By Siti Radziah Hamzah
KUALA LUMPUR, March 7 (Bernama) -- The ringgit extended its rally today to close on the front foot against the US dollar, powered by a more dovish US Federal Reserve (Fed) outlook and Bank Negara Malaysia’s decision to hold rates steady, said an analyst.
KUALA LUMPUR, March 7 (Bernama) -- Bursa Malaysia remained lower at midday on selling pressure in selected utilities, plantation, telecommunications, and media stocks.
KUALA LUMPUR, March 7 (Bernama) -- BMI Country Risk & Industry Research (BMI), a unit of Fitch Solutions Group Ltd, expects Bank Negara Malaysia (BNM) to keep the Overnight Policy Rate (OPR) at 3.00 per cent through 2025.
KUALA LUMPUR, March 7 (Bernama) -- Malaysian banks will likely see moderate profit growth this year, underpinned by steady loan expansion and still-benign loan provisioning expenses.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 7 (Bernama) -- Bursa Malaysia opened lower today, tracking Wall Street’s overnight decline as uncertainty over United States (US) tariffs spurred selling.
By Kisho Kumari Sucedaram
KUALA LUMPUR, March 7 (Bernama) -- The ringgit opened higher against the US dollar for the fifth consecutive day as uncertainties over US tariff policies prompted traders and investors to steer clear of riskier assets, an analyst said.
KUALA LUMPUR, March 6 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate (OPR) at 3.00 per cent during the March 2025 monetary policy meeting is broadly expected, emphasising the current conducive policy stance to sustain economic growth.
By Siti Radziah Hamzah
KUALA LUMPUR, March 6 (Bernama) -- The ringgit closed higher against the US dollar for the third consecutive day as the greenback’s safe-haven status weakened due to a mix of slowing United States (US) economic data, tariff uncertainty, and unpredictable policymaking, prompting traders to look elsewhere, said an analyst.
PUTRAJAYA, March 6 (Bernama) -- The rate of capitation grant distributed to state governments will be increased by 25 per cent, or RM109 million, to RM548 million effective from 2026.
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.
KUALA LUMPUR, March 6 (Bernama) -- The following is an interview with Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour following March’s Monetary Policy Committee meeting:
KUALA LUMPUR, March 6 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.0 per cent at its meeting today.
