tags - Sinar Daily

Bank Negara Malaysia will continue with its engagements with key stakeholders in navigating Malaysia’s economic transition towards a decarbonised future.

Slack in the labour market -- shortfall in demand for labour, relative to the supply of available workers in the economy -- is expected to reduce further as well supported by continued strength in the employment recovery momentum, it said in its Economic & Monetary Review 2022 report.

The common commodities in the transaction include crude palm oil, plastic resin, metals, rubber, crude oil and digital commodities.

This follows the decision by the Reserve Bank of India (India's Central Bank) in July 2022 to allow settlement of International trade in Indian Rupees.

Tan Sri Johan Jaaffar

Interest for beaten down counters is set to boost Bursa Malaysia’s performance with the main index expected to trade within the 1,420-1,440 level next week, said Rakuten Trade Sdn Bhd.

The payment linkage would allow customers of participating financial institutions to make retail payments by scanning DuitNow QR and NETS QR codes. - Photo: BERNAMA

Kenanga Research foresees that Bank Negara Malaysia has reached the end of its monetary tightening cycle and will keep the OPR unchanged at 2.75 per cent for the rest of the year.

Bank Negara says the project has tremendous potential for the region. Consumers will be able to enjoy cheaper, faster and more transparent payment and fund transfers among the participating countries in the future. 

Property recovery is slow as expected due to higher interest rates and higher housing prices as building materials like steel and cement spiked exacerbated by the lack of foreign labour.