Walmart provides free college tuition and books to 1.5m employees
PETALING JAYA (July 28): The 1.
MEF again pleads with govt to end full lockdown to avert imminent lasting damage to economy
KUALA LUMPUR (June 25): The Malaysian Employers Federation (MEF) today again pleaded with the government to end the Full Movement Control Order (FMCO) before more employees lose their job, making it even harder for the Malaysian economy to recover.
90 foreign workers tested Covid-19 positive at furniture maker Sern Kou
KUALA LUMPUR (June 12): Sern Kou Resources Bhd has announced that 90 employees in its wholly-owned subsidiary Sern Kou Furniture Industries Sdn Bhd have been tested Covid-19 positive in Muar.
Sime Darby Property’s foreign shareholding rises for second consecutive month
KUALA LUMPUR (June 10): Sime Darby Property Bhd’s foreign shareholding rose for the second consecutive month to 9.
NUBE calls out HSBC Malaysia for announcing layoff exercise during lockdown
KUALA LUMPUR (Jun 6): The National Union of Bank Employees (NUBE) is protesting against the voluntary separation scheme (VSS) and mutual separation scheme (MSS) announced by HSBC Bank Malaysia on June 3, 2021.
EPF subsidiary Kwasa Land appoints Adenan Md Yusof as MD
KUALA LUMPUR (April 30): The Employees Provident Fund's (EPF) wholly-owned subsidiary Kwasa Land Sdn Bhd has appointed Adenan Md Yusof as managing director (MD) effective Monday (May 3, 2021) to contribute towards the development of the EPF's estimated 920ha (about 2,300 acres) Kwasa Damansara township in Selangor.
EPF clarifies members will continue to earn dividends up to age 100, dismisses viral message
KUALA LUMPUR (April 20): The Employees Provident Fund (EPF) has clarified that members will continue to earn dividends for the remaining portion of their EPF savings up to age 100.
CEO: EPF members should have a say on dividend — tiered or single
KUALA LUMPUR (Feb 27): Members saving their retirement fund with the Employees Provident Fund (EPF) should have a say if there is a change in the existing way dividends are being paid annually to a tiered structure, its outgoing CEO Tunku Alizakri Alias (pictured) said.
EPF plans to sell assets
KUALA LUMPUR (Feb 6): The Employees Provident Fund (EPF) “has identified at least seven assets” with a total estimated value of RM350 million to RM450 million to be put up for sale, sources told the Edge Malaysia.
I-Stone says 11 employees tested positive for Covid-19
KUALA LUMPUR (Jan 13): I-Stone Group Bhd has temporarily halted production activities at two of its subsidiaries in Johor Bahru after 11 employees tested positive for Covid-19.
