LATEST NEWS   A total of 75,196 EPF members received RM11.4 mln in government incentives under the i-Suri scheme in 2024 – Amir Hamzah | The total EPF i-Saraan contributions received in 2024 amount to RM2.6 bln from 529,667 members, with a govt incentive allocation of RM114.8 mln – Amir Hamzah | Intel Corporation appoints Malaysian-born Lip-Bu Tan as chief executive officer effective March 18 | Additional audits, due diligence are prerequisites for finalising Sapura Energy's restructuring and RM1.1 bln injection - PM Anwar. | Previous major shareholders no longer manage Sapura Energy, with a new professional team leading its restructuring - Anwar | 

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EPF To Base Future Investments On Strategic Asset Allocation – CEO

SHAH ALAM, March 1 (Bernama) -- The Employees Provident Fund’s (EPF) future investments will be guided by its Strategic Asset Allocation (SAA), which follows a three-year investment cycle and is reviewed every three years.  

Shariah Account’s Equal Dividend Highlights Strength Of Shariah Investments – Economists

KUALA LUMPUR, March 1 (Bernama) -- The Employees Provident Fund’s (EPF) 6.30 per cent dividend payout for 2024 for the Shariah account, involving a total distribution of RM10.19 billion, is proof that Shariah-compliant investments have strong potential in generating returns, according to an economist.  

EPF Dividend Of 6.30 Pct For 2024 Is Highest In Seven Years -- CEO

SHAH ALAM, March 1 (Bernama) -- The 6.30 per cent dividend rate announced by the Employees Provident Fund (EPF) for both Simpanan Konvensional and Simpanan Shariah for 2024 is the highest since 2017, according to chief executive officer Ahmad Zulqarnain Onn.

EPF declares dividend of 6.30 Pct For Both Simpanan Konvensional, Simpanan Shariah for 2024, Total Payout Amounts RM73.24 Bln

KUALA LUMPUR, March 1 (Bernama) --  The Employees Provident Fund (EPF) board today announced a dividend rate of 6.30 per cent for Simpanan Konvensional, with a total payout of RM63.05 billion, and 6.30 per cent for Simpanan Shariah, with a total payout of RM10.19 billion.

Uncertainty Over Trump’s Policies Seen Continuing To Support Gold Futures

By Siti Noor Afera Abu

KUALA LUMPUR, March 1 (Bernama) --  The gold futures market on Bursa Malaysia Derivatives is expected to trade in cautious mode next week but well supported, taking its cue from US COMEX gold futures.

ASEAN Economic Ministers Achieve Key Milestone By Endorsing Priority Economic Deliverables

By Niam Seet Wei, Norsyafawati Ab Wahab, Mohd Khairi Idham Amran, Ahmad Erwan Othman and Danni Haizal Danial Donald

KOTA TINGGI, March 1 (Bernama) -- The 31st ASEAN Economic Ministers' (AEM) Retreat, which ended Friday at One&Only Desaru Coast resort near here, achieved a significant milestone by endorsing a slew of economic initiatives, including all 18 Priority Economic Deliveràbles (PEDS) which are key towards achieving the ambitious ASEAN Economic Community.

Firms Struggle To Meet ESG Standards Due To Capability, Capacity, And Investment Barriers

KUALA LUMPUR, Feb 28 (Bernama) -- Malaysian firms face hurdles in meeting environmental, sustainable and governance (ESG) standards due to capability, capacity, and investment challenges, an expert said.

Cautious Sentiment Weakens Ringgit Against US Dollar

KUALA LUMPUR, Feb 28 (Bernama) -- Cautious market sentiment and a lack of local catalysts have led the ringgit to trade easier against the US dollar at the opening today. 

Ringgit Declines As US Prepares 25 Pct Tariffs On Canada, Mexico

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 27 (Bernama) -- The ringgit weakened further against the US dollar amid mixed market sentiments following the US government’s preparations to impose 25 per cent tariffs on Canada and Mexico in early March.

Bursa Malaysia Closes Lower On Risk-off Sentiment

By Karina Imran

KUALA LUMPUR, Feb 27 (Bernama) -- Bursa Malaysia retreated from yesterday's gains to close lower on Thursday as investors adopted a risk-off stance amid growing external uncertainties, said an analyst. 

Alliance Bank 3Q Net Profit Rises To RM186.67 Mln Along With Higher Revenue

KUALA LUMPUR, Feb 27 (Bernama) -- Alliance Bank Malaysia Bhd’s net profit for the third quarter ended Dec 31, 2024 (3Q FY2025) was 5.5 per cent higher at RM186.67 million from RM176.86 million a year earlier.

Nambawan Super Goes Live With SmartStream’s AI-driven Air Solution

KUALA LUMPUR, Feb 27 (Bernama) -- SmartStream Technologies, the financial transaction lifecycle management (TLM) and solutions provider, announced that Nambawan Super Limited (NSL), Papua New Guinea's largest superannuation company, has successfully implemented SmartStream’s Air application for artificial intelligence (AI) data processing, enhancing data accuracy and operational efficiency.