Macro Analysis /
Malaysia

MY : Strategy - Potential impact of special EPF withdrawal

    Ivy Ng Lee
    Ivy Ng Lee

    Head of Malaysia Research, Regional Head of Agribusiness

    CGS-CIMB
    25 March 2022
    Published by

    The government has agreed to allow a special Employees Provident Fund (EPF) withdrawal of RM10,000 to help families still affected by the Covid-19 pandemic. This could lead to continuous net selling by local institutional funds to raise liquidity. But it could boost consumer spending, benefitting consumer and travel stocks.