PM wants EPF to increase domestic investment to 70%

  • 📰 staronline
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 75%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Anwar said EPF should also review its direction so that investments made by the fund reflect the aspiration of the government.

Anwar, who is also the finance minister, said the fund should also review its direction so that investments made by the fund reflect the aspiration of the government which has focused on, among others, youth involvement, food security, and startups.

"If the government can find new investments, more revenue will be generated, and this will benefit the people,” he said in his keynote speech at the officiating of Menara KWSP in Kwasa Damansara here today. KWSP is the Malay acronym for EPF."There have been good strategic investments, not just in terms of industry but also in infrastructure, such as PLUS highway, Smart Tunnel, and for housing projects, I admit that.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Anwar wants EPF to increase domestic investment to 70%Domestic investment should follow the present needs of the country and people, Anwar added. theSun theSundaily economy investment savings EPF KWSP Malaysia
Source: theSundaily - 🏆 25. / 51 Read more »