Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Search results

51-60 results from 685 for query «epf»

March 10, 2017 12:02 AM ‘Ineligible people applying for BR1M’

AT LEAST 300,000 people, who earn more than RM5,000 a month each, apply for BR1M each year, Finance Minister Datuk Seri Johari Abdul Ghani said. Only those with a household income of RM3,000 a month were eligible for BR1M but the ministry found 260,000 applicants applying for the government aid despite having an RM5,000 salary, he said. Also, he said, about 15

March 7, 2017 2:09 PM EPF ceases to be Bursa Malaysia’s substantial shareholder

PETALING JAYA: The Employees Provident Fund (EPF) has ceased to be a substantial shareholder in stock exchange operator Bursa Malaysia Bhd after disposing 500,000 shares last Thursday, leaving it with 26.56 million shares or 4.95%, according to the latest filing with the bourse. Within the week prior to Friday, the retirement fund had disposed of a total 10

February 20, 2017 4:50 AM EPFO to launch online PF withdrawal facility by May this year

The Employees’ Provident Fund Organisation is expected to soon launch an online facility for withdrawal of provident fund money and pension fixation New Delhi: Retirement fund body Employees’ Provident Fund Organisation (EPFO) is expected to launch online facility for settlement of claims, including EPF withdrawal and pension fixation, by May this year to put an end to tedious 8

February 20, 2017 2:05 AM Online EPF withdrawal, pension fixation to be a reality by May

NEW DELHI: Retirement fund body EPFO is expected to launch online facility for settlement of claims, including EPF withdrawal and pension fixation, by May this year to put an end to tedious paper work by its members. At present, the Employees' Provident Fund Organisation (EPFO) receive close to 1 crore applications manually for settlement of EPF withdrawal 9

February 19, 2017 9:24 AM MTUC calls on EPF to declare same dividend as 2015

PETALING JAYA: The Malaysian Trades Union Congress (MTUC) has called on the Employees Provident Fund (EPF) to declare the same dividend of 6.4% in 2015 for last year instead of the 5.7% it had announced on Saturday. Its secretary-general J. Solomon (pix) claimed EPF can pay out the extra 0.7% which incurs an additional payout of around RM4.5 billion 9

February 2, 2017 8:57 AM EPF reduces stake in Malakoff

KUALA LUMPUR: The Employees Provident Fund (EPF) reduced its shareholding in Malakoff Corporation Bhd after selling 3.43 million shares in late January. Filings to Bursa Malaysia showed the fund sold two million shares of the independent power producer on Jan 23. It sold 1.03 million shares the next day. The latest filing showed the EPF disposed of 400,000 shares 9

January 24, 2017 1:43 AM MIDF positive on Eco World JV with EPF

KUALA LUMPUR: MIDF Research is “positive on the news” that Eco World Development Bhd and the Employees Provident Fund (EPF) and maintains its “buy” call on Eco World with a target price of RM1.68. “We are positive on the news as EPF subscription into Eco Horizon Sdn Bhd (EHSB) will reduce Eco World’s capital commitment on the project. Hence, Eco World 12

January 17, 2017 7:51 AM EPF to allocate RM50 billion more to Islamic fund in 2018

The additional injection is more than the RM20-RM30 billion it had estimated it would allocate for 2018. KUALA LUMPUR: The Employees Provident Fund (EPF) will allocate a further RM50 billion to its Islamic fund in 2018, potentially boosting the domestic Islamic finance market. The additional injection was more than the RM20-RM30 billion the fund had estimated 29

January 17, 2017 3:16 AM EPF Simpanan Shariah hits RM59.03bil

KUALA LUMPUR: The Employees Provident Fund (EPF) says a total of RM59.03bil of the initial RM100bil fund allocated for Simpanan Shariah 2017 have been taken up and 635,037 members have switched to Simpanan Shariah, as at Dec 23, 2016. “We have anticipated that at least half of the initial RM100bil fund will be taken up and we are truly encouraged by the latest 28

December 30, 2016 8:22 AM Public Mutual declares RM115m distributions for 10 funds

KUALA LUMPUR: Public Mutual has declared distributions amounting to more than RM115mil for 10 funds for the financial year ended Dec 30, 2016. Public Mutual, which manages RM69.9bil in funds, said on Friday said the distribution per unit for the Public Savings Fund was 1.70 sen and for the Public Focus Select Fund 0.5 sen while for the Public Strategic 8