Raising OPR not an effective tool to strengthen ringgit, say economists
The last time Bank Negara Malaysia raised the OPR was in May, instituting a 25 bps hike to 3%, from 2.
Raising OPR not the only solution to ringgit depreciation, says PM
Bank Negara is scheduled to hold its sixth and final Monetary Policy Committee meeting for 2023 on Nov 1 and 2.
Atrium REIT's 3Q earnings weighed down by higher interest rates and fees
Going forward, Atrium said the management remains cautious due to the uncertainties surrounding the economic recovery as a result of the global economic slowdown, inflationary pressures and geopolitical risks.
Economists see OPR staying at 3% till end-2024
BNM’s latest statement on Thursday guided that the current monetary policy stance remains supportive of the economy and is consistent with the current assessment of the inflation and growth prospects, while it remains vigilant to ongoing economic developments.
As June inflation cools to 14-month low, economists mixed on BNM's OPR plans
MIDF Research, however, thinks that the steady domestic demand and sticky core inflation that lingered above 3% — as opposed to the pre-pandemic average of 1.
OCBC Bank sees 70% probability BNM will keep OPR unchanged
“Core inflation eased to a lesser extent compared to headline inflation but the direction implies that inflationary pressures are easing.
Purchasers of Empire Remix succeed in opposing corporate voluntary arrangement
The court also considered that there was no approval from the land owner for True Renaissance to continue with the project.
90% respondents say ESG considerations shape corporate real estate strategies – Knight Frank survey
More than 50% of respondents are taking tangible steps towards ESG integration, either by establishing ESG plans or net-zero carbon targets.
Winners and losers of Bank Negara’s latest OPR rate hike to 3%
According to Hong Leong Investment Bank (HLIB), banks, in particular Alliance Bank Malaysia Bhd and Bank Islam Malaysia Bhd (BIMB), are expected to benefit from the OPR hike as it would help alleviate some pressure off Net interest margins (NIM) in 2Q2023.
