News about EPF

PETALING JAYA (Sept 16): Government’s role is crucial in supporting the rollout of new construction technologies in the country and regulation is also important for the industry players to adapt to new building methods, said Hong Kong-based Ho & Partners Architects (HPA) executive chairman Nicholas Lik Chi Ho.

PETALING JAYA (Sept 16): The Covid-19 pandemic may have hit the construction sector but it also opened up a new avenue for the industry players to rethink the conventional construction process and start to embrace Industrialised Building System (IBS) and Modular Integrated Construction (MiC), said Malaysian Institute of Architects (PAM) president Datuk Ezumi Harzani Ismail.

KUALA LUMPUR (July 16): Sime Darby Bhd has appointed its non-independent non-executive director Tan Sri Samsudin Osman (pictured) as chairman, effective immediately.

KUALA LUMPUR (June 19): The Malaysian Trades Union Congress (MTUC) is urging the government to immediately replace the Employees Provident Fund (EPF) i-Lestari withdrawal scheme with RM500 monthly cash aid for workers in the B40 income group, after it was revealed that some fund members had already exhausted their Account 2 after two months.

KUALA LUMPUR (June 2): Kwasa Land Sdn Bhd, the wholly-owned local property development arm of the Employees Provident Fund (EPF), has named Datuk Seri Michael K C Yam (pictured) as its new chairman, effective today.

“How can I enjoy my retirement when I can’t even survive now with the Covid-19 pandemic?” The above encapsulates the plight of many Malaysians especially the B40 and lower segment of M40 groups who are struggling to make ends meet during this economic distress caused by the Covid-19 pandemic and Movement Control Order.

KUALA LUMPUR (May 15): The Employees Provident Fund (EPF) has ceased to be a substantial shareholder of Eco World Development Group Bhd after nearly five years.

KUALA LUMPUR (May 13): The Employees Provident Fund (EPF) is extending the date for employers to remit their mandatory contribution for May until July, from the 15th to the 30th of each month.

KUALA LUMPUR (April 14): The Employees Provident Fund (EPF) is further extending the deadline for employers in Malaysia to remit their mandatory contribution for the salary month of March 2020 (April contributions) to April 30 from the previously announced April 24, following requests from employers for more time to do so.

KUALA LUMPUR (April 14): The Employees Provident Fund (EPF) is suing a subsidiary of Ikhmas Jaya Group Bhd to recover RM2.