BNM's Decision To Keep OPR At 3 Pct Will Stimulate Economic Growth - Economists

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Jan 22 (Bernama) -- Bank Negara Malaysia's (BNM) strategy to maintain the Overnight Policy Rate (OPR) at 3.0 per cent today is meticulously crafted, emphasising sustained economic growth while keenly monitoring the ebb and flow of global financial and geopolitical developments, said economists. 

Malaysia Should Utilise Free Trade Agreements To Promote Palm Oil Globally -- MPOB

KUALA LUMPUR, Jan 22 (Bernama) -- Malaysia should utilise the free trade agreements (FTAs) that it has among the ASEAN countries, including the Regional Comprehensive Economic Partnership (RCEP) to promote palm oil at the global level, said the Malaysian Palm Oil Board (MPOB).

Truecaller To Deliver Real-time Caller ID, Spam Blocking On iPhone

KUALA LUMPUR, Jan 22 (Bernama) -- Truecaller, the global communications platform, has announced the biggest update for iPhone, now offering the entire spam and scam blocking capabilities to users.

EGGDROP Makes A Sizzling Debut In The Philippines

KUALA LUMPUR, Jan 22 (Bernama) -- EGGDROP, Korea’s premium egg sandwich brand, has launched its first store in the Philippines at the iconic SM Mall of Asia in Manila.

MSMEs Must Achieve Targets Of 41 Pct GDP Contribution, 15 Pct Export Contribution In 2025 -- Ewon

KUALA LUMPUR, Jan 22 (Bernama) -- The micro, small and medium enterprises’ (MSMEs) contribution to the national economy has not met the target set under the 12th Malaysia Plan (12MP), according to Entrepreneur and Cooperatives Development Minister Datuk Ewon Benedick.

Toshiba Unveils 32-bit Microcontrollers With Enhanced Motor Control Capabilities

KUALA LUMPUR, Jan 22 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has announced the addition of seven new 32-bit microcontrollers to its extensive motor control lineup, all equipped with the Cortex-M4 core.

BNM's International Reserves At US$115.5 Bln As At Jan 15, 2025

KUALA LUMPUR, Jan 22 (Bernama) -- Malaysia’s international reserves stood at US$115.5 billion as at Jan 15, 2025, compared to US$116.2 billion as at Dec 31, 2024, according to Bank Negara Malaysia (BNM).

Government Wage Revisions, Minimum Wage Hike To Boost Malaysians' Quality Of Living 

KUALA LUMPUR, Jan 22 (Bernama) -- Malaysians’ quality of living is set to improve following next month’s minimum wage rise and civil service salary adjustment.

SMART Modular Add-in Cards Achieve Compliance Testing

KUALA LUMPUR, Jan 22 (Bernama) -- SMART Modular Technologies Inc (SMART), a Penguin Solutions Inc brand, announced its 4-DIMM and 8-DIMM Compute Express Link (CXL) memory Add-in Cards (AICs) have successfully passed CXL 2.0 compliance testing.

BNM Maintains OPR At 3.0 Pct

KUALA LUMPUR, Jan 22 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.0 per cent during its meeting today.

Asian Supply Base Crew Change Facility To Boost Labuan’s Offshore Operations

LABUAN, Jan 22 (Bernama) -- The Asian Supply Base (ASB) has officially launched a new Crew Change Facility designed to streamline the signing-on and signing-off for the oil and gas (O&G) crews, marking a significant advancement in offshore operations in Malaysia.

TechStore Eyes RM25 Mln From IPO To Drive Expansion

KUALA LUMPUR, Jan 22 (Bernama) -- Enterprise IT services provider TechStore Bhd aims to raise RM25 million from its initial public offering (IPO) en route to an ACE Market listing on Feb 18, 2025.