News Formal

Mandatory EPF Contributions for Foreign Workers Seen Boosting Malaysian Equity Market

  • 📰 staronline
  • ⏱ Reading Time:
  • 34 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 75%

Business ニュース

EPF,Foreign Workers,Malaysian Equity Market

AmInvestment Research (AmResearch) believes that the proposed mandatory Employees Provident Fund (EPF) contribution for non-citizen employees in Malaysia will have a positive impact on the domestic equity market. The research house estimates that this move could inject up to RM1.7 billion in additional annual inflows. The contribution rate for new contracts is 11% for employees and 12% to 13% for employers, with existing contracts gradually increasing over six years. AmResearch also highlights other factors contributing to healthy market liquidity, including rising privatisation activities, increased cash levels, and calls for GLICs to focus on domestic investments.

AmResearch said the move could inject additional annual inflows of up to RM1.7bil in the domestic equity market.

This is under the assumption that there are 2.5 million foreign workers, a minimum wage of RM1,700 monthly, an employee and employer EPF contribution of 11% and 13%, as well as having 14% of assets flowing to domestic equities. “It is also reported that implementation of the initiative is subject to amendments to the EPF Act 1991,” AmResearch noted.

“We like ‘unloved’ sectors such as technology and plantations, due to tariff driven supply chain realignment activities and expectations of stronger crude palm oil prices caused by supply tightness.” AmResearch said for technology, earnings have been gradually improving while revealing its top pick to be

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 4. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Mandatory EPF Contributions for Foreign Workers to Boost Malaysia's Domestic Equity MarketAmInvestment Bank predicts a significant inflow of funds into Malaysia's domestic equity market due to mandatory EPF contributions for non-citizen employees. The report estimates this could reach up to RM1.7 billion annually.
ソース: staronline - 🏆 4. / 75 続きを読む »

Mandatory EPF for Foreign Workers Could Inject RM1.7b Annually into Malaysia's Equity MarketAmInvestment Bank projects that mandatory EPF contributions for non-citizen employees could boost Malaysia's domestic equity market by up to RM1.7 billion annually. The estimate considers factors like the number of foreign workers, minimum wage, and EPF contribution rates.
ソース: theSundaily - 🏆 25. / 51 続きを読む »

AmInvestment forecasts RM1.7b boost to Malaysia’s equity market from non-citizen employees’ EPF contributionsKUALA LUMPUR, Jan 2 — AmInvestment Bank Bhd projects that mandatory Employees Provident Fund (EPF) contributions for non-citizen employees could channel up to RM1.7 billion in...
ソース: malaymail - 🏆 1. / 86 続きを読む »

288,000 EPF members register to contribute above the statutory 11pc employee rate, says deputy finance ministerKUALA LUMPUR, Dec 19 — A total of 288,000 members of the Employees Provident Fund (EPF) have registered to contribute more than the statutory rate of 11 per cent for employee...
ソース: malaymail - 🏆 1. / 86 続きを読む »