tags - Sinar Daily

The increase in bank interests or Overnight Policy Rate (OPR) in the country is a sign for people to be financially prudent, said experts. - Photo: BERNAMA

The increase comes amid surge in food prices

In May of last year, Bank Negara Malaysia increased the overnight policy rate (OPR) from 1.75 percent to 2 percent or by 25 basis points. The central bank is expected to increase the OPR by another 25 basis points to 2.25 percent.

MACC chief commissioner Tan Sri Azam Baki

Malaysian Malay Contractors Association (PKMM) deputy president Datuk Mohd Rosdi Ab Aziz said the Covid-19 pandemic had also resulted in fewer projects, affecting most contractors from class G1 to G4

The guidelines cover measures to effectively profile customer risk and identify the existence of financial fraud using several ‘red flag’ indicators.

Chief executive officer Datuk Seri Amir Hamzah Azizan says inflationary concerns, supply chain disruptions and tightening of monetary policy by major central banks are likely to continue to dampen both the equity and bond markets.

The 76-year-old government retiree received a call from an individual claiming to be from Kuala Lumpur General Post Office on June 14.

People prepare to get off a boat after being evacuated from a flooded area following heavy monsoon rainfall on the outskirts of Sylhet. AFP pic

Police seized a Lamborghini supercar in Rawang, Selangor last August in connection to money laundering activities. Photo: SINAR HARIAN