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May, 3, 2016

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Business > Asia > Malaysia
It's probably the one dividend rate most Malaysians will scrutinize. The rate will be dissected, debated and then the verdict from the people will be whether it's satisfactory or poor. That single dividend is what the Employees Provident Fund (EPF) announces yearly. Last year's 6.15% was the highest in a decade, but the challenge that the EPF faces is how to keep that going.
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The processing fee for checks from 15 sen to 50 sen -- a 230-percent increase -- is a "penalty adding to the unnecessary cost of doing business," said the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM).
 
The fall of the Malaysian ringgit to a 15-year low against the Singapore dollar has been a boon for Cynthia Yong. That's because the tax manager works in Singapore and sends SG$900 (US$706) a month to her retired parents in Johor Baru.
 
Five NGOs have called on Malaysia to exclude medical and tobacco businesses in the ongoing free trade talks under the Trans-Pacific Partnership Agreement (TPPA).
 
Malaysia's central bank has imposed measures on household lending, including limits to loan tenures, which economists Sunday said will reign in "excessive" consumer borrowing and curb property speculation.
 
Worst of smoky haze shifts from Singapore to Malaysia
Malaysian authorities declared a state of emergency Sunday in a southern district where a smoky haze blamed on Indonesian forest fires has triggered one of the country's worst pollution levels in years.
 
Sovereign wealth fund 1Malaysia Development Bhd plans to raise about US$1 billion through a public listing of its power assets in Malaysia next year, Dow Jones Newswires has reported.
 
The world hydroelectric industry's decision to meet in a Malaysian state where dams have uprooted rainforests and native peoples is drawing bitter fire from environmental and tribal groups.
 
Malaysia's UMW Holdings plans to sell 39 percent of its oil and gas unit in an initial public offering this year that could raise up to US$1 billion, a source said Friday.
 
Malaysia's palm oil inventory finally eased to 1.93 million tons in April after staying above the 2-million-ton threshold for the past 10 months, which had led to concerns that crude palm oil (CPO) prices would likely be dragged down further.
 
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