Foreign workers' EPF contribution a game changer to retain workforce and hire more local talent

MEF president Datuk Dr Syed Hussain Syed Husman — AZLINA ABDULLAH/The Star

KUALA LUMPUR: Foreign workers' mandatory Employees Provident Fund (EPF) contribution will benefit Malaysia’s economy over the long term as employers will favour hiring more local talent as costs increase.

While operational costs would be higher, the advantage is that it would foster sustainable business practices among local industries.