EPF for Foreigner? WHY?, High Interest Return for them too???
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 Oct 21 2024, 07:44 AM
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#1
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Junior Member
90 posts Joined: May 2022 
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Because they want to entice the foreigners to self contribute to EPF and stop sending money back home.
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Oct 21 2024, 07:48 PM
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#2
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Junior Member
90 posts Joined: May 2022
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QUOTE(9m2w @ Oct 21 2024, 12:45 PM) Hopefully yes together with minimum wage hike ppl get weaned off the cheap foreign labour drug. But even at 1.5K and the numerous hassles and levies etc, some factories still turn to foreigners in droves. What drugs? Increase product price by 25% (which end up making even more profit), settled. If people ask just say wage increase by 25% so increase price to offset the cost. |
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