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.

Malaysia, Uzbekistan Eye Joint Industrial Zone In Uzbekistan

KUALA LUMPUR, Feb 5 (Bernama) -- Malaysia and Uzbekistan see promising prospects to jointly establish an industrial zone in Uzbekistan.

Malaysia's Global Ties To Boost Investments, Exports -- PM Anwar

KUALA LUMPUR, Feb 4 (Bernama) -- Malaysia’s proactive approach in establishing ties with all countries, in line with the government’s neutral and independent stance, will help to create investment opportunities while boosting exports.

CPO Futures Continue Uptrend On Higher Soybean And Crude Oil Prices

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 3 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today, extending gains for the fifth consecutive day of trading on the back of stronger soybean oil and crude oil prices.

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).

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.

Beefing Up Smallholders, Higher-yielding Trees critical for Rubber Industry’s Growth - Expert

KUALA LUMPUR, Feb 2 (Bernama) -- A comprehensive and systematic approach to re-organise smallholder rubber farmers into a federation, coupled with replanting of higher-yielding rubber tree varieties, will be critical for Malaysia to reclaim its position as the world’s leading rubber producer.

Property Transactions Hit RM217.46 Bln In 2024, Far Exceed Initial Target - Nga Kor Ming

IPOH, Jan 31 (Bernama) -- Malaysia’s real estate transactions value hit RM217.46 billion in 2024, far exceeding the initial target of RM100 billion set at the beginning of the year, said Minister of Housing and Local Government, Nga Kor Ming.

MITI Must Intensify Efforts To Achieve RM13 Bln Trade And Investment Target At World Expo 2025 -- Fadillah

KUALA LUMPUR, Jan 28 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) needs to intensify efforts in formulating strategies to ensure the trade and investment target of RM13 billion at the World Expo 2025 in Osaka, Japan, (Expo 2025 Osaka) is achieved.

Key Alliance Appoints Farhash Wafa Salvador As Chairman

KUALA LUMPUR, Jan 28 (Bernama) -- Key Alliance Group Bhd has appointed Datuk Wira Farhash Wafa Salvador as its new chairman. 

Malaysia, Indonesia Committed To Ensure Continued Cooperation Between Petronas And Pertamina -- PM Anwar

KUALA LUMPUR, Jan 27 (Bernama) -- Malaysia and Indonesia remain committed to ensuring continued cooperation between the countries’ oil giants Petroliam Nasional Bhd (Petronas) and PT Pertamina (Persero).

Malaysia Eyes Trade Growth With FTA Partners, Emerging Markets This Year -- Tengku Zafrul

KUALA LUMPUR, Jan 27 (Bernama) -- Malaysia plans to focus on strategic engagements with free trade agreement (FTA) partners and emerging markets this year in an effort to increase its exports, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.