Palm oil industry urges govt to reconsider mandatory EPF contribution for foreign workers


PETALING JAYA: The government should reconsider its decision to mandate a 2% Employees Provident Fund (EPF) contribution for foreign workers, say palm oil industry players.

The group of 13 business associations affiliated with the palm oil supply chain said that while the 2% contribution may seem minimal, with an estimated 336,500 foreign workers employed in the plantation sector, the industry would collectively bear an additional cost of approximately RM137mil annually.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Brothers killed after motorcycle crashes into guardrail on NSE
Immigration Dept aims for full digitalisation and zero public complaints, says DG
Suspected tiger attack behind dead, missing cattle near Chemor, say Perak cops
Exempt food industry from paying EPF for foreign workers, urges association
Diploma student dies from high blood pressure complications in Melaka
Airasia’s hijab uniform option a progressive, commendable move, says Mohd Na’im
More flood victims return home in Perak, Selangor
Thunderstorm warning for four states, Labuan until 1pm
Proposed social security bill promises round-the-clock protection for workers, says Lee Lam Thye
Have you used your RM100 Sara aid yet?

Others Also Read