1,  2025.

AmInvestment Forecasts RM1.7 Bln Boost To Malaysia's Equity Market From Non-Citizen Employees' EPF Contributions

KUALA LUMPUR, Jan 2 (Bernama) -- AmInvestment Bank Bhd projects that mandatory Employees Provident Fund (EPF) contributions for non-citizen employees could channel up to RM1.7 billion in additional annual inflows into Malaysia’s domestic equity market.

GDA Stands Firm On RM11 Offer For MAHB Despite Directors' Rejection

KUALA LUMPUR, Dec 21 (Bernama) -- Gateway Development Alliance Sdn Bhd (GDA), the consortium proposing to privatise Malaysia Airports Holdings Bhd (MAHB), remains steadfast on its RM11 per share offer price, despite recommendations from independent directors to reject it.