PETALING JAYA: Delay the implementation of the Employees Provident Fund contribution scheme for foreign workers, business players said, citing concerns about the financial burden it would impose on companies.
These measures, he said, could severely impact operating costs, especially for companies heavily reliant on foreign labour. Soh urged the government to provide clear details on the scheme, including contribution rates, coverage, and phased implementation timeline. Malay Businessmen and Industrialists Association of Malaysia called for the EPF contribution scheme for foreign workers to be implemented in phases.
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