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KUALA LUMPUR, July 9 (Bernama) -- Bank Islam Malaysia Bhd, RHB Banking Group and Public Bank Bhd have revised their standardised base rate (SBR), base rate (BR) and base financing rate (BFR), following Bank Negara Malaysia’s (BNM) decision to reduce the Overnight Policy Rate (OPR) by 25 basis points (bps), from 3.00 per cent to 2.75 per cent today.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 9 (Bernama) – Bank Negara Malaysia’s (BNM) decision to cut the Overnight Policy Rate (OPR) by 25 basis points to 2.75 per cent is a proactive stance to stimulate business activity, sustain domestic demand, bolster growth and maintain Malaysia’s economic resilience.
KUALA LUMPUR, July 9 (Bernama) - Export-Import Bank of Malaysia Bhd (EXIM Bank) has formalised a financing agreement with Marrybrown Australia Pty Ltd to support the opening of 10 outlets across Victoria, Australia.
GEORGE TOWN, July 8 (Bernama) -- Perbadanan Bekalan Air Pulau Pinang Sdn Bhd (PBAPP) today launched its inaugural RM5 billion Islamic Medium-Term Notes (IMTN) Programme (Sukuk Programme) to support critical water infrastructure development and long-term water security in Penang.
By Rosemarie Khoo Mohd Sani and Mikhail Raj Abdullah
KUALA LUMPUR, July 8 (Bernama) -- Malaysia stands to gain immensely from Prime Minister Datuk Seri Anwar Ibrahim’s official visits to Italy, France and Brazil, not only in attracting potential investments, but also in expanding export markets as protectionist tendencies from American tariffs threaten to shutter global trade.
KUALA LUMPUR, July 8 (Bernama) -- The Federation of Malaysian Manufacturing (FMM) has called on the government to intensify its diplomatic and policy response following the United States' announcement of a 25 per cent blanket tariff on Malaysian exports.
KUALA LUMPUR, July 8 (Bernama) -- ChemOne Group has secured a US$350 million (US$1 = RM4.23) Islamic insurance cover from the Islamic Development Bank (IsDB)'s unit, Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC).
KUALA LUMPUR, July 8 (Bernama) -- Malaysia’s healthcare sector is expected to remain on a steady growth path, backed by rising affluence and an ageing population, according to Kenanga Investment Bank Bhd (Kenanga IB).
KUALA LUMPUR, July 8 (Bernama) -- Shariah-compliant peer-to-peer (P2P) financing platform microLEAP is drawing attention, having not only disbursed a commendable RM350 million in funding to small and medium enterprises (SMEs) in the first half of this year, but has also maintained the lowest default rate among all P2P operators in Malaysia at a mere 0.42 per cent.
From Arul Rajoo Durar Raj
RIO DE JANEIRO, July 6 (Bernama) -- Malaysia will conduct a comprehensive review of potential membership in the New Development Bank (NDB), taking into account various aspects, including the required commitments and the effectiveness of participation in the institution, said Prime Minister Datuk Seri Anwar Ibrahim.
By Hasnah Jusid
JOHOR BAHRU, July 6 (Bernama) -- Global pioneer in digital infrastructure platforms, DayOne Data Centers (DayOne), has focused on optimising its energy and water consumption to support Malaysia’s sustainability goals while maintaining high-performance operations as global demand for digital infrastructure surges.
KOTA KINABALU, July 6 (Bernama) -- Agrobank has allocated RM50 million to facilitate microfinancing access through its Agro Pintar Niaga Programme (AgroPintar), alongside an additional RM5 million in i-TEKAD matching grants.
