The Malaysian Trades Union Congress hopes the government will give the Employees Provident Fund all the leeway it needs to invest abroad more aggressively to offset any downturn in the domestic economy.
“At the same time, MTUC urges the government to ensure national policies are continually reviewed and improved to bring about an environment that will stimulate investment and raise the productivity of workers,” he said in a statement. The showing reflects directly on the difficulty faced by the EPF in giving out higher dividends to the contributors. The local equity market was also weak. Globally, geopolitical developments and the US-China trade war were among the factors that stunted the global economy.
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