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Malaysia is set to spearhead several multi-country initiatives, including workshops and conferences focused on regulatory reforms, productivity enhancement via artificial intelligence (AI), and modern

This marked the third consecutive meeting that the MPC has opted to hold the key rate.

BNM has raised the OPR by 25 basis points to 2.75 pct, the fourth consecutive hike since May this year as the central bank's MPC decided to further adjust the degree of monetary accommodation.

The government does not intervene in decisions on the OPR as this is determined by Bank Negara Malaysia's (BNM) monetary policy committee (MPC), said Finance Minister Tengku Zafrul Abdul Aziz.

Abdul Latif said the projection could be achieved this year with the support of the public and private sectors.

Tengku Zafrul said monetary policy was controlled by the MPC (under the supervision of the central bank) while fiscal policy was under the jurisdiction of the federal government.

The government will launch the National Policy on Good Regulatory Practice (NPGRP) on July 30, which is an improvement on the National Policy on Development and Implementation of Regulations (NPDIR).

The MPC can afford to further lower the OPR to e.g., 1.50 per cent.

Abdul Latif also urged civil servants, business operators and the public to widen their knowledge and expertise regarding digital technology.

BNM's Monetary Policy Committee considers the stance of monetary policy to be appropriate and accommodative.

In a statement today, the central bank's MPC considered the stance of monetary policy to be appropriate and accommodative.

The project, with a nine-month duration, is aimed at providing recommendations and guidelines to enhance competitiveness, business environment, and ease of doing business.

The reduction in the OPR will provide additional policy stimulus to accelerate the pace of economic recovery.

The time is now ripe for Malaysia to embrace and adopt digitalisation to fulfil the nations aspiration to become an advanced economy.

MPC has taken several steps to accelerate economic recovery and assist industry players in rebuilding businesses.

It is clear that adding more lanes and highways doesn't work, because we are still attempting the same approach to solve the issue.

This investment includes efforts to upgrade INOKOM's existing assembly capacity to meet Hyundai's automotive needs.

'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.

The court denied bail and scheduled case mention on Feb 7 for the submission of forensic, autopsy, and chemist reports.

The classroom assessment approach offers a much more interesting learning ecosystem, says Fadhlina Sidek.

Google and Meta says the government should wait for the results of an age-verification trial before going ahead.

It represents a big legal victory for Donald Trump, who won the Nov. 5 US election and is set to return to office on Jan. 20.

Rescue services said the plane hit the ground, split into pieces and slid over 100 metres (110 yards).

The warm-up matches will involve matches against better ranked teams in the world, namely Austria (first) and Belgium (third).

The United States, part of the G7, has rejected the ICC decision, with President Joe Biden describing it as outrageous.