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EPF DIVIDEND, EPF
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SUSHappy360
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 Sep 22 2020, 11:32 PM
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Getting Started
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QUOTE(prophetjul @ Sep 20 2020, 10:18 AM) Rm 12.16b are gross income. After taking into consideration the write-down on listed equities, a prudent practice by the EPF in ensuring that its long-term investment portfolio remains healthy, net investment income came in at RM7.50 billion. There is significant write down in Q1....however epf never declare what exact write off. Seem huge. |
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SUSHappy360
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Nov 29 2020, 08:59 PM
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Getting Started
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QUOTE(TheEquatorian @ Nov 29 2020, 07:15 PM) I would consider moving the excess funds out of Malaysia so I am not sure how it would stimulate the economy. The majority of those affected will likely save it elsewhere instead of spending the funds. Someone rightly pointed out earlier that the problem is derived from low salaries in Malaysia. But there is no political will to change that. To me this sounds like a movement to redistribute wealth a la Cuba. Those experiments have not worked very well. Another way would be to introduce inheritance tax and increase stamp duties. Well you see where it is heading.. If introduce inheritance and increase stamp duty, it will put malaysia disadvantage against other countries in south east asia. No one will come to invest..... Yes, gov finance is so shaky....better move funds oversea. PNB fund yield is lower and lower every year https://www.thestar.com.my/business/busines...on-for-imbang-1 |
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