1m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit closed higher on Thursday, remaining steady at the 4.18 level after Bank Negara Malaysia (BNM) maintained the Overnight Policy Rate (OPR) at 2.75 per cent during its final Monetary Policy Committee (MPC) meeting of 2025.
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KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia (BNM) has room to reduce the overnight policy rate (OPR), but there is no immediate urgency to do so given the country’s resilient economic outlook, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
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KUALA LUMPUR, Nov 6 (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).
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KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia (BNM) maintains the overnight policy rate (OPR) at 2.75 per cent at its final Monetary Policy Committee (MPC) meeting for 2025.
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By Harizah Hanim Mohamed
KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit is seen moving towards the 4.00 to 4.15 level against the greenback by end-2025, after registering a six per cent gain against the US dollar year-to-date, making it the top-performing Asian currency and affirming its steady trajectory.
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KUALA LUMPUR, Nov 6 (Bernama) -- Insurers and takaful operators (ITOs) are required to submit all necessary information to Bank Negara Malaysia (BNM) for review before implementing premium readjustments, said Deputy Finance Minister Lim Hui Ying.
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KUALA LUMPUR, Nov 5 (Bernama) -- Malaysia's economic growth continues to remain resilient this year, against the backdrop of external volatility and uncertainties related to the United States (US) trade policy, according to S&P Global Ratings (S&P).
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KUALA LUMPUR, Nov 5 (Bernama) -- The design and concept of the base Medical and Health Insurance/Takaful (MHIT) product, which are expected to be finalised by the end of this year, has received encouraging feedback from members of the consultative council.
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KUALA LUMPUR, Nov 4 (Bernama) -- The base Medical and Health Insurance/Takaful (MHIT) product design and concept, which is expected to be finalised by the end of this year, has received encouraging feedback from members of the consultative council.
1m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 4 (Bernama) -- The ringgit rebounded to close higher on Tuesday as weaker US economic data and uncertainty over the US Federal Reserve's (Fed) next monetary policy move weighed on the greenback.
2m ago
KUALA LUMPUR, Nov 3 (Bernama) -- The government is taking a longer time to implement the RON95 fuel subsidy rationalisation compared to other subsidies to ensure that the implementation is carried out carefully and does not negatively affect the people.
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KUALA LUMPUR, Nov 3 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of South Korea’s KB Insurance Co Ltd (KBI), with a stable outlook.