tags - Sinar Daily

Bank Negara raises OPR by 25 basis points to 2.50 per cent. Photo: BERNAMA

Human Resource Minister Datuk Seri M. Saravanan - BERNAMA Photo

Accin's Mohd Jamaludin Shamsudin says soaring debt could cause higher repayment of interest rates which could be channeled to developmental projects.- Photo from Sinar Archive

Ipsos public affairs associate director Lars Erik Lie

The city's housing crisis has been simmering for years, with construction of units lagging behind a growing population. - 123RF Photo

BNPL is a type of short-term financing that allows consumers to make purchases and pay for them at a future date, often interest-free. The existing arrangement does not really look into the consumers’ credit ratings or BNPL providers running a thorough credit check.

Pegging Ringgit Malaysia (RM) can overcome inflation, but it will not work in the longer term, say experts. Illustration photo: 123RF

In a report on the global debt themed "A threat to government fiscal stability”, it said a weaker economy with higher inflation and interest rates would jeopardise government fiscal space and revenue sources. - AFP pic

The company said it was seeking to restructure in a way that would maximise value for all stakeholders, and said it had $167 million of cash available to meet urgent needs in the meantime. Illustration photo.

At 9am, the local currency edged up to 4.4350/4390 versus the greenback from Wednesday's close of 4.4360/4385.