High-value jobs and boosting productivity preferable to upping EPF contributions, says SME group

Photo: FAIHAN GHANI/The Star

PETALING JAYA: Increasing employer contributions to the Employees Provident Fund (EPF) will not help businesses grow or increase productivity, says the Small and Medium Enterprises Association of Malaysia (Samenta).

The association suggested that the government should, instead, focus on creating higher-value jobs for the people and help businesses and workers to be more productive.