Oil price fall impact on EPF limited


KUALA LUMPUR: The decline in oil prices has had a “limited” impact on the portfolio of the Employees Provident Fund (EPF), said chief executive officer Datuk Shahril Ridza Ridzuan.

“Oil stocks make up a minuscule portion of our portfolio. Therefore, the impact as a whole has been actually very limited. We don’t over-concentrate our assets into any one segment of the market,” he said at a forum at Invest Malaysia 2015 yesterday.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , epf

   

Next In Business News

Chin Hin taps Ajiya for two-year RM250mil loan
MI Technovation posts three-fold surge in net profit
Inari switches gear to remain relevant
InNature diversifies into the F&B industry
New capacity in the pipeline
Yinson’s RM16bil debt too big to ignore
Leap in operating income for UOB’s retail banking
Paramount emerges as major shareholder in EWI
Coordinated approach crucial to strengthen SMEs
CIMB Securities eyes larger market share

Others Also Read