BNM Cuts OPR By 25 Bps To 2.75 Pct
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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Expat Pass Application Process Reduced To 10 Days Via Xpats Gateway
KUALA LUMPUR, July 7 (Bernama) -- The processing time for Expatriate Employment Pass (EP) approvals, which used to take up to 40 days, has been reduced to just 10 working days following the integration of the Integrated Foreign Worker Management System (ePPAx) and MYFutureJobs into the Xpats Gateway, effective July 1.
Sabah To Raise OGSE Contracts For Local Firms By 100 Per Cent This Year – Hajiji
KOTA KINABALU, July 3 (Bernama) -- The Sabah government, in collaboration with Petroliam Nasional Bhd (Petronas) and industry partners, has set a target to increase by 100 per cent the value of local contracts in the oil and gas services and equipment (OGSE) sector awarded to Sabah-based companies this year.
Amir Hamzah Lauds Gear-Up's Progress
PUTRAJAYA, June 30 (Bernama) -- Finance Minister II Datuk Seri Amir Hamzah Azizan has expressed satisfaction with the progress of the Government-linked Enterprises Activation and Reform Programme (GEAR-uP).
Pharma Industry Emerging As Driver Of Investments, Jobs, And Healthcare Resilience -- MPC
KUALA LUMPUR, June 30 (Bernama) -- Malaysia’s pharmaceutical industry is emerging as a driver of high-value investment, skilled employment, and healthcare resilience, driven by regulatory and productivity reforms implemented in recent years, according to the Malaysia Productivity Corporation (MPC).
Ringgit To Trade Firmer Against US Dollar Next Week, Ahead Of Us Labour Data
KUALA LUMPUR, June 28 (Bernama) -- The ringgit is expected to trade firmer next week following the US labour market data, an analyst said.
Intel, Vishay Set To Expand Semiconductor Presence In Malaysia - Tengku Zafrul
KUALA LUMPUR, June 22 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has held discussions with leading tech giant, Intel, regarding the latter’s plans on reinvestment and expansion of its operations in Malaysia.
HLIB Maintains Forecast For BNM To Cut OPR To 2.75 Pct in 2H 2025
KUALA LUMPUR, June 19 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) has maintained expectations for Bank Negara Malaysia (BNM) to lower the overnight policy rate (OPR) by 25 basis points (bps) to 2.75 per cent in the second quarter of 2025 (2H 2025), if economic conditions warrant.
IIBD To Transform Johor Bahru Into World-class Business Hub
JOHOR BAHRU, June 13 (Bernama) -- The implementation of the Ibrahim International Business District (IIBD) is set to transform Johor Bahru city centre into a world-class business hub, said Johor state housing and local government committee chairman Datuk Mohd Jafni Md Shukor.
Malaysia Secures RM89.8 Bln Approved Investments In 1Q 2025, Up 3.7 Pct Year-On-Year
KUALA LUMPUR, June 11 (Bernama) -- Malaysia has secured RM89.8 billion in approved investments for the first quarter of 2025 (1Q 2025), a steady 3.7 per cent year-on-year increase despite a challenging global economic backdrop.
Malaysia’s Manufacturing Sales Rise 4.8 Pct In April
KUALA LUMPUR, June 11 (Bernama) -- Malaysia’s manufacturing sector recorded a 4.8 per cent year-on-year increase in sales value to RM160.6 billion in April 2025, according to the Department of Statistics Malaysia (DoSM).
e-invoice System Postponed After Considering Business Owners' Concerns - Lim
GEORGE TOWN, June 8 (Bernama) – The government has postponed the implementation of the e-invoice system after weighing the concerns of business owners, particularly the micro, small, and medium enterprises (MSMEs), said Deputy Finance Minister Lim Hui Ying.