EPF: External Fund Managers Contribute 24 Pct To 2024 Income
KUALA LUMPUR, May 22 (Bernama) -- The Employees Provident Fund’s (EPF) panel of external fund managers contributed a record 24 per cent to the retirement fund’s total income in 2024.
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CIMB Bank To Purchase 16 Properties From EPF For RM210 Mln
KUALA LUMPUR, May 2 (Bernama) -- CIMB Group Holdings Bhd’s wholly-owned subsidiary CIMB Bank Bhd will purchase 16 properties from the Employees Provident Fund (EPF) for a total cash consideration of RM209.81 million.
GLICs Adopt Living Wage Policy For All Permanent Malaysian Employees
KUALA LUMPUR, May 1 (Bernama) -- Government-linked investment companies (GLICs) have collectively implemented a living wage policy, ensuring all permanent Malaysian employees now earn above the monthly living wage threshold.
New MAHB Shareholders Set To Drive Long-term Growth And Efficiency
KUALA LUMPUR, April 23 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) is undergoing a strategic transformation following its privatisation, with new shareholders focused on enhancing the passenger journey, remediating and revitalising infrastructure, and improving operational efficiency across the network.
Malaysia Must Focus On Export Base Diversification, Quality Investments -- Amir Hamzah
PUTRAJAYA, April 18 (Bernama) -- Malaysia must focus on diversifying its export base and increasing the quality of investments in preparation to face the global economic uncertainty, according to Finance Minister II Datuk Seri Amir Hamzah Azizan.
Sunsuria's Unit Signs DRA With Kwasa Land For RM492 Mln Sungai Buloh Residential Project
KUALA LUMPUR, April 17 (Bernama) -- Sunsuria Bhd’s indirect wholly owned subsidiary, Sunsuria Damansara Sdn Bhd (SDSB), has entered into a development rights agreement (DRA) with Kwasa Development (13) Sdn Bhd (KD13), a unit of Kwasa Land Sdn Bhd, for a residential project in Sungai Buloh, Selangor, with an estimated gross development value of RM492 million.
Ex-PM Abdullah: Champion Of Balanced Economic Growth, Human Capital Development And Halal Industry
By Nor Baizura Basri and Harizah Hanim Mohamed
KUALA LUMPUR, April 14 (Bernama) – Tun Abdullah Ahmad Badawi, fondly known as Pak Lah, was a man with a demure personality, but he had a big heart for doing what was best, equitable and right for Malaysia and its people.
Cautious Aidilfitri Spending Despite Stable Economy, Labour Market
PUTRAJAYA, March 30 (Bernama) -- Economic uncertainty is shaping Malaysians' spending habits this festive season, with consumers adopting a cautious approach despite stable economic conditions.
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.
Public Investment Bank Lowers 2025 CPI Forecast To 2.4 Percent on Soft Start To The Year
KUALA LUMPUR, March 24 (Bernama) -- Public Investment Bank Bhd (PIVB) has lowered its 2025 full-year Consumer Price Index (CPI) forecast to 2.4 per cent from 3.0 per cent previously.
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.
Assets Under Management Rise To RM1.07 Trillion In 2024 -- SC
Assets under management (AUM) of the investment management industry continued its upward trajectory, reaching RM1.07 trillion as of Dec 31, 2024, up from RM975.48 billion in 2023.