November 2017

13Nov

The State of the Nation: Filling the gaps in Malaysia’s pensions framework

MALAYSIAN employers can do more to help their employees prepare for retirement and play a larger role in building up a more sustainable pension programme here, says global human resources consultancy Mercer. While the existing pension infrastructure has solid foundations, there are gaps to address to ensure the longer-term sustainability of the system moving forward, according to Hash Piperdy, CEO of Mercer Malaysia. “While it feels like some of these problems are many years in the future, there are decisions we...

November 13, 2017
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July 2017

13Jul

Malaysia. ANZ Bank nears deal to sell Malaysian banking stake to pension fund: sources

Australia and New Zealand Banking Group (ANZ.AX) is near a deal to sell its Malaysian banking stake to a pension fund and exit the Southeast Asian nation, sources familiar with the matter said, in a transaction that could be worth around $900 million. ANZ has been pursuing a sale of its 24 percent stake in its Malaysian affiliate AMMB Holdings (AmBank) (AMMB.KL) since early last year as part of a strategy to divest minority stakes in Asia and as AmBank...

July 13, 2017
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May 2017

25May

Malaysia is ageing

We are getting old. The statistics show Malaysia's inevitable march towards a difficult milestone - that of an ageing nation. An ageing society is defined as having a minimum seven per cent of its population aged 65 and older, while an aged nation has 14 per cent or more in that age group. The United Nations Economic and Social Commission for Asia and the Pacific's 2016 population data sheet shows that as of last year, Malaysians aged 60 and above comprise...

May 25, 2017
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