PETALING JAYA: Maintain the 2% Employees Provident Fund (EPF) contribution rate for foreign workers for a reasonable period to allow businesses to plan accordingly, says the Federation of Malaysian Manufacturers (FMM).
Its president Tan Sri Soh Thian Lai said it would also provide businesses with much-needed cost certainty and allow industries to adjust.
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- New EPF measures to benefit over 2.3 million people, including two million foreign workers
- Mandatory EPF for non-Malaysians in line with international standards, says EPF
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