Bank Negara raises OPR by 25bps to 2.5%, as expected

Sep 08

This is the MPC’s third consecutive 25bps OPR hike this year, in line with 17 economists’ forecast polled by Bloomberg, bringing year-to-date increase to 75bps.

BNM raises OPR to 2% from record low of 1.75%

May 11

KUALA LUMPUR (May 11): Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) on Wednesday (May 11) increased the overnight policy rate (OPR) by 25 basis points to 2% from a record low of 1.

Sheda: Minimum wage hike may increase unemployment rate

Feb 08

KUCHING (Feb 8): An increase of the minimum wage may lead to an increase of unemployment rate as employers may end up hiring fewer workers due to the high cost, said Sarawak Housing and Real Estate Developers’ Association (Sheda) president Augustine Wong Chung Ho.

Pekat Group secures 15-year power purchase agreement

Nov 15

KUALA LUMPUR (Nov 15): Pekat Group Bhd has secured a power purchase agreement (PPA) to supply solar-generated electricity to Majlis Bandaraya Seberang Perai (MBSP) for a 15-year period.

Fitch Solutions expects Bank Negara to hike OPR by 50bps in 2022 to rebuild policy buffers

Nov 04

KUALA LUMPUR (Nov 4): Fitch Solutions, the research unit of Fitch Group, is expecting Bank Negara Malaysia to raise the overnight policy rate (OPR) by 50 basis points (bps) to 2.

95.7% of adult population in Malaysia fully vaccinated

Nov 04

KUALA LUMPUR (Nov 4): A total of 22,409,335 individuals or 95.

Covid-19: 93.8% of Malaysia's adult population fully vaccinated as of Oct 17

Oct 18

KUALA LUMPUR (Oct 18): A total of 21,960,911 individuals or 93.

With 224,034 Covid-19 vaccine doses administered on Oct 5, another 1.6% to reach 90% adult population vaccination mark

Oct 06

KUALA LUMPUR (Oct 6): Malaysia administered 224,034 Covid-19 vaccine doses nationwide on Tuesday (Oct 5) — the fifth straight day the daily figure stayed below the 300,000 mark.