A man stood before the EPF logo at Menara KWSP in Kwasa Damansara. —AZHAR MAHFOF/The Star
KUALA LUMPUR: 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.
In a statement, ACCIM said the revised rate, reduced from the initially proposed 12 per cent, takes into account the rising burden of high operating costs and the challenging business environment caused by the disruptive impact of tariff measures by major economies.
