1m ago
KUALA LUMPUR, March 5 (Bernama) -- An estimated 60 per cent of Employees Provident Fund (EPF) members can potentially reach the basic savings level of around RM390,000 at the age of 60 by 2030, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
2m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, March 1 (Bernama) -- The Employees Provident Fund’s (EPF) dividend rate of 6.15 per cent for both the conventional and shariah savings accounts, with a total payout of RM79.6 billion for 2025, is respectable and reflective of resilient financial market performance despite global volatility, said economists.
2m ago
KUALA LUMPUR, Feb 28 (Bernama) -- The Employees Provident Fund (EPF) voluntary contributions continued to gain momentum, rising to RM19.2 billion last year with the i-Saraan programme being the key driver, said its chief executive officer Ahmad Zulqarnain Onn.
2m ago
KUALA LUMPUR, Feb 16 (Bernama) -- The Employees Provident Fund (EPF) is expected to deliver a dividend rate of between 6.3 per cent and 6.5 per cent for 2025, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
6m ago
KUALA LUMPUR, Oct 28 (Bernama) -- A total of 1.12 million Employees Provident Fund (EPF) members have made voluntary contributions worth RM14.13 billion as of August this year, according to the Ministry of Finance (MoF).
8m ago
KUALA LUMPUR, Aug 5 (Bernama) -- ZOLL, a medical device and software solutions company under Japan’s Asahi Kasei Group, announced that Christopher Barnabas, Vice President of its Acute Care Technology division, has received the prestigious honour from the Penang state government.
10m ago
KUALA LUMPUR, June 3 (Bernama) -- The Employees Provident Fund (EPF) recorded investment income totalling RM18.31 billion for the first quarter ended March 31, 2025 (1Q 2025), a 13 per cent decline from RM20.99 billion in the corresponding period in 2024.
1y ago
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.
1y ago
KUALA LUMPUR, March 2 (Bernama) -- The Employees Provident Fund’s (EPF) decision to declare a 6.30 per cent dividend for both conventional and shariah savings for 2024 will bolster confidence in the capital market and investment sector, an economist said.
1y ago
KUALA LUMPUR, March 1 (Bernama) -- The strong and competitive dividend rates achieved by the Employees Provident Fund (EPF) for 2024 demonstrate the fund’s resilience and commitment in ensuring a secure future for its members during retirement, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
1y ago
KUALA LUMPUR, Dec 18 (Bernama) -- A total of 288,000 members of the Employees Provident Fund (EPF) have registered to contribute more than the statutory rate of 11 per cent for employee contributions as of October 2024.