OPR
BNM maintains OPR at 2.75%, says policy stance remains supportive of growth
Bank Negara Malaysia (BNM) has maintained the Overnight Policy Rate (OPR) at 2.75%, following its latest Monetary Policy Committee (MPC) meeting held today. The central bank said the current monetary policy stance remains appropriate and supportive of sustainable economic growth amid stable price conditions. BNM noted that global growth continues ... Read More
Bank Negara cuts OPR to 2.75% in pre-emptive move to safeguard growth
Bank Negara Malaysia (BNM) has reduced the Overnight Policy Rate (OPR) by 25 basis points to 2.75%, marking its first rate cut in over a year. The central bank said the move is a proactive measure to support the country’s economic growth amid external uncertainties and moderate inflation. Following the ... Read More
BNM maintains OPR at 3% amid positive economic outlook
In its latest Monetary Policy Committee (MPC) meeting, Bank Negara Malaysia (BNM) announced its decision to maintain the Overnight Policy Rate (OPR) at 3%. This move aligns with the central bank’s goal of fostering sustainable economic growth while maintaining price stability. The global economy showed stronger-than-anticipated growth in 2024, driven ... Read More
BNM maintains OPR at 3%
At its meeting today, Bank Negara Malaysia's Monetary Policy Committee (MPC) announced its decision to maintain the Overnight Policy Rate (OPR) at 3.00 percent. This decision comes amidst a backdrop of a moderately expanding global economy supported by domestic demand and improving trade activity. Globally, economic expansion persists, driven by ... Read More
BNM keeps OPR at 3%
In its recent meeting, the Monetary Policy Committee (MPC) of Bank Negara Malaysia announced the decision to maintain the Overnight Policy Rate (OPR) at 3%. The move is in line with the current assessment of the global and domestic economic landscape. Globally, the economy continues to expand, driven by robust ... Read More
BNM keeps OPR at 3%
Bank Negara Malaysia (BNM) has maintained the overnight policy rate (OPR) at 3% despite the ringgit plunging to a 25-year low against the US dollar. The decision was announced today following the central bank’s two-day monetary policy committee (MPC) meeting. In a press statement, BNM said that maintaining the OPR ... Read More
BNM raises OPR to 3% in surprise move
Bank Negara Malaysia (BNM) unexpectedly raised its benchmark interest rate on Wednesday, citing a need to normalise monetary accommodation as the economy was resilient and it needed to manage persistent inflation. The overnight policy rate was raised by 25 basis points to 3 percent. A Reuters poll of 25 economists ... Read More
BNM seen maintaining OPR at 2.75% for rest of 2023
Malaysia's central bank will keep its key interest rate unchanged at 2.75% for a third consecutive meeting next Wednesday (May 3) and for the rest of this year and next as inflation has cooled faster than expected, a Reuters poll of economists found. After reaching a peak of 4.7% in ... Read More
The effect of OPR on the housing market
Will Bank Negara Malaysia (BNM) keep its overnight policy rate (OPR) at its current level for a longer period? The recent pause in rate hikes by the central bank bodes well for overall housing demand, particularly for affordable to mid-range properties where purchasers are more interest-rate sensitive. According to a ... Read More
BNM maintains OPR at 2.75%
The Monetary Policy Committee of Bank Negara Malaysia kept the Overnight Policy Rate (OPR) at 2.75 percent. Despite positive developments such as the reopening of China's economy and better-than-expected growth in major economies, the global economy continues to be affected by elevated cost pressures and higher interest rates. Some central ... Read More
Weekly Newsletter
Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- @Ryu not bad but penang world city is a better option ...LL on Upcoming waterfront serviced apartment by E&O on Andaman Island
- @Cammy You need to check the master plan. E&O now focusing to build those highend...Ryu on Upcoming waterfront serviced apartment by E&O on Andaman Island
- @Ryu where is the affordable house will be located in andaman? ...Cammy on Upcoming waterfront serviced apartment by E&O on Andaman Island
- 666 : @Ah Kang tolong la tolong x 2 ...Minion on Mezzo @ The Light City
- @666 Now you asking for help? If you never go in you couldn't judge anything...Ah Kang on Mezzo @ The Light City
- @Ah Kang tolong la ...666 on Mezzo @ The Light City
- Our Penang Island is now having many high rise condominiums. I wonder how advance are...Xulih on Upcoming waterfront serviced apartment by E&O on Andaman Island
- @TuaSeKang Muze is the best after I visited so many project. World class facilities ...Ah Kang on Mezzo @ The Light City
- Oh yes ...OngKokSu on Embun Hills: Live Green In Bukit Mertajam’s First Sustainable Township
- Pls send the detail price for house at SG bakap, Valdor ...Lee chiu ling on Taman Gamelan Ria – Phase 2
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
