| LATEST NEWS | IMF projects Malaysia's growth at 4.7 per cent for this year and 4.3 per cent in 2027 | Global headline inflation is expected to increase to 4.4 per cent in 2026 and decline to 3.7 per cent in 2027, marking upward revisions for both years - IMF | IMF projects global growth of 3.1 per cent for this year (2025: 3.4 pct), a downward revision of 0.2 percentage point from January projections | |
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.
BANGKOK, March 25 (Bernama) -- Amata Corporation PCL, Thailand's leading industrial estate developer, expects a 15 per cent increase in industrial land sales in 2025, driven by its new project in Laos and sustained investor demand in Thailand and Vietnam.
KUALA LUMPUR, March 24 (Bernama) -- Buy now, Pay Later (BNPL) activity has grown rapidly, although the total outstanding BNPL debt remained a small proportion of overall household debt at RM2.8 billion or 0.2 per cent as of December 2024.
KUALA LUMPUR, March 11 (Bernama) -- Local consumer 'buy now, pay later' (BNPL) transactions surged in the second half (2H) of 2024, reaching RM7.1 billion, up from RM4.9 billion in the first half, said Finance Minister II, Datuk Seri Amir Hamzah Azizan.
By Harizah Hanim Mohamed
KUALA LUMPUR, March 6 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 3.00 per cent reflected a strategic calibration of monetary policy that allows the central bank flexibility amid evolving global and domestic economic conditions.
By Anas Abu Hassan
KUALA LUMPUR, March 6 (Bernama) -- Bank Negara Malaysia is expected to keep the overnight policy rate (OPR) at 3.00 per cent during its Monetary Policy Committee (MPC) meeting today, amid a stable interest rate environment, economists said.
KUALA LUMPUR, Feb 27 (Bernama) -- Tha national household debt, which stood at RM1.63 trillion as at end-December 2024 -- equivalent to 84.2 per cent of gross domestic product (GDP) -- was much lower than household financial assets, according to the Finance Ministry (MoF).
KUALA LUMPUR, Dec 24 (Bernama) -- Bank Negara Malaysia’s (BNM) proposal to abolish the flat-rate method for calculating personal financing is seen as a significant step towards improving the financial health of households, said an economist.
KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia’s banking sector is projected to continue recording higher profits in 2025, supported by steady loan growth, a stable interest rate environment, and non-interest income, said an economist.
KUALA LUMPUR, Nov 1 (Bernama) -- Growth for countries in ASEAN is forecast to be at a robust 4.6 per cent this year and 4.7 per cent in 2025, largely supported by strong domestic demand and exports, the International Monetary Fund (IMF) said on Friday.
KUALA LUMPUR, Oct 21 (Bernama) -- Malaysia and Singapore are the two countries in ASEAN with well-established credit bureaux which aggregate extensive data from various sources, supported by the high level of banking penetration in their economies, according to Moody’s.
KUALA LUMPUR, Oct 18 (Bernama) -- BMI, a unit of Fitch Solutions, has forecast household spending to grow by 5 per cent year-on-year in 2025, in real terms, to a value of RM952.6 billion.
