KUALA LUMPUR, Sept 14 — BMI, a Fitch Solutions company, expects Bank Negara Malaysia to hold its overnight policy rate at 3.00 per cent until the end of 2024 as domestic inflation continues to ease amid slowing economic growth.

KUALA LUMPUR, Sept 11 — The Federation of Malaysian Manufacturers (FMM) said the country’s manufacturing sector slowed down further in the first half of 2023 (1H2023) and with the global economy tilted towards the downside, the sector’s outlook for the 2H2023 remains cautious.

KUALA LUMPUR, Sept 7 — The ringgit ended almost flat against the US dollar on Thursday, weighed by weaker oil prices despite Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 3.0 per cent, an analyst said.

KUALA LUMPUR, Sept 7 — Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) announced a status quo on interest rates after deciding to maintain the overnight policy rate (OPR) at 3.0 per cent.

KUALA LUMPUR, Sept 7 — The ringgit eased further against the US dollar as fresh worries over sticky US inflation kept investors away from emerging markets.

PETALING JAYA, Aug 17 — The Real Estate and Housing Developers’ Association (Rehda) Malaysia is optimistic that the property industry will be able to absorb the impact from another hike in the overnight policy rate.

KUALA LUMPUR, June 20 — The government maintains its position not to peg the ringgit in dealing with its weakness compared to the US dollar due to its adverse effects on the rakyat, said Deputy Finance Minister 1 Datuk Seri Ahmad Maslan.

KUALA LUMPUR, May 25 — The ringgit extended its downtrend against the US dollar this morning, breaching the 4.6 level as the greenback continued to strengthen on the expectation of an interest rate hike in the United States (US).

KUALA LUMPUR, April 28 — Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 2.75 per cent in the next monetary policy committee (MPC) meeting, said research houses.

KUALA LUMPUR, April 11 — MIDF Research is optimistic that 2023’s retail trade growth will be able to touch +8.9 per cent, considering the macroeconomic outlook and improving domestic fundamentals.

KUALA LUMPUR, April 3 — Bank Negara Malaysia (BNM) will assess the impact of raising the overnight policy rate (OPR) by 100 basis points (bps) in 2022 on the Malaysian economy before taking any further action, said assistant governor Fraziali Ismail.

KUALA LUMPUR, March 29 — The Monetary Policy Committee’s (MPC) monetary policy considerations will focus on managing inflation risks while supporting sustainable economic growth in 2023, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, March 16 — Activities in the manufacturing sector are expected to remain moderate in the first half of this year (1H 2023) as manufacturers continue to brace for challenging business conditions, particularly in the pressure on inputs costs, increased costs of energy, and ringgit fluctuations, said the Federation of Malaysian Manufacturers (FMM) president Tan Sri Soh Thian Lai.

KUALA LUMPUR, March 14 — The strengthening of the US dollar has so far not affected the government's revenue and expenditure although food prices, especially the import of seeds and fertilisers have suffered due to the weakness of the ringgit against the currency.

KUALA LUMPUR, March 10 — Malaysia's total property transaction value in 2022 is likely to surpass the highest level ever recorded of RM161 billion back in 2014, driven by the recovery in demand.

KUALA LUMPUR, March 10 — Research houses see the possibility of Bank Negara Malaysia (BNM) maintaining its overnight policy rate (OPR) rate at the current level for a longer time, following the pause in January and March.

KUALA LUMPUR, March 9 — The ringgit reversed yesterday’s losses to close higher against the US dollar today after the Monetary Policy Committee (MPC) of Bank Negara Malaysia (BNM) decided to maintain the Overnight Policy Rate (OPR) at 2.75 per cent.

KUALA LUMPUR, March 9 — MIDF Amanah Investment Bank Bhd Research (MIDF Research) believes the current focus of Bank Negara Malaysia's (BNM) monetary policy setting is to ensure a sustainable growth momentum of Malaysia’s economy.

KUALA LUMPUR, March 9 — Bursa Malaysia closed on a softer note despite Bank Negara Malaysia’s decision to retain the overnight policy rate (OPR) as investors remained wary of interest rate hike in the United States and risk of recession on a global scale.

KUALA LUMPUR, March 9 — The Monetary Policy Committee (MPC) of Bank Negara Malaysia (BNM) has decided to maintain the overnight policy rate (OPR) at 2.75 per cent at its meeting today.