OPR down to 2.5% for first time in a decade

KUALA LUMPUR: As the COVID-19 outbreak continues to grow, Bank Negara Malaysia (BNM) yesterday announced another cut of 25 basis points (bps) in the overnight policy rate (OPR), marking the first time in 10 years that the rate has been reduced to 2.

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Political impasse continues, Agong to try again

KUALA LUMPUR (Feb 28): The Yang di-Pertuan Agong (pictured) will again communicate with leaders of political parties with sitting MPs in the Dewan Rakyat so that they may nominate their candidates as prime minister, according to a statement by the Royal Palace today.

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