MIDF: OPR Remains At 3 Pct This Year As The Current Setting Continues To Support Sustainable Economic Growth

KUALA LUMPUR, Jan 22 (Bernama) -- Bank Negara Malaysia (BNM) has kept the overnight policy rate (OPR) at 3.00 per cent this year as the current setting remains accommodative to sustainable economic growth, said MIDF Amanah Investment Bank Bhd (MIDF). 

OPR Continues To Be Supportive Of The Economy -- BNM Governor

KUALA LUMPUR, Jan 22 (Bernama) -- The following is an interview with Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour after January’s Monetary Policy Committee meeting:-

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. 

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.

Malaysia's Auto Industry Hits Record 816,747 Units In 2024

KUALA LUMPUR, Jan 21 (Bernama) -- Malaysia’s automotive industry achieved a record Total Industry Volume (TIV) of 816,747 units in 2024, surpassing the 800,000-unit mark for the first time. 

Domestic Demand, Tech Recovery, Strategic Investments To Drive Malaysia's Growth In 2025 - AMRO Economist

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 21 (Bernama) -- Malaysia is projected to sustain robust economic growth in 2025 despite facing external challenges, driven by resilient domestic demand, surging foreign investments, and recovery in global technology demand.

Salary Hike A Boon For Retail, Travel Sectors

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Jan 20 (Bernama) -- The government's move to raise the salaries of civil servants and the minimum wage is set to positively impact the retail and travel sectors, which rely heavily on consumer spending.

Malaysia's GDP Growth Likely To Remain Resilient At 4.5 Pct In 2025 - OCBC

KUALA LUMPUR, Jan 16 (Bernama) -- Malaysia’s gross domestic product (GDP) growth is projected to remain resilient at 4.5 per cent in 2025 compared to 5.2 per cent in 2024, driven by strong export performance and sustained domestic demand, said OCBC senior ASEAN economist Lavanya Venkateswaran.

US AI Chip Export Restrictions Will Not Impact Malaysia’s Existing Data Centres -- Liew

PETALING JAYA, Jan 16 (Bernama) -- The United States (US) government’s potential restrictions on artificial intelligence (AI) chip exports will not affect existing data centres in Malaysia, according to Deputy Investment, Trade, and Industry Minister Liew Chin Tong.

Gradual Salary Adjustment Could Strengthen Malaysia's Credit Profile - Analyst

KUALA LUMPUR, Jan 16 (Bernama) -- A gradual salary increase will not lead to excessive inflationary pressures, UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan said. 

F&N Well-Capitalised To Manage Rising Energy And Wage Costs, Says CEO

KUALA LUMPUR, Jan 15 (Bernama) -- Fraser & Neave Holdings Bhd (KL:F&N) is well-capitalised to navigate rising energy and wage costs, said chief executive officer Lim Yew Hoe.

Higher Wages, Minimum Wage Hike Drive Property Demand, Affordability This Year - Hong Leong Investment Bank

KUALA LUMPUR, Jan 15 (Bernama) -- Higher wages for civil servants and the introduction of a higher minimum wage remained key factors in catalysing demand and raising affordability for properties across the country this year, said Hong Leong Investment Bank Bhd.