288,000 EPF members register to contribute above the statutory 11 pct employee rate
Deputy Finance Minister Lim Hui Ying says contributors can increase their savings through voluntary contributions.
Thu Dec 19 2024
EPF for Migrant Workers: Malaysia seeks to align with global labour standards, boost investment competitiveness
Malaysia's proposal to extend EPF contributions to migrant workers is being hailed as a strategic move to align with global labour practices
Wed Dec 18 2024
Consider This: EPF for Migrant Workers (Part 1) — Ensuring A Fair Share For All
To mark International Migrants Day on the 18th of December, today we reflect on the millions of workers who have left their homes and families to cross borders in search of better opportunities. In Budget 2025 the Malaysian government unveiled a bold proposal to extend mandatory EPF contributions to non-citizen workers. The move is seen as a step forward in improving worker welfare and aligning Malaysia closer to international labour standards. But for business owners, the measure raises red flags about increased costs and potential economic impacts. On this episode of #ConsiderThis Melisa Idris speaks with Gopal Kishnam Nadesan, Secretary General of the Labour Solidarity and Learning Resources Association, which is a broad coalition of 58 Malaysian trade unions and worker organisations from various sectors.
Wed Dec 18 2024
Consider This: EPF for Migrant Workers (Part 2) — Ensuring A Fair Share For All
To mark International Migrants Day on the 18th of December, today we reflect on the millions of workers who have left their homes and families to cross borders in search of better opportunities. In Budget 2025 the Malaysian government unveiled a bold proposal to extend mandatory EPF contributions to non-citizen workers. The move is seen as a step forward in improving worker welfare and aligning Malaysia closer to international labour standards. But for business owners, the measure raises red flags about increased costs and potential economic impacts. On this episode of #ConsiderThis Melisa Idris speaks with Professor Niaz Asadullah, Southeast Asia Lead of the Global Labour Organisation.
Wed Dec 18 2024
EPF launches Belanjawanku 2024/2025 and Retirement Income Adequacy Framework
EPF's CEO says the RIAs recommended savings levels are from a single-tier savings benchmark to a three-tier savings framework.
Thu Dec 12 2024
Sejuta ahli KWSP buat caruman sukarela cecah RM11.16 bil setakat Okt 2024 - Amir Hamzah
Dalam tempoh sama, seramai 288,000 ahli aktif formal KWSP juga telah mencarum melebihi kadar berkanun iaitu 11 peratus.
Tue Dec 10 2024
[COLUMNIST] The cost of growing old: Rising medical costs and the insurance dilemma
Healthcare insurance premiums, meant as safety nets for access and financial relief, are now becoming increasingly inaccessible.
Sat Nov 30 2024
i-Lindung: RM44.2 mln withdrawn from EPF Akaun Sejahtera as of September 2024 - Lim
The plan allows EPF members to withdraw funds from their Akaun Sejahtera to purchase life insurance and critical illness coverage under.
Wed Nov 20 2024
AWANI Tonight 15 Nov 2024
AWANI Tonight with @_farhanasheikh
1. MAHB: Khazanah, EPF-led consortium make RM11 per share offer
2. Sri Lanka Election: President's party scores a landslide victory
1. MAHB: Khazanah, EPF-led consortium make RM11 per share offer
2. Sri Lanka Election: President's party scores a landslide victory
Fri Nov 15 2024
AWANI Tonight: Khazanah, EPF-led consortium offer to take over MAHB
A consortium led by Khazanah and the Employee Provident Fund (EPF) has made a formal takeover ofer for Malaysia Airports Holdings Berhad (MAHB) at RM11 per share.
Fri Nov 15 2024
Housewife loses RM82,175 to non-existent investment scheme
The victim realises she has been deceived when she cannot withdraw the promised returns and is instead asked to pay an extra withdrawal tax.
Tue Oct 29 2024
New legislation on gig workers to ensure comprehensive welfare - DPM Ahmad Zahid
The proposed legislation will be tabled by the Human Resources Ministry (KESUMA) in the current session of the Dewan Rakyat.
Mon Oct 28 2024
MDEC-funded digital games, status of five LRT3 stations among focus of Dewan Rakyat today
The current Dewan Rakyat session will sit for 35 days, concluding on Dec 12.
Mon Oct 28 2024
PM takes note over minimum wage, mandatory EPF contribution - Fahmi
Any decision will probably be announced when PM winds up the debate on the budget for the Ministry of Finance later, says Fahmi Fadzil.
Sat Oct 26 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar
The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024