KUALA LUMPUR, March 7 — Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) unchanged at 2.75 per cent in the upcoming Monetary Policy Committee (MPC) meeting on Thursday, said Standard Chartered Bank (Singapore) Ltd.
KUALA LUMPUR, March 6 — A total of 50.3 per cent or 6.4 million accounts of the total loan accounts in the household sector are fixed-rate loans that are not affected by the 100 basis point increase in the overnight policy rate (OPR) last year, said Deputy Finance Minister I Datuk Seri Ahmad Maslan.
KUALA LUMPUR, March 4 — The ringgit is expected to endure more volatility next week ahead of Bank Negara Malaysia’s monetary policy committee (MPC) meeting on the overnight policy rate (OPR) on March 9.
KUALA LUMPUR, Feb 10 — Bank Negara Malaysia (BNM) governor Tan Sri Nor Shamsiah Mohd Yunus today stressed that any decision on the overnight policy rate (OPR) would not be solely in tandem with other central banks but rather more focused on the domestic economic environment.
KUALA LUMPUR, Feb 10 — Malaysia's economy in the fourth quarter grew 7 per cent from a year earlier on continued expansion in domestic demand and resilient demand in electrical and electronics goods, Bank Negara Malaysia (BNM) Governor Tan Sri Nor Shamsiah Mohd Yunus said today.
KUALA LUMPUR, Feb 8 — MIDF Research is optimistic that retail trade growth will average 8.9 per cent this year in view of the macroeconomic outlook and improving domestic fundamentals.
KUALA LUMPUR, Feb 3 — The government’s current fiscal consolidation plan should include raising revenue collection as Malaysia's revenue is expected to decline further from 15 per cent of gross domestic product (GDP) in 2023 to an average of 14.7 per cent in the medium term, the World Bank said.
PUTRAJAYA, Jan 25 — The overnight policy rate (OPR) can remain at 2.75 per cent if the country’s inflation rate continues to subside in the coming months, Minister of Economy Rafizi Ramli said.
KUALA LUMPUR, Jan 25 — The monetary policy has to reflect the state of the economy and not be static while Bank Negara Malaysia’s (BNM) role must be seen as independent to allow some space to intervene when necessary, said an economist.
KUALA LUMPUR, Jan 21 — China’s continuing reopening narrative and the improved domestic economic sentiment, due to the decision to maintain the overnight policy rate (OPR) at 2.75 per cent, will keep the ringgit supported next week, a dealer said.
KUALA LUMPUR, Jan 20 — The ringgit extended yesterday’s gains to open higher today against the greenback on renewed buying interest.
KUALA LUMPUR, Jan 4 — Bank Negara Malaysia (BNM) reserved the right and authority in making decisions such as the overnight policy rate (OPR) to ensure the stability of the country’s economy without the intervention from the government.
KUALA LUMPUR, Jan 1— Property consultancy Savills Malaysia sees the overall property market in the country “to be a direct extension of 2022” and that the bumpy ride will move into 2023 but with a stronger positive bias.
KUALA LUMPUR, Dec 30 — CGS-CIMB Securities Sdn Bhd (CGS-CIMB) forecasts Malaysia’s inflation for 2023 to be at three per cent year-on-year (y-o-y), compared to the 2022 forecast (2022F) consumer price index (CPI) inflation of 3.3 per cent y-o-y.
KUALA LUMPUR, Dec 23 — MIDF Research opined that the inflation trend in Malaysia is highly driven by robust consumer demand while indicators for cost inflation have eased in recent months.
KUALA LUMPUR, Nov 10 — Malaysia’s Gross Domestic Product (GDP) is estimated to expand by 13.5 per cent year-on year (y-o-y) in the third quarter (Q3) of this year, driven by recovery in tourism-related segments as well as the low-base effect, according to stockbroking firm CGS-CIMB.
KUALA LUMPUR, Nov 4 — The ringgit ended lower against the US dollar on Friday due to a lack of market catalysts, exacerbated by global market uncertainties, dealers said.
KUALA LUMPUR, Nov 4 — The ringgit opened flat against the US dollar this morning as investors opted for a wait-and-see attitude as the rate hike expectation has been factored in, a dealer said.
KUALA LUMPUR, Nov 3 — MIDF Research expected Bank Negara Malaysia (BNM) to front-load its monetary bullets by raising the Overnight Policy Rate (OPR) to pre-pandemic levels of 3.00 per cent by January 2023.
KUALA LUMPUR, Nov 3 — Malayan Banking Bhd (Maybank) will revise upwards its standardised base rate (SBR), base rate (BR) and base lending rate (BLR) by 25 basis points (bps) effective November 7, 2022, following the Overnight Policy Rate (OPR) hike announced today.
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