PAC told no more govt assets will be sold to repay 1MDB debts
The land premium for converting the land status is a “minimal” RM10,000.
MBSB Bank to follow BNM requirements to fight financial scams
On Monday, BNM said financial institutions will need to migrate from SMS one-time passwords (OTPs) to more secure forms of authentication for online activities or transactions, and further tighten fraud detection rules and triggers for blocking suspected scam transactions.
Following August CPI, economists differ whether BNM will raise OPR in November
Malaysia’s CPI increased for the fifth consecutive month in August, coming at 4.
Govt does not interfere in OPR decisions — Tengku Zafrul
"Many say the government prioritises the banks (by increasing the OPR), but this is not a government decision, and neither does the government interfere in this (OPR) matter.
Bank Negara raises OPR by 25bps to 2.5%, as expected
This is the MPC’s third consecutive 25bps OPR hike this year, in line with 17 economists’ forecast polled by Bloomberg, bringing year-to-date increase to 75bps.
Aggressive monetary policy would disrupt ongoing economic recovery, says BNM
BNM governor Tan Sri Nor Shamsiah Mohd Yunus: For OPR (overnight policy rate) to go back to the pre-pandemic level of 3.
Deputy Finance Minister 1: Gradual increase in OPR does not cause significant impact
Any decision made by Bank Negara Malaysia (BNM) to adjust the monetary policy in the future would be implemented in a controlled manner and gradually so that it would not affect the country’s economic recovery momentum.
MoF monitoring effects of OPR hike on consumer loan repayments
Deputy Finance Minister 1 Datuk Mohd Shahar Abdullah said Bank Negara Malaysia’s (BNM) decision to increase the OPR by 50 basis points to 2.
BNM raises OPR to 2% from record low of 1.75%
KUALA LUMPUR (May 11): Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) on Wednesday (May 11) increased the overnight policy rate (OPR) by 25 basis points to 2% from a record low of 1.
Elevated unsold houses reflect pre-existing affordability issues, says BNM
KUALA LUMPUR (March 30): The number of unsold houses remained elevated in the third quarter of 2021 despite some improvements in activity in the residential property market, said Bank Negara Malaysia (BNM).
