Monthly Archives: June 2019

June 02

EPF 1Q income falls 25% on equity rout

Employees Provident Fund’s (EPF) total income fell 25% year-on-year (YoY) for the first quarter ended March 31 this year (1Q19) on the continued rout of domestic equities and challenging external picture, reports The Malaysian Reserve. Malaysia’s largest pension fund recorded RM9.66 billion in income for the quarter, significantly lower than the RM12.88 billion managed in […]

June 01

TNB blames technical glitch

Tenaga Nasional Bhd (TNB) has admitted that a recent technical glitch is among the reasons for the sudden surge in utility bills. The Star reports: TNB president and chief executive officer Amir Hamzah Azizan, who held a press conference yesterday, was apologetic and promised to investigate and resolve the issue as soon as possible. Amir […]