KUALA LUMPUR, Feb 27 — Finance Minister II Datuk Seri Amir Hamzah Azizan has said that based on the analysis of the Auditor-General's Report, 97 agencies showed a total increase in the current surplus after tax and zakat of RM73.9 billion in 2023 from RM55.8 billion in 2022.
The subsidiaries belong to Lembaga Tabung Haji (LTH), the Employees Provident Fund (EPF), the Federal Land Development Authority (Felda), the Retirement Fund (Incorporated) (KWAP), and the Armed Forces Fund Board (LTAT).
KUALA LUMPUR, Oct 25 — The Retirement Fund Inc (KWAP) has invested RM219 million for a minority stake in Cyan Renewables (Cyan), Asia’s largest owner and operator of offshore support vessels.
KUALA LUMPUR, Oct 20 — The Budget 2025 provides significant support to further accelerate Malaysia’s digitalisation, encourage the adoption of artificial intelligence (AI) and drive inclusive growth, said the Malaysia Digital Economy Corporation (MDEC).
KUALA LUMPUR, Oct 18 — The National Fund-of-Funds (NFOF) established under Khazanah Nasional Bhd will operate in November with a RM1 billion fund, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, July 31 — The Retirement Fund Inc’s (KWAP) net income surged 36-times to RM9.7 billion for the financial year 2023 (FY2023) — its second highest figure since 2017 — compared to RM263 million in 2022.
KUALA LUMPUR, May 29 — The Retirement Fund Inc (KWAP) plans to create 12 funds under the newly launched ‘Dana Pemacu’, with four funds each in the private equity, infrastructure and real estate asset classes.
KUALA LUMPUR, May 28 — The Retirement Fund Inc's (KWAP) launched the new Dana Pemacu private capital investment today, with a RM6 billion allocation.
KUALA LUMPUR, May 28 — The government is set to introduce a new dimension to its sukuk issuance through the 'wakalah bil-khadamat’ structure, as part of Malaysia’s ongoing efforts to bolster the investment ecosystem in the country, Prime Minister Datuk Seri Anwar Ibrahim announced.
KUALA LUMPUR, April 22 — An investment of up to RM3 billion will be made by sovereign wealth fund Khazanah Nasional Bhd, Retirement Fund (Incorporated) (KWAP) and Blue Chip Venture Capital (BCVC).
SEREMBAN, March 7 — The Congress of Union of Employees in the Public and Civil Services (Cuepacs) hopes the government will provide special financial assistance to civil servants and government retirees in conjunction with the upcoming Hari Raya Aidilfitri celebration next month.
KUALA LUMPUR, March 6 — The Retirement Fund Inc's (KWAP) total gross fund size has reached RM190.3 billion as of last year, following adjustment for a cumulative withdrawal of RM20.5 billion for the partial funding of the government's annual pension duties since 2018.
KUALA LUMPUR, Feb 16 — Retirement Fund (Incorporated) (KWAP) announced the first batch of investments under its Dana Perintis strategy, amounting to RM100 million, comprising two direct investments in Malaysian startups and two venture capital (VC) fund commitments.
KUALA LUMPUR, Oct 30 — Permodalan Nasional Bhd (PNB), the Employees Provident Fund (EPF) and Retirement Fund (Incorporated) (KWAP) have signed a sale and leaseback transaction agreement valued at RM2 billion with Osram Opto Semiconductors Sdn Bhd for its manufacturing facility in Kulim Hi-tech Park, Kedah.
KUALA LUMPUR, Oct 11 — The Dewan Rakyat has passed the Inland Revenue Board of Malaysia (Amendment) Bill 2023 via a majority voice vote today.
KUALA LUMPUR, Sept 5 – The government remains committed to continuing pensions for retirees, despite the increasing burden of operating expenditure (OE), said Deputy Finance Minister I Datuk Seri Ahmad Maslan.
KUALA LUMPUR, June 20 — A total of 22,000 government retirees have, so far, fallen victim to scammers, involving losses amounting to RM850 million, said Deputy Finance Minister Datuk Seri Ahmad Maslan.
KUALA LUMPUR, April 3 — The fourth withdrawal of the Employees Provident Fund (EPF) has received a mixed response, with some arguing that the continued use of EPF savings in hard times takes away the very purpose of the fund’s existence, while others argue that emergency use of it should be allowed.
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