Not the rich cronies but the rating agencies instead that stopped it for now as they need to clear local fiscal path 1st before implementing it 🤦‍♀️
Wait for GST comes in 2025 before we talked about FSI 🤦‍♀️
Crash is already happened last year and we are trading sideaways this year with minor dip
Tech is cutting due to demand rebalancing hence not suprising as it is coming soon to load up on it as the price valuation is tapering soon to fair value

Won’t be 2nd year bleeding as long as the war doesn’t prolong or any escalation happens this year but more short battles and standstill again 🤦‍♀️

We are already in recession just that Biden doesn’t wanna accept the fact that he is the major cause of it by stoking and daring Putin to act 🤦‍♀️

This year we will be trading sideaways with minor dip is worse case scenario for me while buying technical quality holdings is the key

Trading US markets which is why morning is missing 😂

ok noted. Gonna open for the kids and let the interest compound. Thanks.

There is a sure fire way to get more funds into EPF... but many won't like what I am suggesting.

implement tiering, but pay more div % to those with more balances in EPF. I can guarantee you, money will flood in.

say those with balance between 500 to 1 million, get extra 1%
those 1 million to 5 million, get extra 2%

btw, this is one reason why banks offer higher rates for larger FD sizes. and not for small FD size.

edit:
I forgot to add that this is a lot more logical than the tiering to reward smaller balances.
Simply because the ones with low balances already shouting like mad they want to withdraw their funds... Anyone think these group can throw in extra say 100K rm inside???

I think when listening to what Nurhisham said verbatim, what I am hearing is that the withdrawals resulted in a missed opportunity but it did not affect EPF's performance, which was more affected by market developments.

Look. There were some obvious great years of earnings. Yet the dividend given is not reflective.
Vice versa, some bad years and yet.
We have discussed this before.
Surely there is some retained earnings in the accounts to smoothen the awards through the years.

EPF is not apolitical. Obviously.

i hope they do not make 10% !        Unkerpanjang

Okie.
i settle for 9.88%.

28 billion to cover expenses???? 

div declared are all just accounting.... the powder, dry or wet, is still with EPF. only when the funds are withdrawn by members does it count.

Who are you calling old and ghey?  Unkerpanjang

Where is your proverbial  ?

but but if give 10%, I sure withdraw 5% out and spend a small portion to stay at the most expensive hotel room facing klcc...
to witness the race... :-P
the 5% go throw into crypto for one round of big small....

Came back here  to get the latest news on the important %. Not much chit chats this time. Strange.

One thing came to mind the other day. Hope the accounting/economic/money gurus here can help.

Say EPF only invests in one foreign share A. Q1, Q2 and Q3 results are all very good. But Q4 turns out very bad, negative.

A. Is annual return the sum of Q1, Q2, Q3 & Q4?

B. Or annual return =  the difference between end of year and start of year balances? I think it should be this.

C. Problem with A is, Q1, Q2 & Q3 results may be very good due to the favourable exchange rate. But that gains are not realised at the end of the year when the exchange takes a big hit?

Cheerio.

1 million gives 55k, one month 4,500

My 2.88 cents.