EPF’S 1Q income rises 33.1% to RM19.2bil

PETALING JAYA: The Employees Provident Fund (EPF) recorded total distributable income of RM19.20bil for the first quarter ended March 31, 2024 (1Q24), an increase of 33.1% from the RM14.42bil recorded in the corresponding quarter in 2023. The distributable income does not include mark-to-market (MTM) gains of securities that have not been realised. EPF chief executive officer, Ahmad...

EPF records RM66.99bil in total investment income for 2023

SHAH ALAM: The Employees Provident Fund (EPF) recorded RM66.99bil in total investment income for the financial year ended Dec 31, 2023 – which is a 29% year-on-year increase from the RM51.91bil reported in 2022. The total investment income was reported after netting off equity write-downs. Of the RM66.99bil in total investment income, RM5.72bil was generated from mark-to-market...

Dr Wee questions university’s R&D commercialisation progress

PETALING JAYA: Datuk Seri Dr Wee Ka Siong has asked about the progress made with research and development commercialisation projects at public universities and the use of citation frequency as a criterion of professorship. On Thursday (Nov 9), he asked Deputy Higher Education Minister Datuk Mohammad Yusof Apdal this as an additional question in the Dewan...