Compliance Cost Savings’ Goal Of 1 Pct GDP in Line With International Standards -- MPC

PUTRAJAYA, Dec 7 (Bernama) -- Malaysia’s aim to reduce compliance costs to up to 1 per cent of gross domestic product (GDP)  as part of the civil service reform agenda is in line with international standards, including those of the Organisation for Economic Co-operation and Development (OECD).

Melaka Speeds Up Industrial Growth Through Melaka Industrial Booster

MELAKA, Dec 3 (Bernama) – The Melaka state government is stepping up efforts to drive industrial development through the Melaka Industrial Booster (MIB), a one-stop centre designed to streamline investment processes and accelerate the growth of industrial zones across the state.

Malaysia Aims To Achieve 35 Per Cent Skilled Workforce By 2030 - Tengku Zafrul

KUALA LUMPUR (Bernama) --  Malaysia aims to achieve a 35 per cent skilled workforce and 3.6 per cent productivity growth by 2030 as part of efforts to strengthen the nation’s competitiveness, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

RKB Initiative Under MITI Boosts Access To Financing, Strengthens Aerospace Supply Chain

KUALA LUMPUR, Nov 29 (Bernama) -- The Bureaucratic Red Tape Reform (RKB) initiative under the Ministry of Investment, Trade and Industry (MITI) is already translating into tangible impact, improving service delivery, reducing red tape and fostering a more business-friendly environment.

Current 2.75 Pct OPR Remains Appropriate And Supportive For Malaysia's Economy - BNM Governor 

KUALA LUMPUR, Nov 14 (Bernama) -- The current overnight policy rate (OPR) of 2.75 per cent remains supportive and appropriate given Malaysia’s economic conditions and stable inflation environment, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.

Increasing Natural Rubber Production Can Reduce Import Dependency, Saving RM4 Bln

KUALA LUMPUR, Nov 13 (Bernama) -- The government is of the view that increasing natural rubber production to at least 400,000 tonnes of cuplump and 20,000 tonnes of latex will directly reduce dependence on imports, with savings estimated at RM4 billion.

US Tariffs Not Affecting Malaysian Oil Palm Input Costs – Johari

KUALA LUMPUR, Nov 13 (Bernama) -- The Ministry of Plantation and Commodities (MPC) said the tariffs imposed by the United States have not affected the input costs of oil palm plantations in Malaysia.

Ringgit Rises Near One-year High Vs US Dollar After BNM Holds OPR

KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit opened higher against the US dollar on Friday, after Bank Negara Malaysia (BNM) kept the overnight policy rate (OPR) unchanged at 2.75 per cent, touching the 4.17 level.

Ringgit Higher After OPR Stays Pat At 2.75 Pct

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.

Ipoh Sentral Project To Offer Over 20,000 Job Opportunities

BATU GAJAH, Nov 6 (Bernama) -- More than 20,000 job opportunities will be created through the Ipoh Sentral development project which is expected to be a major catalyst for Perak's economic growth in the next few years.

No Immediate Need To Reduce OPR, Malaysia's Economic Outlook Remains Resilient - Analysts

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. 

BNM Governor: Malaysian Economy To Remain On Steady Growth Path Into 2026

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).