The Employees Provident Fund or EPF is Malaysia's statutory solution for retirement savings. Every salaried employee and his/her employer is mandated by law to contribute into this fund. The fund takes the contributions and invests generally in equities, fixed income, and real estate. These investments are made both within and outside of Malaysia. At the… Continue reading Why EPF’s 2024 Report Signals Lower Returns
Tag: 2024
Currency Exchange Rates
The Malaysian Ringgit began strengthening significantly against the US Dollar from around mid-July this year. It went from RM 4.67 for 1 US Dollar then to RM 4.33 for 1 US Dollar today. This means if you hold Malaysian assets, the asset value has increased by 7% in about 90 days when it is valued… Continue reading Currency Exchange Rates