tags - Sinar Daily

MOH is not ruling out the possibility re-enforcing the issuance of compound notices under the Prevention and Control of Infectious Diseases Act 1988 (Act 342) if Covid-19 cases continue to rise in the country. Photo: 123RF

The weakness of the Ringgit increased the prices of goods, especially food, whose supply chain depends on imported materials. Illustration photo. Source: 123RF

Deputy Vice-Chancellor for Research and Graduate Studies from i-CATS University College Kuching, Professor Datuk Shazali Abu Mansor says Bank Negara's move to increase OPR could cause a dip in the economy.

Setiawangsa MP Nik Nazmi Nik Ahmad says the government has the responsibility to help the rakyat deal with rising cost of living.

Annuar at a press conference after chairing the Special Task Force on Jihad Against Inflation meeting, here today. Photo: BERNAMA

Illustrative purposes

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

Affin Bank says this follows Bank Negara Malaysia's (BNM) announcement to increase the overnight policy rate (OPR) to 2.25 per cent from 2.00 per cent today.  Awani pic

Communications and Multimedia Minister Tan Sri Annuar Musa with senior government officials today. - Bernama pic

The increase comes amid surge in food prices