BNM Fines Three Banks RM7.29 Million for Breaches in Compliance and Tech Failures
Bank Negara Malaysia maintained the overnight policy rate (OPR) at 3.00%, unchanged since May 2023, aligning with the expectations of 24 out of 30 economists polled by Reuters. The central bank stated that the current OPR supports its inflation and growth outlook, with the Monetary Policy Committee (MPC) remaining vigilant to economic risks. Global growth and trade are expected to continue, driven by domestic demand, strong job markets, looser monetary policies, and government spending. However, uncertainties from new US tariffs, trade negotiations, and geopolitical tensions pose risks to global growth and could increase volatility in financial markets.
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Kerjaya Prospek Group’s subsidiary secured a RM52.5m subcontract for a 275kV consumer landing station, boosting…
MI Technovation raised its FY26-28F earnings forecast by 15-16%, expecting growth from improved operations and…
US slaps 12.5% tariff on Singapore exports, citing forced labour concerns; Singapore rejects claims, vows…
Sirena Superyachts has launched its flagship 42m vessel in Istanbul ahead of its world debut…
The World Bank supports Malaysia's digital government agenda to enhance efficiency and public service delivery…
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