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BNM is expected to increase the Overnight Policy Rate OPR by another 25 basis points this year, likely in the next Monetary Policy Committee (MPC) meeting on Sept 8, said OCBC Bank.
BNM is expected to increase the Overnight Policy Rate OPR by another 25 basis points this year, likely in the next Monetary Policy Committee (MPC) meeting on Sept 8, said OCBC Bank.
National
BNM likely to raise another 25 basis points, predicts OCBC Bank
KUALA LUMPUR - Bank Negara Malaysia (BNM) is expected to increase the Overnight Policy Rate (OPR) by...
A pedestrian walks past an electronic board displaying the Nikkei 225 index and share prices on the Tokyo Stock Exchange in Tokyo on Nov 4, 2020. (Photo by Behrouz MEHRI / AFP)
A pedestrian walks past an electronic board displaying the Nikkei 225 index and share prices on the Tokyo Stock Exchange in Tokyo on Nov 4, 2020. (Photo by Behrouz MEHRI / AFP)
TRADE & POLICIES
Asian stocks up as recession fears ease, yen rises after Abe shooting
HONG KONG - Asian markets rose Friday on easing recession fears with optimism boosted by hopes that...
Ringgit opens higher against US dollar on risk-on mode. Illustration photo - 123RF
Ringgit opens higher against US dollar on risk-on mode. Illustration photo - 123RF
National
Ringgit opens higher against US dollar on risk-on mode
KUALA LUMPUR - The ringgit opened higher against the US dollar today after four consecutive days of...
The weakness of the Ringgit increased the prices of goods, especially food, whose supply chain depends on imported materials. Illustration photo. Source: 123RF
The weakness of the Ringgit increased the prices of goods, especially food, whose supply chain depends on imported materials. Illustration photo. Source: 123RF
National
Increase in price of goods until 2023
SHAH ALAM – Analysts predict the wave of rising prices of goods including food in the country is...
Acute shortages of food and fuel, alongside lengthy electricity blackouts, have led to months of widespread anti-government demonstrations calling for President Gotabaya Rajapaksa's resignation.
Acute shortages of food and fuel, alongside lengthy electricity blackouts, have led to months of widespread anti-government demonstrations calling for President Gotabaya Rajapaksa's resignation.
News
Sri Lanka hikes interest rates, warns painful recession ahead
COLOMBO - Cash-strapped Sri Lanka raised interest rates one percentage point Friday, the second...
Tesla office in Fremont, California. Photo: AFP
Tesla office in Fremont, California. Photo: AFP
Tesla begins 10 per cent staff cut as layoffs pace up with us recession fears
ANKARA- United States electric carmaker Tesla has begun 10 per cent staff cuts, as layoffs paced up...
Tengku Zafrul. FILE PIX.
Tengku Zafrul. FILE PIX.
National
M'sia's 2022 economic growth projection still on track - Tengku Zafrul
KUALA LUMPUR - Malaysia’s economic growth projection of between 5.3 per cent and 6.3 per cent this...
Moody’s Analytics says runaway inflation or decrease in value of money and increase in cost of living are at the heart of monetary tightening moves, while Russia’s invasion of Ukraine is smashing the global economy’s already snarled supply chains.
Moody’s Analytics says runaway inflation or decrease in value of money and increase in cost of living are at the heart of monetary tightening moves, while Russia’s invasion of Ukraine is smashing the global economy’s already snarled supply chains.
National
Fears of runaway inflation will lead to monetary tightening moves, says Moody's analytics
KUALA LUMPUR - Fears of runaway inflation or decrease in value of money and increase in cost of...
Government officials confirmed no tax will be introduced until the economy has recovered. Photo: Sinar Harian
Government officials confirmed no tax will be introduced until the economy has recovered. Photo: Sinar Harian
National
Experts: GST is great but fix problems before reintroduction
KUALA LUMPUR - With the twin shocks of increased spending and economic downturn, no thanks to the...
