Pension Fund Boosts Dividend Payouts for 2023 Amid Economic Resilience
Kuala Lumpur, Malaysia – Malaysia’s largest pension fund has announced an increase in dividend payouts for 2023 following a boost in income attributed to the resilience of the global economy. Despite facing challenges last year, the global economy performed better than expected, leading to higher dividends for the Employees Provident Fund. The Employees Provident Fund revealed a dividend rate of 5.5% for conventional savings in 2023, a rise from 5.35% in the previous year, totaling …