LATEST NEWS   Body cameras will be rolled out in phases for Federal Territories' local authority enforcement personnel, starting fourth quarter this year - Hannah | MACC will investigate any case if there are new leads, even if it was previously classified as 'no further action' - Azam Baki | MACC's job is to recover misappropriated public funds, MOF determines how the money is redistributed - Azam Baki | Companies must actively manage currency risks through appropriate hedging and business strategies -- Johari Ghani | Development of National Halal Policy enters final phase, expected to be completed in May – DPM Fadillah | 

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.

BNM highlighted that global growth for 2024 turned out higher than expected, reflecting better outturns in the major economies and stronger global trade.

“For 2025, the global economy is anticipated to be sustained by positive labour market conditions, moderating inflation and less restrictive monetary policy.

“Global trade is expected to remain broadly sustained, supported by the continued tech upcycle,” it said in a statement today.

-- BERNAMA