4d ago
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.
5d ago
By Zufazlin Baharuddin
KUALA LUMPUR, July 9 (Bernama) -- The imposition of the new reciprocal United States tariff could present a greater opportunity to strengthen intra-ASEAN trade, said Philippines Foreign Affairs Secretary Ma. Theresa P. Lazaro.
5d ago
KUALA LUMPUR, July 9 (Bernama) -- Bank Islam Malaysia Bhd, RHB Banking Group and Public Bank Bhd have revised their standardised base rate (SBR), base rate (BR) and base financing rate (BFR), following Bank Negara Malaysia’s (BNM) decision to reduce the Overnight Policy Rate (OPR) by 25 basis points (bps), from 3.00 per cent to 2.75 per cent today.
5d ago
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.
5d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 9 (Bernama) -- The ringgit closed lower against the greenback today as concerns over US tariffs continued to dominate market sentiment, an analyst said.
5d ago
By Anas Abu Hassan and Danni Haizal Danial Donald
KUALA LUMPUR, July 9 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) pared earlier losses to end almost unchanged on Wednesday, declining by only 0.06 per cent, after Bank Negara cut the benchmark interest rate.
5d ago
KUALA LUMPUR, July 9 (Bernama) -- Following is the transcript of Bernama’s email interview with Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour on the Overnight Policy Rate (OPR).
5d ago
SHAH ALAM, July 9 (Bernama) -- Logistics outfit DHL is optimistic about solidifying its growth in Malaysia despite the United States announcing a 25 per cent reciprocal tariff on Malaysia.
5d ago
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.
5d ago
KUALA LUMPUR, July 9 (Bernama) -- Malaysia remains competitive relative to its ASEAN peers despite the potential 10 per cent additional tariff imposed by the United States (US) on countries perceived to be aligned with BRICS, said MIDF Amanah Investment Bank.
5d ago
KUALA LUMPUR, July 9 (Bernama) -- Malaysia still has time to negotiate better terms following the United States (US) decision to defer its tariff enforcement date to Aug 1, 2025, from the earlier scheduled date of July 9, CIMB Securities Sdn Bhd said.
5d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 9 (Bernama) -- The ringgit opened slightly lower against the US dollar on Wednesday, as investors remained cautious ahead of Bank Negara Malaysia’s Monetary Policy Committee (MPC) meeting, with economists divided over the likelihood of an Overnight Policy Rate (OPR) cut, said an analyst.