BNM keeps OPR unchanged at 2.75%

This is the second consecutive time the central bank maintained its benchmark interest rate after four straight hikes last year by a cumulative 100 basis points to tame inflation and respond to tightening fiscal policy by the US Federal Reserve.

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National short-term rental accommodation guide in the works, says Nga

Local Government Development Minister Nga Kor Ming said the guidelines and regulations will be included in the Cabinet Ministers Memorandum paper, led by the Ministry of Tourism, Arts and Culture, to deal with issues that occur at the operational and implementation levels of short-term rental accommodation KUALA LUMPUR (Feb 22): The government is working on a comprehensive short-term rental accommodation (STRA) guide that will be adopted by all local governments in Malaysia, said Local Government Development Minister Nga Kor Ming (pictured).

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