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Research houses positive on banking sector following OPR rate hike

Research houses positive on banking sector following OPR rate hike

CGS-CIMB reiterated its "overweight" call on banks as key beneficiaries of the OPR hikes after BNM raised 25 basis points (bps) to 2.50 pct yesterday.
Fri Sep 09 2022
BNM likely to raise OPR by at least 25 BPS by end-2022 - Kenanga

BNM likely to raise OPR by at least 25 BPS by end-2022 - Kenanga

This is in view of the aggressive interest rate hike by the US Federal Reserve, said Kenanga Investment Bank.
Thu Jun 16 2022
Ringgit falls against US dollar ahead of FOMC meeting next week

Ringgit falls against US dollar ahead of FOMC meeting next week

At 9.02 am, the ringgit declined 160 basis points (bps) to 4.1730/1780 from 4.1570/1590 at Wednesday's close.
Fri Sep 17 2021
China frees up $154 billion for banks to underpin economic recovery

China frees up $154 billion for banks to underpin economic recovery

It would cut the reserve requirement ratio (RRR) for all banks by 50 basis points (bps), effective from July 15.
Fri Jul 09 2021
OPR - Bank Negara's MPC could have cut further by 250 bps

OPR - Bank Negara's MPC could have cut further by 250 bps

The MPC can afford to further lower the OPR to e.g., 1.50 per cent.
Fri May 07 2021
Certified padi seeds ceiling price set to prevent manipulation - MAFI

Certified padi seeds ceiling price set to prevent manipulation - MAFI

The decision to fix the ceiling price for Certified Padi Seeds (BPS) at RM35 per 20kg bag was made to prevent manipulation of BPS and prices in the field.
Tue Feb 09 2021
BMW M'sia to expand BPS network

BMW M'sia to expand BPS network

BMW Group Malaysia plans to expand its BMW Premium Selection (BPS) network in Malaysia in five years, Auto Bavaria Managing Director Dean Brigham said on Tuesday.
Tue Dec 18 2012
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024