WEF Highlights Malaysia’s EPF As Model For Sustainable Retirement Reform

KUALA LUMPUR, March 29 (Bernama) -- Malaysia’s approach to retirement system reform by the Employees Provident Fund (EPF) has been cited by the World Economic Forum (WEF) as a model for building long-term retirement systems in an emerging economy.  

Malaysia Remains Well-positioned To Navigate Challenges This Year -- MIDF

KUALA LUMPUR, March 26 (Bernama) -- Malaysia remains well-positioned to navigate challenges, backed by strong economic fundamentals, robust domestic demand, resilient household spending and increased investments.

Gold Is On Fire; Will The Price Hit US$5,000 By Year-end?

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 23 (Bernama) -- Gold price is on fire! The precious metal continues to defy expectations, repeatedly smashing record highs as investors seek refuge from global economic turbulence.

Unit Trust Funds Remain Largest CIS Component With RM546.08 Bln NAV

KUALA LUMPUR, March 20 (Bernama) -- Unit trust funds remained the largest component of Malaysia’s collective investment schemes (CIS) industry, with a total net asset value (NAV) of RM546.08 billion as at Dec 31, 2024.

Retirees Should Redirect Small Portion Of Savings Into Higher-Yielding Investments To Enhance Income Security -- SC

 KUALA LUMPUR, March 20 (Bernama) – Retirees should redirect a small portion of their savings into higher-yielding capital market instruments to enhance their income security in their old age rather than holding cash, the Securities Commission (SC) said.

Islamic Capital Market Remains Substantial Contributor To Overall Capital Market

KUALA LUMPUR, March 20 (Bernama) -- The Islamic Capital Market (ICM) continues to play a significant role, accounting for 63.04 per cent of the overall capital market.

GLICs Urged To Invest Around RM120 Bln over 5 Years For Economic Growth

KUALA LUMPUR, March 20 (Bernama) -- Government-linked investment companies (GLICs) have been urged to make domestic direct investments (DDI) of about RM120 billion over five years to stimulate the country's economic growth, said Prime Minister Datuk Seri Anwar Ibrahim.

Foreign Workers' EPF Contribution A Game Changer To Retain Workforce And Hire More Local Talent

By Nur Athirah Mohd Shaharuddin & Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 19 (Bernama) -- Foreign workers' mandatory Employees Provident Fund (EPF) contribution will benefit Malaysia’s economy over the long term as employers will favour hiring more local talent as costs increase.

URA Act: Malaysian Developers Lead Australia’s Urban Renewal While Reforms Stall At Home

KUALA LUMPUR, March 17 (Bernama) -- Top-tier Malaysian property developers are leading Australia’s largest urban renewal projects, while Malaysia is still debating the crucial Urban Renewal Act (URA) amid deteriorating low-cost housing, said Minister of Housing and Local Government, Nga Kor Ming.

Malaysia Targets RM180 Bln In 2025 Property Sales, Eyes Senior Living

KUALA LUMPUR, March 17 (Bernama) -- The Housing and Local Government Ministry is targeting to generate RM180 billion property sales across all sectors this year, said its minister Nga Kor Ming.

Aznan Abdul Aziz Appointed Deputy Governor Effective April 1, 2025 -- BNM

KUALA LUMPUR, March 14 (Bernama) -- Bank Negara Malaysia (BNM) said the Finance Minister has approved Aznan Abdul Aziz’s appointment as deputy governor for a three-year term effective April 1, 2025.

GDP Growth, Bursa Malaysia’s Positive Performance Benefit Rakyat -- PM Anwar

​KUALA LUMPUR, March 4 (Bernama) -- Last year’s 5.1 per cent gross domestic product (GDP) growth and Bursa Malaysia’s positive performance had indeed benefitted the rakyat, said Prime Minister Datuk Seri Anwar Ibrahim.