5h ago
KUALA LUMPUR, Oct 1 (Bernama) -- Malaysia's pension system needs to evolve as people live longer and patterns of work change, with reforms needed to strengthen coverage, adequacy, equity and the sustainability of retirement income over a longer lifespan.
2d ago
KUALA LUMPUR, Sept 29 (Bernama) -- Malaysia can consider establishing a national-level decumulation mechanism that converts accumulated retirement savings into lifelong income as the country prepares for an ageing population, said Singapore Central Provident Fund Board (CPFB) deputy chief executive officer (services) Wong Yan Jun.
2d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Sept 29 (Bernama) -- A university researcher suggested that Employees Provident Fund (EPF) contributors must have at least RM100,000 in savings by the age of 55 to enable them to afford living expenses of RM780 per month after retirement.
2d ago
KUALA LUMPUR, Sept 29 (Bernama) -- Malaysia aims to have six in 10 Employees Provident Fund (EPF) members on track to reach the ‘Basic Savings’ benchmark of RM390,000 by age 60 by 2030 under the Retirement Income Adequacy (RIA) Framework.
2d ago
By Niam Seet Wei
KUALA LUMPUR, Sept 29 (Bernama) -- Audit firm BDO Malaysia has called on the government to simplify tax rules and reduce compliance costs in Budget 2027 to lower the cost of doing business.
3d ago
KUALA LUMPUR, Sept 28 (Bernama) – The Malaysian Direct Selling Industry Development Association (MDSIDA) urges industry players to embrace technological transformation, including artificial intelligence (AI), to drive growth while maintaining ethical and compliance standards.
6d ago
KUALA LUMPUR, Sept 25 (Bernama) -- Minister of Plantation and Commodities Datuk Seri Dr Noraini Ahmad will lead an official mission to India from Sept 27 to Oct 1, 2026, to strengthen Malaysia’s engagement with the Indian market.
6d ago
By Nur Faradilla Mohamad
MERSING, Sept 25 (Bernama) – The implementation of the SejaTi MADANI Programme has had a direct impact on the economy of the Kampung Air Merah community here when the stingless bee breeding project undertaken by 13 participants from the B40 group and asnaf successfully generated sales of RM19,108 in over a year.
8d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Sept 23 (Bernama) -- Bangladesh is eyeing a move from the existing conventional trade to greater economic integration by diversifying trade, broadening investments and deepening business partnerships through business engagements.
8d ago
KUALA LUMPUR, Sept 23 (Bernama) -- Bank Rakyat is strengthening its digital transformation agenda and support for Malaysian micro, small and medium enterprises (MSMEs) through strategic engagements with Alibaba and Lenovo.
9d ago
KUALA LUMPUR, Sept 22 (Bernama) -- Project Management Institute (PMI), a global authority in project management, announced that President and Chief Executive Officer (CEO), Pierre Le Manh, will step down from his role effective Sept 30, with Chief Growth Officer, Johannes Heinlein appointed interim President and CEO from the same date.
9d ago
KUALA LUMPUR, Sept 22 (Bernama) -- The International Chamber of Commerce (ICC) and Carbon Measures announced that Colombia’s former President, Iván Duque Márquez, has been named Chair of the newly created Technical Expert Panel (TEP) Advisory Group, established to complement the work of the TEP on Carbon Accounting.