News about ra

KUALA LUMPUR (May 6): The Ministry of Finance (MoF) has reached an agreement with the banking industry to waive additional interest or profit charges for hire purchase (HP) loans and Islamic fixed-rate financing for the six-month moratorium period in conjunction with the Covid-19 pandemic.

KUALA LUMPUR (May 6): RHB Banking Group has revised its base rate (BR) and base lending rate (BLR) downwards by 50 basis points (bps) effective May 13, 2020, in line with a reduction in the overnight policy rate (OPR) by Bank Negara Malaysia (BNM).

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KUALA LUMPUR (May 6): Public Bank will reduce its base rate (BR) and base lending rate (BLR) by 50 basis points (bps), in line with Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) cut yesterday.

PUTRAJAYA (May 6): The Ministry of Health (MOH) yesterday lodged a police report over alleged statements on social media claiming five officials from the ministry had been detained by the Malaysian Anti-Corruption Commission (MACC), reported Bernama.

Sold for: RM740,000 (RM449.

KUALA LUMPUR (May 5): Malaysia’s Covid-19 new cases dropped to 30 today – the lowest daily figure after 49 days of the movement control order (MCO) period, according to the Ministry of Health (MoH).

KUALA LUMPUR (May 5): The federal government relaxed the movement control order (MCO), essentially to allow businesses to operate subject to certain conditions.

KUALA LUMPUR (May 5): Bank Negara Malaysia (BNM) has cut its overnight policy rate (OPR) by 50 basis points (bps) to 2%, a level last seen during the 2008-09 global financial crisis.

KUALA LUMPUR (May 5): The Malaysian Anti-Corruption Commission (MACC) is investigating a company over its RM30 million contract to supply mass testing laboratory systems to a ministry, The Malaysian Insight reported yesterday.