5d ago
By M. Saraswathi and Karina Imran
KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia's (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent reflects its assessment that the rate remains consistent with price stability outlook and sustainable economic growth, said Governor Datuk Seri Abdul Rasheed Ghaffour.
6d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit extended its gains against the US dollar and other major currencies on Thursday, closing firmer following Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent.
6d ago
KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia closed higher, buoyed by Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent, alongside positive cues from Wall Street.
6d ago
KLANG, Nov 5 (Bernama) -- Westports Malaysia Sdn Bhd’s annual container handling capacity is expected to double from 14 million to 28 million twenty-foot equivalent units (TEUs) under its ongoing expansion, Transport Minister Anthony Loke said.
6d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Nov 5 (Bernama) -- Bank Negara Malaysia's (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent is appropriate given the country's resilient economic growth and contained inflation, although a rate normalisation remains possible in 2027, economists said.
6d ago
ALOR SETAR, Nov 5 (Bernama) -- Ferrotec Group’s newly opened second plant in Kulim is expected to generate more than 1,000 new high-value jobs for skilled Malaysian professionals, including engineers, technicians and production specialists.
6d ago
KLANG, Nov 5 (Bernama) -- Malaysia is rapidly expanding its transport infrastructure across land, sea and air as it seeks to establish itself as a world-class logistics hub, Prime Minister Datuk Seri Anwar Ibrahim said.
6d ago
KUALA LUMPUR, Nov 5 (Bernama) -- Firms are embedding regulatory change faster than a year ago, but fewer are confident their compliance processes are effective, according to a survey by artificial intelligence (AI)-native regulatory intelligence company CUBE.
7d ago
KUALA LUMPUR, Nov 5 (Bernama) -- The government welcomes the business community’s proposal for more structured support for growth-stage small and medium enterprises (SMEs), said Deputy Prime Minister Datuk Seri Fadillah Yusof.
7d ago
KUALA LUMPUR, Nov 5 (Bernama) -- Skyro has launched its first credit product in Malaysia, offering eligible consumers a digital way to access short-term financing for everyday financial needs.
7d ago
KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia remained firm at mid-morning, supported by continued buying across all banking heavyweight counters ahead of Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision, amid expectations of an interest rate hike.
7d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Nov 5 (Bernama) -- Malaysia’s artificial intelligence (AI) investment boom has strengthened its digital foundation, with the next opportunity lying in bringing industry firms and local developers together to turn Malaysian expertise into useful AI products that can compete globally.