KUALA LUMPUR, May 7 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent today reinforced expectations that the central bank will likely hold the rate throughout 2026, although investment banks and research houses caution that prolonged geopolitical tensions and higher oil prices could still alter the inflation outlook.
KUALA LUMPUR, May 7 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent for a sixth consecutive Monetary Policy Committee (MPC) meeting reflects growing confidence in the resilience of Malaysia’s domestic economy despite mounting global uncertainties, economists said.
From Niam Seet Wei
CEBU (Philippines), May 7 (Bernama) -- Malaysia does not sell oil to other ASEAN member states as the country is still importing about 400,000 barrels of crude oil per day, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.
From Niam Seet Wei
CEBU (Philippines) May 7 (Bernama) -- ASEAN may consider bringing in the private sector to help realise the newly-mooted oil stockpiling framework aimed at strengthening the region’s long-term energy security and preparedness.
KUALA LUMPUR, May 7 (Bernama) -- The rubber market closed mixed on Thursday, amid gains in regional rubber futures but capped by weaker oil prices and a stronger ringgit, a dealer said.
KUALA LUMPUR, May 7 (Bernama) -- Malaysia is positioning the carbon market as a critical economic driver to bolster industrial competitiveness and meet its ambitious climate targets under the newly approved National Carbon Market Policy (DPKK).
KUALA LUMPUR, May 7 (Bernama) -- The rubber market closed mixed on Thursday, amid gains in regional rubber futures but capped by weaker oil prices and a stronger ringgit, a dealer said.
KUALA LUMPUR, May 7 (Bernama) -- The ringgit extended its gains today, closing firmer against major currencies and most regional peers following Bank Negara Malaysia’s (BNM) move to maintain the Overnight Policy Rate (OPR) at 2.75 per cent.
KUALA LUMPUR, May 7 (Bernama) -- Malaysia must continue attracting strategic, high-quality investments while ensuring that local companies capture greater share of the value created by global investors operating in the country, said Malaysian Investment Development Authority (MIDA) chief executive officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid.
By Abdul Hamid A Rahman
KUALA LUMPUR, May 7 (Bernama) -- Bursa Malaysia closed marginally higher today, supported by continued buying in banking heavyweights following Bank Negara Malaysia’s decision to maintain the overnight policy rate (OPR) at 2.75 per cent.
CEBU (Phillippines), May 7 (Bernama) -- ASEAN needs to work towards a practical framework for oil stockpiling to enhance the region’s long-term energy security and preparedness, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.
ISKANDAR PUTERI, May 7 (Bernama) -- Household income in Johor has increased since the current state administration took office in 2022, placing the state among the highest in Malaysia in terms of household income levels.
