Latest news with #ZulkafperiHanapi
Malaysiakini
01-08-2025
- Business
- Malaysiakini
Is EPF's income decline cause for concern?
COMMENT | When information is lacking, it is a sign that not all is right. Tanjong Karang MP Zulkafperi Hanapi, obviously piqued by a drop in the Employees Provident Fund's (EPF) income, asked in Parliament whether it was tied to its overseas assets. Good question. But the written answer he got was the same stock reply that the EPF gave in June when it announced the first quarter performance for 2025. Total income declined 13 percent to RM18.31 billion, and equity income, accounting for six tenths of total income, declined by 23 percent to RM10.81 billion.
New Straits Times
30-07-2025
- Business
- New Straits Times
EPF investment income falls 13pct on weak global markets
KUALA LUMPUR: The Employees Provident Fund recorded a 13 per cent decline in investment income for the first quarter of this year, totalling RM18.31 billion compared with RM20.99 billion in the same quarter of 2024. Finance Minister Datuk Seri Anwar Ibrahim said the main factor contributing to the decline is the weak performance of the global equity market. "The 13 per cent decline in the first quarter of 2025 compared with the previous year is not related to the sale of overseas assets intended to support the ringgit value or the increased investment in the domestic equity market. "This situation stemmed from rising global trade tensions and the uncertain trade policies of the United States. "Although some central banks have begun easing monetary policies, concerns over global political instability, fiscal imbalances, and regional conflicts continue to dampen market sentiment and affect investor confidence," he said. He said this in a written parliamentary reply to Datuk Dr Zulkafperi Hanapi (IND-Tanjong Karang), who asked about the main factors that contributed to the decline and whether this is related to the sale of EPF's overseas assets to support the ringgit value and the increased investment in the domestic equity market. Anwar, who is also the prime minister, said the impact of this situation is reflected in EPF's returns from equity investments, which fell by 23 per cent to RM10.81 billion compared with RM14.02 billion in the first quarter of 2024. He said equity investments are the main contributor to EPF's investment income, representing 59 per cent of the total investment income in the first quarter of 2025. "Nonetheless, EPF will continue to adopt a disciplined investment approach guided by the Strategic Asset Allocation (SAA) to ensure sustainable investment performance in line with EPF's objective as a long-term retirement fund," he said.
Daily Express
30-07-2025
- Business
- Daily Express
Employees Provident Fund income drops 13% due to weaker equity markets, says MoF
Employees Provident Fund income drops 13% due to weaker equity markets, says MoF Kuala Lumpur: The Employees Provident Fund (EPF) saw its investment income fall by 13 per cent in the first quarter of 2025 (1Q 2025), recording RM18.31 billion compared to RM20.99 billion in the same period last year. According to the Ministry of Finance (MoF), the decline was mainly due to weaker equity market performance and had no connection to EPF's sale of foreign assets or increased investments in domestic equities aimed at supporting the ringgit. Advertisement 'The weaker performance was largely driven by rising global trade tensions and the unpredictable trade policies of the United States,' the ministry said in a written reply published on the Dewan Rakyat portal. Although some central banks have begun loosening monetary policy, the MoF noted that investor sentiment remains fragile due to concerns over geopolitical instability, fiscal imbalances, and regional conflicts, all of which have weighed on market confidence. SPONSORED CONTENT The response was issued in reply to a question from Tanjong Karang Member of Parliament Datuk Dr Zulkafperi Hanapi, who had asked about the main factors behind the drop in EPF's income and whether it was tied to the fund's overseas asset sales. The ministry said the impact of current market conditions was reflected in EPF's equity investment returns, which fell by two per cent to RM10.81 billion in 1Q 2025, down from RM14.02 billion in 1Q 2024. Advertisement 'Equities remain the largest contributor to EPF's investment income, making up 59 per cent of the total in the first quarter of this year,' MoF said. Despite the softer performance, the ministry said that EPF will continue to follow a disciplined investment strategy guided by its Strategic Asset Allocation framework to ensure long-term, sustainable returns.
The Sun
30-07-2025
- Business
- The Sun
EPF income drops 13% due to weaker equity markets, says MoF
KUALA LUMPUR: The Employees Provident Fund (EPF) saw its investment income fall by 13 per cent in the first quarter of 2025 (1Q 2025), recording RM18.31 billion compared to RM20.99 billion in the same period last year. According to the Ministry of Finance (MoF), the decline was mainly due to weaker equity market performance and had no connection to EPF's sale of foreign assets or increased investments in domestic equities aimed at supporting the ringgit. 'The weaker performance was largely driven by rising global trade tensions and the unpredictable trade policies of the United States,' the ministry said in a written reply published on the Dewan Rakyat portal. Although some central banks have begun loosening monetary policy, the MoF noted that investor sentiment remains fragile due to concerns over geopolitical instability, fiscal imbalances, and regional conflicts, all of which have weighed on market confidence. The response was issued in reply to a question from Tanjong Karang Member of Parliament Datuk Dr Zulkafperi Hanapi, who had asked about the main factors behind the drop in EPF's income and whether it was tied to the fund's overseas asset sales. The ministry said the impact of current market conditions was reflected in EPF's equity investment returns, which fell by two per cent to RM10.81 billion in 1Q 2025, down from RM14.02 billion in 1Q 2024. 'Equities remain the largest contributor to EPF's investment income, making up 59 per cent of the total in the first quarter of this year,' MoF said. Despite the softer performance, the ministry said that EPF will continue to follow a disciplined investment strategy guided by its Strategic Asset Allocation framework to ensure long-term, sustainable returns. - Bernama
Free Malaysia Today
29-07-2025
- Business
- Free Malaysia Today
EPF Q1 2025 investment income drops 13% amid global market uncertainty
The finance ministry said the decline in EPF's investment income was not related to its foreign asset sales or its increased domestic investments to support the ringgit. KUALA LUMPUR : EPF reported a 13% drop in investment income for the first quarter of 2025, earning RM18.31 billion compared to RM20.99 billion in the same period last year. According to the finance ministry, the decline was mainly due to weaker global equity markets and was not related to EPF's foreign asset sales or its increased domestic investments to support the ringgit. 'The lower returns were largely caused by rising global trade tensions and the uncertain trade policies of the US,' the ministry said in a written parliamentary reply. While some central banks have started to ease their monetary policy, the ministry noted that investor sentiment remained weak due to ongoing geopolitical instability, fiscal concerns, and regional conflicts – all of which had hurt market confidence. The ministry was responding to Tanjong Karang MP Dr Zulkafperi Hanapi, who asked about the reasons behind the income decline and whether it was linked to overseas asset sales. It said EPF's equity investment returns fell 2% from RM14.02 billion in Q1 2024 to RM10.81 billion in Q1 2025. Equities continue to be EPF's largest income source, contributing 59% of total investment income in the first quarter of this year. Despite the decline, the ministry stated that EPF would maintain a disciplined investment strategy based on its strategic asset allocation framework to ensure long-term and sustainable returns.
