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Employees' Provident Fund ( EPF; Malay: Kumpulan Wang Simpanan Pekerja, KWSP) is a federal statutory body under the purview of the Ministry of Finance. It manages the compulsory savings plan and retirement planning for private sector workers in Malaysia. Membership of the EPF is mandatory for Malaysian citizens employed in the private sector ...
Amir Hamzah bin Azizan ( Jawi: أمير حمزه عزيزان, Malay pronunciation: [amir hamzah]; born 1967) is a Malaysian corporate figure who has served as the Minister of Finance II and Senator since December 2023. He served as the Chief Executive Officer (CEO) of the Employees Provident Fund (EPF) from March 2021 to his resignation and political appointments in December 2023. [1] He is ...
Retirement Fund (Incorporated) ( Malay: Kumpulan Wang Persaraan (Diperbadankan); KWAP) is a statutory body which manages the pension scheme for Malaysia's public employees. KWAP is the investment manager of the Retirement Fund, which is applied towards financing the government's pension liability, and is responsible for the administration and payment of pension to public sector retirees. [1 ...
A consortium led by Malaysia's sovereign wealth fund Khazanah Nasional Bhd and state pension fund the Employees Provident Fund (EPF) announced on May 15 an offer for the shares of MAHB it doesn't ...
KUALA LUMPUR (Reuters) - Malaysia's Employees Provident Fund (EPF) said it has appointed Alizakri Alias as the pension fund's new chief executive effective on Aug. 20, according to a statement on ...
The Malaysian New Economic Policy was created in 1971 with the aim of bringing Malays a 30% share of the economy of Malaysia and eradicating poverty amongst Malays, primarily through encouraging enterprise ownership by Bumiputeras.
This is a list of agencies of Malaysian federal government. The list includes statutory bodies (ticked with *) government-linked companies and organisations (ticked with **).
Nepal and Sri Lanka have similar employees provident fund schemes. In Malaysia, The Employees Provident Fund (EPF) was established in 1951 upon the Employees Provident Fund Ordinance 1951. The EPF is intended to help employees from the private sector save a fraction of their salary in a lifetime banking scheme, to be used primarily as a ...