The stories shaping Malaysia, in focus.
Prime Minister Anwar Ibrahim has defended the Retirement Fund's strong financial performance, posting RM12.9 billion in net profit, and argued its investment decisions deserve balanced evaluation amid scrutiny over specific ventures.
Malaysia's Retirement Fund Incorporated faces scrutiny over substantial losses from an Indonesian investment, prompting calls for parliamentary review and tighter governance frameworks for managing public pension assets.
Prime Minister Anwar Ibrahim has defended the Employees Provident Fund's investment subsidiary KWAP over significant losses from its eFishery stake, emphasising the fund's RM12.9 billion profit underscores strong overall performance.