BNM raises OPR by another 25 bps to 2.25%
The monetary policy committee (MPC) of Bank Negara Malaysia announced today that it has raised the overnight policy rate (OPR) by 25 basis points, raising it to 2.25%. This came amid rising food and energy prices. “The ceiling and floor rates of the corridor of the OPR are correspondingly increased ... Read More
BNM to keep interest rates at record low
Bank Negara Malaysia has decided to maintain the Overnight Policy Rate (OPR) at 1.75 per cent, after concluding its Monetary Policy Committee (MPC) meeting today. In a statement today, the MPC considered the stance of monetary policy to be "appropriate and accommodative". It added that fiscal and financial measures would ... Read More
Bank Negara Malaysia maintains OPR at 1.75%
At its meeting today, the Monetary Policy Committee (MPC) of Bank Negara Malaysia decided to maintain the Overnight Policy Rate (OPR) at 1.75 percent. The global economic recovery has strengthened further, supported by improvements in manufacturing and services activity. The pace of recovery, however, varies across countries. Economies making better ... Read More
NRP increase chances for BNM to cut interest rate
The Covid-19 pandemic and tightening restrictions under the National Recovery Plan (NRP) could see an increasing chance for Bank Negara to cut the overnight policy rate (OPR) by 25 basis points at its July 8 meeting. Wellian Wiranto, (pic) economist, global treasury – research and strategy at OCBC Bank, said ... Read More
Weekly Newsletter
Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- @Minion FYI. Low cost house is best investment in Penang as highest appreciation in subsale....Ashraf on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @Minion Then you are wrong. I stay in the Cove Tanjung Bunga. That's why I...AG Zen on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- Penang infrastructure already is a mess, why won't they settle it first rather keep expending...MajorArches on Penang unveils IC design park plan in Bayan Lepas
- Ashraf : @Ashraf I’m Abdul Ashraf. I’m not pretending of you. You have photo...Minion on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- The facility very bad like 2 star hotel and the developer wont to fix the...Thom on Marminton Homes
- @babyfong From his logic, the most ideal location is same building as his office, just...Islander on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @Krie Surely there is a sweet point of acceptance between jam and distance, just giga-big...Islander on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @Krie I agree with you, 15min is better. But when so many rather jam 1-2hour...Islander on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @WC Ong I think you misunderstood me on the case of "not speculator" & "owner...babyfong on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- Lol...After The Muze, now The Senze with 1,6k units small studio type with 1 Car...MajorArches on Senze @ PICC
SHOW MORE COMMENTS
Latest Property News
OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams