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Seventh day of MCO focus on society which did not comply with the order
KUALA LUMPUR: Enforcement of the Movement Control Order (MCO), which enters its seventh day today, will focus on the eight per cent of the society who still do not comply with the ruling. This is to ensure the target of
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Don’t compare EPF dividends with 10 years ago – Chief
KUALA LUMPUR: Employees Provident Fund (EPF) chief Alizakri Alias said contributors should not compare the dividends announced for 2019 with those paid out 10 years ago. He said the environment was different then, so it is rather unfair to make
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PMO: PLUS to slash toll rates in Feb but concession period extended for 20 years
PUCHONG: All highways owned by the North-South Expressway (PLUS) will reduce its toll rates by 18%, starting Feb 1. In a statement today, the Prime Minister’s Office (PMO) said the decision to reduce the toll rates was made in a
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Mahathir: Govt not selling PLUS but highway operator must reduce toll rates
KUALA LUMPUR: Prime Minister Tun Dr Mahathir Mohamad said that government has decided not to sell Projek Lebuhraya Utara-Selatan (PLUS) Malaysia Berhad but the concessionaire will have to reduce toll rates. Mahahtir said PLUS, the country’s biggest highway concessionaire, would
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EPF solution to PTPTN debts?
PUCHONG: The National Higher Education Fund Corporation (PTPTN) has proposed deductions from its debtors’ combined monthly Employees Provident Fund (EPF) contribution from employer and employee as the “best possible solution” for its repayment scheme. The yet-to-be-approved proposal would only erase
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Police report lodged against Tamil Nesan ex-boss for commercial crime
GOMBAK: Former editorial staff of Tamil daily, Tamil Nesan have lodged police reports against their former managing director and chief executive officer, S Vell Paari for allegedly committing commercial crime by failing to contribute to Employees Provident Fund (EPF) and
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EPF, Khazanah objected Maju Holdings’ bid for PLUS
KUALA LUMPUR: The Ministry of Finance (MoF) has made a preliminary decision to oppose the takeover of highway operator PLUS Malaysia Bhd by Maju Holdings Sdn Bhd after considering the views from PLUS’ major shareholders Khazanah Nasional Bhd and the
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EPF buys over UK’s Sport Direct headquarters
PUCHONG: Malaysia’s Employees Provident Fund has bought Sports Direct International Plc’s U.K. headquarters for 120 million pounds ($153 million), reported The Sunday Times, based on sources’ information. Billionaire Mike Ashley’s Sports Direct said on May 17 that it was in
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EPF adopts United Nations-supported Investment Principles
KUALA LUMPUR: The Employees Provident Fund (EPF) has signed the United Nations-supported Principles for Responsible Investment. This formally underlined the pension fund’s commitment towards responsible investing as well as environment, social and governance (ESG), said chief executive officer Tunku Alizakri
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