PETALING JAYA: If the 24% reciprocal tariff by the United States on Malaysia were to take effect in the near term, this will raise the chances of Bank Negara revising the benchmark lending rate – the overnight policy rate (OPR). Most experts, however, said the central bank is unlikely to lower the rates solely on tariffs...
KOTA KINABALU: A total of 3,000 Rumah Mesra SMJ units will be built this year to provide housing for hardcore poor families, says Chief Minister Datuk Seri Hajiji Noor. "This housing initiative also includes employment opportunities for heads of households from the hardcore poor category, a programme that began two years ago," he said. He added that...
SHANGHAI: Prime Minister Datuk Seri Anwar Ibrahim begins the third day of his working visit here with a dialogue session with Chinese investors organised by Khazanah Nasional Bhd. Among the investors are Chengwei Capital and NRL Capital, according to Sinar Harian. Anwar is expected to meet several companies and hold a roundtable session with 23 industry leaders here...
KUALA LUMPUR: Malaysia is expected to maintain its economic growth forecast of 4.8% this year, mainly driven by consumer spending, according to Standard Chartered Bank Malaysia Bhd (StanChart). "We see consumer spending moderating as labour-market conditions soften but expect it to remain the primary driver," said StanChart economist Jonathan Koh and chief economist Edward Lee in...
JOHOR BARU: The framework for the Johor-Singapore Special Economic Zone (JS-SEZ) is currently in the final phase of discussions and is expected to be finalised in September, says Datuk Onn Hafiz Ghazi. The Johor Mentri Besar expressed his gratitude to all the ministries and agencies involved in developing the JS-SEZ. "Armed with confidence in Johor's strong geographical...
