news

EPF’s high 2018 payouts not due to MFRS 9

EPF chief executive officer (CEO) Tunku Alizakri Alias: “In terms of quarter-to-quarter performance, the first three quarters of the year were actually not too bad. The bloodbath began in the fourth quarter (4Q).”

READ MORE
news

EPF records 4% decline in 2018 investment income amid challenging year

During a press briefing on the fund's performance for 2018, EPF chief executive officer Tunku Alizakri Alias said some of the key events that had stirred uncertainty in the markets include the US-China trade war, the plunge in crude oil prices, the Brexit vote and the interest rate hikes and midterm election in the US.

READ MORE