GDA To Compulsorily Acquire Remaining MAHB Shares At RM11 Apiece

KUALA LUMPUR, Feb 14 (Bernama) --  Gateway Development Alliance Sdn Bhd (GDA) has proposed to compulsorily acquire all of the Malaysia Airports Holdings Bhd (MAHB) shares from dissenting shareholders at RM11 per share.

Malaysia's GDP Expected To Come In At 5.1 Pct In 2024 - HLIB Research

KUALA LUMPUR, Feb 13 -- Malaysia’s economic growth is expected to be positive with a 5.1 per cent growth year-on-year (y-o-y) in 2024, in line with advance estimate and within the Finance Ministry's (MoF) official target of between 4.8 per cent and 5.3 per cent y-o-y, said Hong Leong Investment Bank (HLIB Research). 

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).

ACCCIM Urges Govt to Provide Export Credit Scheme, Lower Import Duties

KUALA LUMPUR, Feb 3 (Bernama) -- The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) has urged the government to provide an export credit scheme and lower import duties on raw materials to support businesses, particularly micro, small, and medium enterprises.

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.

MAHB Shares Rise After Trading Halt On Takeover Offer News

KUALA LUMPUR, Jan 20 (Bernama) -- Trading in Malaysia Airports Holdings Bhd (MAHB) shares, halted at 9 am, resumed an hour later, with the shares performing positively.  

PM Anwar Visits Battersea Power Station, Malaysia’s Iconic And Largest Investment In UK

From D.Arul Rajoo

LONDON, Jan 16 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today visited the Battersea Power Station, which is Malaysia's largest investment involving public funds in Europe.