EPF aims to boost investment income

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Indonesia Berita Berita

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EPF’s investment income rose three per cent to RM15.16 billion in 1Q 2023 from RM14.77 billion recorded in 1Q 2022.

EPF chief executive officer Datuk Seri Amir Hamzah Azizan said easing concerns over issues such as interest rate hikes will help in generating better returns during the quarter compared with 1Q 2023 ended March 31, 2023.

"So, this year, we will invest approximately 70 per cent domestically and the balance will be invested abroad," he told reporters after launching the 2022/2023 Belanjawanku guide and mobile app here today.

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