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EPF chief executive officer Datuk Seri Amir Hamzah Azizan said the stock market continued to be the main income contributor for the fund, accounting for 54% of total gross investment income at RM7.5bil.
KUALA LUMPUR: The Employees Provident Fund has posted a total gross investment income of RM48.02bil for the nine months ended Sept 30, 2021, which was 7.7% improved over RM44.6bil in the same period in 2020.
KUALA LUMPUR: The Covid-19 pandemic has brought inequalities into a sharper focus and concern whereby the value of decent work, good health, quality education, and a meaningful standard of living has now been brought into a new light.
KUALA LUMPUR: The Employees Provident Fund (EPF) will launch the i-Sayang facility in the first quarter of 2022, as part of its on-going effort to improve the livelihood of the people.
THE recent rally of global crude oil prices has yet to positively impact the share prices of locally listed oil and gas (O&G) service providers, which have been underperforming for many years.
Budget 2022, unveiled by Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz, has the largest ever expenditure plan. It looks to also promote ESG themes in its proposals.
KUALA LUMPUR: The Employees Provident Fund said the government's move to extend the statutory contribution rate at 9% until mid-2022 should come as a relief as it helps to increase employee’s take-home salary and ease financial hardship.