Bank Negara Malaysia

Malaysia lowers policy rate by 25bps to 2.50%

The Monetary Policy Committee (MPC) of Bank Negara Malaysia reduced the Overnight Policy Rate (OPR) by 25 basis points to 2.50%. The MPC lowered the ceiling...

Southeast Asia virus cases rise further

The spread of coronavirus disease 2019 (Covid-19) showed no signs of stopping as new confirmed cases were reported globally. Indonesia on Monday recorded its first...

Muhyiddin Yassin sworn in as 8th PM

One week of political turmoil starting with former Prime Minister Dr Mahathir Mohamad’s resignation on February 24 has finally culminated in a decision from...

US-Asean Summit postponed over virus fears

A long-scheduled summit between the Association of Southeast Asian Nations (ASEAN) and the United States will no longer push through as planned. According to a...

Malaysia’s royals to discuss next PM

Malaysia's nine royal rulers are due to meet today (Friday) to discuss forming a government after Prime Minister Mahathir Mohamad announced his resignation this...

Malaysia PM resigns amid political wrangling

Malaysia’s Prime Minister Tun Dr Mahathir, also currently the world’s oldest PM, has resigned as of 1PM (Feb 24) today after 655 days in...

Grab to challenge $21 million fine in MY

Grab Holdings Inc has confirmed it is challenging Malaysia Competition Commission (MyCC)’s proposal to levy a US$21 million fine on the ride-hailing giant.  Grab, along with...

Malaysia GDP falls to new 10-year low

Malaysia saw economic growth fell to its lowest level in 10 years amid lower private consumption and external demand as a result of a...

Malaysia’s Q4 economic growth slowest in a decade

Malaysia’s economy expanded 3.6 percent in the fourth quarter from a year earlier—the slowest pace in a decade.  The slowdown is due to the lower output of...

Indonesia and Malaysia slam EU palm oil limits 

Indonesia and Malaysia, which account for around 85 per cent of global palm oil production, have accused the European Union of unfairly targeting the...

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