CIMB Securities is expecting Bank Negara to lower the Overnight Police Rate in the second quarter of 2026 to aid the economy against expected slowdown in external demand. It noted that the economic outlook for 2026 remains positive, with resilient domestic demand and a firm labour market. This is also supported by unemployment rate of…
Petaling Jaya MP Lee Chean Chung cautioned the government that the Attorney General Chambers (AGC) decision to appeal the High Court verdict would risk undermining public confidence in Madani ideals. “Madani government stands for compassion, respect, and trust. The court’s decision reflects precisely these values, acknowledging the deep anguish of the victims’ families. “Conversely, the…
Kazakhstan will announce that it is joining the Abraham Accords on Thursday, a senior US administration official told AFP, in a largely symbolic move as the central Asian republic already has diplomatic ties with Israel. US special envoy Steve Witkoff said earlier that a new country would join the accords, under which four Arab nations…
The Human Resources Ministry has undertaken strategic measures to raise the participation of Indians in the high skilled job sectors via several initiatives. “The Human Resources Development Corporation (HRD Corp) has introduced the Malaysian Indian Skill Initiative (MISI) which is a targeted skills training programme to enhance the Indian community through career development and high…
As expected, Bank Negara Malaysia (BNM) opted to maintain the overnight policy rate (OPR) at 2.75% after concluding its monetary policy committee meeting today. BNM had lowered its rate from three percent at its previous policy review in July. It said that the current rate is appropriate and supportive of the economy amid price stability….
Pasir Mas MP Ahmad Fadhli Shaari was told to read more and understand the digital sovereignty issue in the recently signed Agreement on Reciprocal Trade (ART) with the US. Digital Minister Gobind Singh Deo reprimanded the opposition the lawmaker for giving an impression as if the government gave away its digital sovereignty. “I request Pasir…
Lim Guan Eng (PH-Bagan) has called upon the government to establish a special task force on tariff crisis since the US imposed reciprocal tariffs at 19% affected the micro, small, medium enterprise (MSME) sector that represented 39.5% of Malaysia’s gross domestic product (GDP). “I would like to propose the establishment of a Special Tariff Crisis…
Malaysia is poised to keep its benchmark interest rate unchanged today, with stable growth, benign inflation and a strengthening ringgit allowing the central bank to preserve policy ammunition. Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate at 2.75% when it announces its final monetary policy decision for the year, according to…
Opposition Leader Datuk Seri Hamzah Zainudin was coy when he was asked whether he would accept if he was given a chance to be the prime minister of Malaysia. “I am a reluctant politician but if you give me a task, I would do it,” said Hamzah on The Breakfast Grille on BFM89.9. Bersatu had…
CGS International Research revealed that Malaysia gained most tariff exemption from the US compared to its ASEAN counterparts. Over 60 per cent of Malaysia’s exports to the US now have zero-tariff status. Malaysia leads in tariff exemptions. Thailand and Vietnam come in second and third place respectively. “Post the Oct 26 tariff exemptions, our calculation…
