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Employees' Provident Fund (EPF; Malay: Kumpulan Wang Simpanan Pekerja, KWSP) is a federal statutory body under the purview of the Ministry of Finance. It manages the compulsory savings plan and retirement planning for private sector workers in Malaysia .
Aside from SOEs, there are also provincially- or municipally-owned corporations, locally known as Badan Usaha Milik Daerah (BUMD). The primary difference between BUMNs and BUMDs is the ownership of the enterprise, whereas BUMNs are controlled by the Ministry of State Owned Enterprise while BUMDs are directly controlled by the local government.
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The fund receives contributions from the Federal Government of Malaysia, statutory bodies and local authorities. [1] The contributions are invested by the fund in a mix of equities, bonds, property, private equity and infrastructure, with the investment returns used to finance the government's pension liabilities.
ASB was established in 2015 through a partnership between the MIT Sloan School of Management and Bank Negara Malaysia, the Central Bank of Malaysia. It offers a range of programs, including a 12-month Master of Business Administration (MBA) , a 16-month Executive MBA (EMBA) , and a 12-month Master in Central Banking (MCB) .
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ASB or asb may refer to: Ashgabat Airport, IATA code ASB; Antisocial behavior. Anti-social Behaviour Act 2003, an act of parliament in the United Kingdom, called the ASB law; Asymbescaline, a psychedelic drug similar to Mescaline; American Saddlebred, horse breed; Apostilb, a unit of luminance; Alt.sex.bondage, a Usenet newsgroup
The Regional Representative Council (Indonesian: Dewan Perwakilan Daerah, DPD; alternatively translatable as the House of Regions or the House of Regional Representatives or the Senate of Indonesia), is one of two parliamentary chambers in Indonesia.