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KUALA LUMPUR, July 9 (Bernama) -- MIDF Amanah Investment Bank does not view Bank Negara Malaysia’s (BNM) 25-basis point (bps) reduction in the Overnight Policy Rate (OPR) to 2.75 per cent as signalling the start of a rate-cutting cycle in the near term.
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By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 9 (Bernama) – Bank Negara Malaysia’s (BNM) decision to cut the Overnight Policy Rate (OPR) by 25 basis points to 2.75 per cent is a proactive stance to stimulate business activity, sustain domestic demand, bolster growth and maintain Malaysia’s economic resilience.
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KUALA LUMPUR, July 9 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has reduced the Overnight Policy Rate (OPR) by 25 basis points to 2.75 per cent today.
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KUALA LUMPUR, July 8 (Bernama) -- CIMB Securities Sdn Bhd expects spillover opportunities for contractors and pipe suppliers if the National Water Services Commission's (SPAN) call for the data centre industry to shift towards alternative water resources is implemented.
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By Siti Radziah Hamzah
KUALA LUMPUR, July 6 (Bernama) -- The Sarawak-linked segment of the ASEAN Power Grid (APG) is shaping up to be a crucial enabler of regional decarbonisation efforts, supplying low-carbon hydropower to displace fossil fuel generation across Southeast Asia, said an expert.
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By Jailani Hasan
KOTA KINABALU, July 4 (Bernama) -- Sabah’s own Aerial Tech and Defense System Sdn Bhd is making waves at the Sabah Oil, Gas and Services Exhibition (SOGSE) 2025 by showcasing its comprehensive unmanned aerial vehicle (UAV) capabilities.
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By Nur Ashikin Abdul Aziz
SINGAPORE, July 3 (Bernama) -- ASEAN should shift its focus towards developing its own companies and technologies, moving away from an economic model driven by foreign direct investment (FDI) or export-led industrialisation, amid global uncertainty.
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From Arul Rajoo Durar Raj
ROME, July 2 (Bernama) -- Malaysia and Italy have agreed to enhance their long-standing economic ties, with a focus on energy transition that has also attracted interest from Japan and Indonesia.
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KUALA LUMPUR, July 2 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) is expected to propel Johor's share of national gross domestic product (GDP) to exceed 12 per cent by 2023, should their investments materialise according to plan, said CIMB Investment Bank Bhd.
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KUALA LUMPUR, June 30 (Bernama) -- The East Coast Economic Region Development Council (ECERDC) has successfully recorded RM6.4 billion in realised investments in the first six months of this year, said Prime Minister Datuk Seri Anwar Ibrahim.
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By Karina Imran
KUALA LUMPUR, June 27 (Bernama) — Air travellers and insurance companies are deeply concerned over possible rise in costs brought on by the escalating geopolitical tension in the Middle East which has led to abrupt closure of major airports in the region, which serve as among the busiest aviation hubs.
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KUALA LUMPUR, June 26 (Bernama) -- The possible closure of the Strait of Hormuz following the recent Iranian parliamentary vote poses limited risk to Malaysia, said MIDF Amanah Investment Bank Bhd.