Economists expect OPR to remain at 3% for the rest of 2024
Following Bank Negara Malaysia's (BNM) decision to maintain the Overnight Policy Rate (OPR) at 3% on Wednesday, economists project the key rate will be kept intact for the rest of the year.
Following Bank Negara Malaysia's (BNM) decision to maintain the Overnight Policy Rate (OPR) at 3% on Wednesday, economists project the key rate will be kept intact for the rest of the year.
While Tanco Holdings Bhd’s share price has been on a downward spiral, a total of 6.07 million warrants were converted at the exercise price of 31 sen per share, the company’s filing to Bursa Malaysia showed.
Economy minister Rafizi Ramli has signed a memorandum of understanding (MOU) with Singapore’s minister of trade and industry Gan Kim Yong to formalise the cooperation of both countries on the Johor-Singapore Special Economic Zone (JS-SEZ).
The High Court has struck out a civil suit by lawyer Mohd Hatta Sanuri against former prime ministers Tun Dr Mahathir Mohamad and Tan Sri Muhyiddin Yassin, the government of Malaysia and several others, over the cancellation of the Kuala Lumpur-Singapore high-speed rail (KL-SG HSR) project in 2021.
Sime Darby Property Bhd and Brunsfield Metropolitan Sdn Bhd have mutually terminated their 60:40 joint venture (JV).
Country Heights Holdings Bhd has appointed its deputy managing director Dr Ricky Yip Chun Mun as the new acting MD effective Friday (Dec 1).
Ekovest Bhd’s net profit soared to RM3.08 million in its first financial quarter ended Sept 30, 2023 (1QFY2024) from RM182,000 a year ago, thanks to improved results from its construction operations.
PJBumi Bhd said it has received a conditional development order from the Sungai Petani Municipal Council for the proposed development of its 4.6-acre industrial land in Sungai Petani, Kedah.
Property developer KSL Holdings Bhd has posted a 43.1% jump in its net profit for the third quarter ended Sept 30, 2023 (3QFY2023) to RM84.58 million from RM59.12 million a year ago, mainly contributed by the group’s flagship property projects in Johor Bahru, Kluang and Klang.
Property group MKH Bhd has obtained approval from its shareholders for the proposed listing of its wholly owned plantation subsidiary MKH Oil Palm (East Kalimantan) Bhd (MKHOP) on the Main Market of Bursa Malaysia.