News about rate

PETALING JAYA (Feb 8): More and more low income earners in Klang Valley are losing their jobs during the one-year long conditional movement control order, according to a report by United Nations International Children's Emergency Fund (Unicef).

KUALA LUMPUR (Feb 5): Were the two top executives of the Abu Dhabi wealth fund implicated in the 1MDB scandal convicted and jailed two days ago in the United Arab Emirates? According a Feb 3 news report by the Khaleej Times, the Abu Dhabi Criminal Court had sentenced a former senior management executive of a government-owned company and its chief executive officer (CEO) to 15 years in prison for money laundering.

PETALING JAYA (Jan 22): A fishmonger has been given one month in jail and a fine of RM1,000 in a Magistrate’s Court here for hitting his wife on the head after reading text messages on her phone.

KUALA LUMPUR (Jan 15): DBS Group Research is predicting Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by another 25 basis points (bps), which would bring the interest rate to a new low of 1.

KUALA LUMPUR (Nov 6): Malaysia's unemployment rate is projected to decrease to 3.

KUALA LUMPUR (Nov 3): Bank Negara Malaysia (BNM) has decided to maintain the Overnight Policy Rate (OPR) at 1.

KUALA LUMPUR (Oct 14): Despite the expected weakening in financial health among non-financial corporates (NFCs) due to the Covid-19 pandemic, the aggregate indicator of the debt- servicing capacity of NFCs has remained above the prudent threshold, reflecting the reasonably healthy financial conditions prior to the pandemic, according to Bank Negara Malaysia's (BNM) Financial Stability Review for the first half of 2020 (1H20).

PETALING JAYA (Sept 22): The loan approval rate for residential properties in the first half 2020 (1H2020) stood at 34.

The Covid-19 outbreak has changed the game rules, and the conventional labour intensive way might not be feasible in the future.

PETALING JAYA (Sept 16): Government’s role is crucial in supporting the rollout of new construction technologies in the country and regulation is also important for the industry players to adapt to new building methods, said Hong Kong-based Ho & Partners Architects (HPA) executive chairman Nicholas Lik Chi Ho.