◉ HEADLINES

overnight policy rate

Ringgit rebounds after OPR announcement

At 6pm, the ringgit appreciated to 4.7485/7525 against the greenback from yesterday’s close of 4.7695/7735. 

Economists argue against rate hike due to slow GDP growth

Economists have expressed no surprise over Bank Negara Malaysia’s decision to maintain the overnight policy rate at 3.0%.

[UPDATED] BNM maintains OPR at 3.0%

Bank Negara Malaysia’s Monetary Policy Committee announced a status quo on interest rates after deciding to maintain the overnight policy rate at 3.0%.

◉ Popular

Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

InDrive faces termination for flouting guidelines

It is the second Russian e-hailing app after Maxim to face ban by Land Public Transport Agency

Cleared for layoffs? AirAsia to retrench 20% of workforce in major cost-cutting move

This allegedly involves cabin services, cargo and logistics, engineering and maintenance, as well as the commercial division, according to Scoop’s source

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