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Bank Negara Malaysia (BNM) on Wednesday (July 6) raised its overnight policy rate (OPR) by 25 basis points (bps) to 2.25%. This is the second successive rate hike this year. The decision was widely expected by 17 out of 19 economists surveyed by Bloomberg, including us. We expect BNM to make another 25bps hike in its Monetary Policy Committee meeting in September, and stand pat in the November meeting, ending the year with an OPR of 2.50%. For next year, we price in 50bps in rate hikes, putting the end-2023 OPR at 3.0%. ....
KUALA LUMPUR: The myStarjob Fair 2022 to be held at Pavilion Bukit Jalil Exhibition Centre on June 25 and 26 will showcase 31 companies offering jobseekers various types of career opportunities. ....
KUALA LUMPUR: The Export Excellence Awards, now in its third edition, was launched today to recognise the excellence of Malaysian exporters and acknowledge their contributions to the economy. ....
Digital bank bidders rose on Friday morning (April 29) as Bank Negara Malaysia (BNM) is set to announce the winners on the same day. AEON Credit Service (M) Bhd rose the most, surging 76 sen or 4.87% to RM16.36. ....
PETALING JAYA: Winners of the Star Outstanding Business Awards (SOBA) 2021 were recognised as the creme de la creme of the local non-listed business community at the SOBA 2021 Gala Night. ....