News about rate

KUALA LUMPUR (June 25): Malaysia recorded yet another deflation in May — the third monthly deflation in a row — but this is no reason for Bank Negara Malaysia to further cut the Overnight Policy Rate (OPR), said economists.

KUALA LUMPUR (May 21): The enforcement of Section 17A of the MACC Act 2009 on June 1 reflects the government's commitment to tackling corruption, improving integrity and implementing good corporate governance.

PENANG (May 7): The state authorities here have decided to reduce the increase in the proposed assessment rates, Malaysiakini reported today.

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).

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.

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 1): Bank Negara Malaysia has issued an FAQ to respond to the public’s queries on the six-month moratorium granted on Hire-Purchase loans and fixed rate Islamic financing.

KUALA LUMPUR (April 23): CGS-CIMB Securities Sdn Bhd said yesterday it expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by another 75 basis points (bps) in anticipation of a contraction in the country’s economy in 2020 and subdued inflation during the year.

KUALA LUMPUR (April 18): The National Security Council (NSC) has yet to determine the country's 'exit strategy' for the current nationwide Movement Control Order (MCO), according to Health director-general Datuk Dr Noor Hisham Abdullah.

KUALA LUMPUR (March 30): The COVID-19 infection rate in Malaysia is still stable, seeing there has been no “exponential spike” in new cases so far compared to other countries, says Health Director-General Datuk Dr Noor Hisham Abdullah (pictured).