BNM keeps overnight policy rate unchanged as widely expected
Malaysia’s economy may expand 4%-5% this year, according to government forecast, following a weaker-than-expected 3.
Malaysia’s economy may expand 4%-5% this year, according to government forecast, following a weaker-than-expected 3.
The solar farms for KIGIP will be owned and operated by SDP, as renewable energy has been identified as a key strategic pillar and revenue source for the group.
Bank Negara Malaysia resisted pressures to raise the overnight policy rate last November, and “we expect the same this week”, HSBC said.
The proposed IC Design Park, poised to begin operations by July 2024, has already secured the commitment of four partner companies, including ARM Ltd, Phison Malaysia, SkyeChip Sdn Bhd and Shenzhen Semiconductor Industry Association.
AmanahRaya REIT has previously announced a decision to fully divest from the hospitality sector as part of ongoing initiatives to optimise its portfolio by acquiring high-yielding assets and divesting non-core assets.
Whether correctly or incorrectly, Malaysia’s current “supportive monetary policy” may be construed as “accommodative or dovish,” especially in relation to higher interest rates in several other economies.
On Wednesday, the steel structure fabrication company announced that it has secured four new contracts in Saudi Arabia, the United Arab Emirates and India.
“We hope that we will be able to secure an agreement from all parties, and this project can be launched this year.
“This partnership aims to create a robust infrastructure that supports its long-term vision for the region’s growth and development while incorporating sustainable elements within an ESG framework.
Think City awarded eight applicants, who went through expert evaluations, workshops and a pitch event, with the grants.