BNM governor says OPR cut pre-emptively to preserve steady growth path
Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour: The MPC is not on any pre-set course.
Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour: The MPC is not on any pre-set course.
Malaysian REITs would still leverage on robust domestic spending, lower bond yields and active inorganic growth strategies, according to RHB Investment Bank Bhd.
Housing and Local Government Minister Nga Kor Ming stressed the need for continued efforts to position Malaysia among the world’s top 12 most competitive economies by 2033, in line with the Madani Economic Framework.
Australia and New Zealand Banking Group (ANZ Research) in a note said BNM has historically only made back-to-back cuts during major shocks such as the Covid-19 pandemic or the Global Financial Crisis.
Prime Minister Datuk Seri Anwar Ibrahim said the Monetary Policy Committee’s (MPC) move was based on careful assessments of current economic and inflation forecasts.
“While the domestic economy is on a strong footing, uncertainties surrounding external developments could affect Malaysia’s growth prospects,” BNM said.
The land, referred to as Parcel 1, is part of a larger 161.
He emphasised that these are not abstract ideals but action-driven blueprints, backed by real case studies and policy frameworks.
"This is an opportunity to position Malaysia as a key player in the future of construction, driven by innovation, digitalisation and sustainability," KKR said in a statement.
Nga, in addressing over 75 mayors and city leaders from around the world, underscored the urgency for city-level action rooted in local implementation, and backed by innovation.