EPF investment income rises 20pc to RM57.7b in 2024, driven by GDP growth and equity gains

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KUALA LUMPUR, Nov 11 — The Employees Provident Fund’s (EPF) investment income rose by RM5 billion to RM19.67 billion in...

Total contributions received increased from RM23.1 billion in 3Q 2023 to RM25.2 billion in 3Q 2024, it said.

Ahmad Zulqarnain said equity investments were a substantial income contributor in 3Q 2024 at RM18.32 billion, compared to RM9.17 billion in 3Q 2023.

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Category: EconomyBusiness

Markets: MalaysiaUnited States

Topics: Investment EPF Income 3q

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 20:29:16 (4 days ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 712 words

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Sentences: 21 lines

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News ID: 23604876

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