Macro Analysis /

MY : Strategy - Potential impact of special EPF withdrawal

    Ivy Ng Lee
    Ivy Ng Lee

    Head of Malaysia Research, Regional Head of Agribusiness

    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.