Tag: EPF
Govt Mulling 2% Mandatory EPF Contribution for Foreign Workers, Balancing Welfare...
The Malaysian government recently proposed to implement a mandatory 2% Employees Provident Fund (EPF) contribution rate on foreign workers, which is much lower compared...
EPF’s Simpanan Shariah Now Gives Faster Access, Monthly Activation
The Employees Provident Fund (EPF) introduced two key features for its Simpanan Shariah to provide faster access and flexibility for members starting 1 April...
Phillip Capital Introduces Private Mandate Portfolios on EPF’s i-Invest
The Employees Provident Fund (EPF) is making available investments in approved private mandate portfolios, in addition to approved unit trust funds, on its i-Invest...
Create High Value Jobs Instead of Increasing EPF Contributions
The Small and Medium Enterprises Association of Malaysia (SAMENTA) has expressed concern over the recent call for an increase in employers’ Employees Provident Fund...
EPF Allows Savings To Be Used as Collateral for Loans
Eligible Employees Provident Fund (EPF) members can apply for a personal financing of up to RM50,000 from banks, starting from Friday.
Their savings in EPF...
EPF and Ally Logistic Property to Develop Bukit Raja Logistics Hub
The Employees Provident Fund (EPF) and Ally Logistic Property Co Ltd (ALP) have entered into a shareholder’s agreement to develop a 100% pre-leased logistics...
EPF Brings Forward Special Withdrawal Payout
The Employees Provident Fund (EPF) will begin payments today, two days early, for the special withdrawal scheme of up to RM10,000 per member.
In an...
Malaysia’s Employees Provident Fund Records RM19.29 Billion In Gross Investment Income...
The Employees Provident Fund (EPF) has posted its highest quarterly gross investment income of RM19.29bil for the first quarter ended March 31, 2021 amid...
