ECB To Decide On Europe's Key Interest Rates, With No Change Expected
FRANKFURT, July 24 (Bernama-dpa) -- The European Central Bank (ECB) is set to decide on interest rates in the eurozone on Thursday afternoon, reported German news agency dpa.
| LATEST NEWS | As Parliament prepares to consider the Climate Change Bill, the transition will be orderly, evidence-based and anchored in national interest - PM Anwar | The strengthening of the ringgit ultimately reflect trust in institutions, in policy direction and trust that a country is governed with discipline and purpose — PM Anwar | Investment confidence returns as Malaysia stands on firmer ground, with GDP on track to grow and inflation contained, reflecting disciplined fiscal management and renewed seriousness in governance - PM Anwar | Investment confidence returns as Malaysia stands on firmer ground, with GDP on track to grow and inflation contained - PM Anwar | Malaysia will continue on a positive growth trajectory -- one that is resilient, inclusive, and governed with honour - PM Anwar | |
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RON95 Subsidy Plan To Benefit Majority, Mitigate Inflationary Pressures - Investment Banks
KUALA LUMPUR, July 24 (Bernama) -- The government's plan to reduce the price of RON95 petrol is widely seen as a positive step to ease living costs and support private consumption amid global economic uncertainties, said investment banks.
CGC Enhances Financing Features Under BizJamin MTC, BizJamin-i MTC Schemes To Support MTCs
KUALA LUMPUR, July 23 (Bernama) -- Credit Guarantee Corporation Malaysia Bhd (CGC) has enhanced its financing feature under the BizJamin MTC and BizJamin-i MTC schemes, now allowing mid-tier companies (MTCs) to apply for financing amounts between RM1 million and RM5 million.
ASEAN Economies To Maintain Growth Above 4 Pct Despite Global Challenges -- AMRO Economist
By Nur Ashikin Abdul Aziz
SINGAPORE, July 23 (Bernama) -- ASEAN economies are expected to maintain growth above four per cent despite a challenging global environment, with projections at 4.4 per cent in 2025 and 4.2 per cent in 2026, according to ASEAN+3 Macroeconomic Research Office (AMRO) chief economist Dong He.
Malaysia’s Financial Fundamentals Draw IMF Praise
KUALA LUMPUR, July 23 (Bernama) -- Malaysia’s financial strength and market flexibility support resilience against external shocks and capital outflows, according to the International Monetary Fund (IMF).
IILM’s US$800 Mln Short-term Sukuk Oversubscribed 2.3 Times
KUALA LUMPUR, July 22 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has reissued a total of US$800 million (US$1=RM4.23) in short-term sukuk across three tenors, with the offering oversubscribed by 2.3 times.
Infomina Launches Malaysia’s First Industry-recognised Digital Property Valuation Platform
KUALA LUMPUR, July 19 (Bernama) – Technology solutions provider Infomina Bhd has introduced ValuationXchange, Malaysia’s first industry-recognised digital property valuation platform, through a strategic collaboration with Geolytik Tech Sdn Bhd.
MoneyHero Hosts Inaugural SingSaver Best-Of Awards, Honours Singapore’s Top Financial Products
KUALA LUMPUR, July 18 (Bernama) -- MoneyHero Limited (MoneyHero) celebrated excellence in consumer finance with the first-ever MoneyHero Group Presents: SingSaver Best-Of Awards.
Maybank IB Expects BNM To Maintain OPR Rate At 2.75 Pct Until Year-end
KUALA LUMPUR, July 17 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects Bank Negara Malaysia (BNM) to keep the overnight policy rate (OPR) at 2.75 per cent for the rest of the year after the 25 basis points reduction on July 9.
OPR Cut Can Address Household Debt Service Ratio, Provides Reprieve In Disposable Income -- GX Bank
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 14 (Bernama) -- GX Bank Bhd said the overnight policy rate (OPR) cut to 2.75 per cent from three per cent could potentially address the household debt service ratio while providing a reprieve in disposable income.
Gold Shines As Safe Haven Amid Global Uncertainty - Malaysia Gold Association
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 11 (Bernama) -- Global demand for gold bars as a secure investment is on the rise, particularly among central banks and high-net-worth individuals, according to the Malaysia Gold Association.
ASEAN-Based MNCs Could Be Key To Navigating Economic Challenges — Liew
KUALA LUMPUR, July 11 (Bernama) -- The emergence of more ASEAN-based multinational corporations (MNCs) with strong ties to United States (US) companies could be key to navigating current economic challenges and shaping a new regional growth framework.