Photo for illustration purpose only - Source: 123rf
Photo for illustration purpose only - Source: 123rf
National
Ringgit hits RM4.4 against US dollar, lowest since March 2020
KUALA LUMPUR - The ringgit slid further to open lower at RM4.4 against the US dollar, the lowest...
New
A total of 12 Selangor FC supporters were charged at two Magistrate's Courts today on charges of possessing and testing positive for drugs, on Monday. - Photo by Bernama
A total of 12 Selangor FC supporters were charged at two Magistrate's Courts today on charges of possessing and testing positive for drugs, on Monday. - Photo by Bernama
12 Selangor FC supporters charged with drug possession, tested positive for drugs
Malik, now 39, was sent to jail at the age of 14 in 2001 and never imagined he would walk out of prison 25 years later with a "Dr” title to his name. Photo: Selangor Royal Office
Malik, now 39, was sent to jail at the age of 14 in 2001 and never imagined he would walk out of prison 25 years later with a "Dr” title to his name. Photo: Selangor Royal Office
Malik, the only pardoned prisoner the Sultan met in person
No Image Caption
Governance by blackmail is the real lesson of the Epstein Files
The concert will feature three prominent Indonesian acts known for dominating streaming charts and social media feeds — Silet Open Up, Faris Adam and Ecko Show.
The concert will feature three prominent Indonesian acts known for dominating streaming charts and social media feeds — Silet Open Up, Faris Adam and Ecko Show.
Indonesian eastern music phenomenon to rock Zepp KL with Malam FYP Timur concert
The victim was found clad in just a T-shirt and had no identification documents. - Photo courtesy of PDRM
The victim was found clad in just a T-shirt and had no identification documents. - Photo courtesy of PDRM
Body of suspected murder victim found in river
Most Popular
Restaurant allegedly washed leftover food before reselling
A nasi kandar restaurant in the district has been alleged to have washed leftover food that had already been served to customers before reusing it the following day.
A nasi kandar restaurant in the district has been alleged to have washed leftover food that had already been served to customers before reusing it the following day.
Girl injured in alleged attack, attempted abduction while walking to Rawang night market
Neighbours who noticed the commotion rushed to the scene and managed to stop the attack.
Neighbours who noticed the commotion rushed to the scene and managed to stop the attack.
SK Labu Besar student reports bullying case to Home Minister, Kedah police chief
A bullying case involving a student at SK Labu Besar in Kulim, Kedah has drawn the attention of senior authorities after the victim’s family raised the matter directly with the Home Minister and the Kedah police chief. - Photo: Screenshot from @misiupdate / Tiktok
A bullying case involving a student at SK Labu Besar in Kulim, Kedah has drawn the attention of senior authorities after the victim’s family raised the matter directly with the Home Minister and the Kedah police chief. - Photo: Screenshot from @misiupdate / Tiktok
Zahid seeks to be freed of all 47 charges linked to Yayasan Akalbudi
Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi has filed an application to be acquitted and discharged of 47 charges of criminal breach of trust, corruption and money laundering linked to Yayasan Akalbudi funds. - BERNAMA FILE PIX
Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi has filed an application to be acquitted and discharged of 47 charges of criminal breach of trust, corruption and money laundering linked to Yayasan Akalbudi funds. - BERNAMA FILE PIX
Ex-defence intelligence DG charged with accepting US$20,000 bribe, flight tickets
Former military intelligence chief Lieutenant-General Datuk Mohd Razali Alias pleaded not guilty at the Kuala Lumpur Sessions Court on Thursday to three charges of receiving bribes amounting to ASD20,000 and two international flight tickets in 2024 and last year. - Sinar/Rosli Talib
Former military intelligence chief Lieutenant-General Datuk Mohd Razali Alias pleaded not guilty at the Kuala Lumpur Sessions Court on Thursday to three charges of receiving bribes amounting to ASD20,000 and two international flight tickets in 2024 and last year. - Sinar/Rosli Talib
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