Trade Policies - Sinar Daily

KUALA LUMPUR - Affin Bank Bhd, Affin Islamic Bank Bhd and Affin Hwang Investment Bank will revise upwards their loan and financing reference rates by 25 basis points (bps), or 0.25 per cent, effective July 8, 2022.Affin Bank said this was followed by Bank Negara Malaysia's (BNM) announcement to...

Shah Alam – Bank Negara Malaysia’s (BNM) Monetary Policy Committee announced an increase in the overnight policy rate (OPR) by 25 basis points to 2.25 per cent.This comes as food prices continue to spike upwards. The ceiling and floor rates of the corridor of the OPR are correspondingly...

The Goods and Services Tax or more popularly known as the GST is known to be a comprehensive and efficient tax regime. With the GST, the government was able to cast a net on every Malaysians and companies which tried to evade from paying tax to ensure a healthy financial position for...

KUALA LUMPUR - Malaysia’s economy has rebounded in the first quarter of 2022 (Q1 2022), registering a five per cent growth versus a contraction of 0.5 per cent in Q1 2021. The positive economic performance was underpinned by improving domestic demand as economic activities continued to normalise...

At the height of the pandemic, the Malaysian economy faced challenging times. Companies' businesses were disrupted and unemployment skyrocketed, of which some one million Malaysians were unemployed. However, with the reopening of borders and almost all Malaysians vaccinated, the economy is...