tags - Sinar Daily

At 8am, the local note appreciated to 4.2705/2920 versus the greenback from Thursday’s close of 4.2795/2870.

The problem of low salaries among workers relative to the cost of living is tied to the debt-based economic system being practised. - Photo illustrated by Sinar Daily

Satellite images show the Markaz Taiba in Muridke, Pakistan, after an Indian missile strike on Wednesday. - Photo by AFP

BNM's decision to maintain the OPR at 3.0 per cent is seen as a cautious approach as the government faces many ongoing global developments and uncertainties. Photo for illustrative purposes only, edited on Canva

BNM Monetary Policy Committee has maintained the overnight policy rate at 3.0 per cent. FILE PIX

Although the OPR is expected by many to stay at 3.0 per cent, some economists see a possible 25 basis points cut by Bank Negara Malaysia as pre-emptive support against the potential downside risks of the American tariffs.

In a statement today, the central bank said that an AMP of RM29,000 was imposed on Merchantrade Asia and RM6,000 on JAGS Money due to non-compliance with the Money Services Business Act 2011.

Beloved Malaysians' staples have almost doubled in price over the past 13 years.

Bank Muamalat Malaysia Bhd's chief economist Dr Mohd Afzanizam Abdul Rashid said the decision is appropriate and represents a pragmatic move by the government. Photo illustrated on Canva.

The IMF said on Wednesday that if fiscal revenues and economic output decline more significantly than current forecasts due to rising tariffs and weakened growth prospects, debt levels may exceed existing "debt-at-risk" estimates. - Photo by AFP