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BANGI: The government has proposed an index to accurately measure the cost of living to assist employers in determining the right salary increase.
KUALA LUMPUR: The Employees Provident Fund (EPF) has expressed its concerns over the feud between AirAsia Group Bhd and Malaysia Airports Holdings Bhd (MAHB), which it deemed to be damaging to both companies and Malaysia.
KUALA LUMPUR: Uncertainties worldwide will be the new norm as businesses adjust into 2019, and as far as the Employees Provident Fund (EPF) is concerned, it is not a time for it to be “too adventurous.”
KUALA LUMPUR: The Employees Provident Fund has recorded RM50.88bil in gross investment income last year, registering a 10-year compound annual growth rate (CAGR) of 10.26%.
KUALA LUMPUR: Beginning Jan 1, 2019, the minimum contribution of employees and employers to the Employees Provident Fund (EPF) will be aligned with the Minimum Wages Order (Amendment) 2018 of RM1,100 for both Peninsular Malaysia, and Sabah and Sarawak.