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FMM seeks one-year deferment of 2pct EPF contribution for foreign workers

The manufacturing sector is seeking a one-year deferment of the planned two per cent Employees Provident Fund (EPF) contribution for foreign workers, citing multiple cost increases faced by businesses.

Federation of Malaysian Manufacturers (FMM) president Soh Thian Lai said that manufacturers will also face a 14.2 per cent increase in electricity base tariff rates under Regulatory Period 4 (RP4) from July 2025, further adding to operational cost pressures.

“A delayed implementation would... 


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