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PUTRAJAYA: Keputusan Jawatankuasa Dasar Monetari (MPC) untuk menurunkan kadar dasar semalaman (OPR) bermatlamat mempercepatkan kadar pemulihan dan seterusnya merangsang ekonomi negara.

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Tuesday, 07 July 2020 15:49

BNM cuts OPR by 25 basis points to 1.75%

KUALA LUMPUR (July 7): Bank Negara Malaysia (BNM) said today its Monetary Policy Committee has decided to reduce the overnight policy rate (OPR) by 25 basis points to 1.75%. The central bank said the impact of the Covid-19 pandemic on the global economy is severe.

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KUALA LUMPUR (July 7): The government will focus on four “broad themes” in the upcoming Budget 2021 scheduled to be tabled on Nov 6, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

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KUALA LUMPUR: Perbadanan Pembangunan Teknologi Malaysia (MTDC) menawarkan pembiayaan khusus di bawah inisiatif National Technology & Innovation Sandbox (NTIS), yang diumumkan menerusi Pelan Jana Semula Ekonomi Negara (PENJANA).

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KUALA LUMPUR: Bank Negara Malaysia (BNM), Tabung Kewangan Dunia (IMF) dan Bank Dunia mengunjurkan Keluaran Dalam Negara Kasar (KDNK) Malaysia untuk tahun ini sekitar -3.8 peratus hingga 0.5 peratus.

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PUTRAJAYA,: The government's top priority during the Recovery Movement Control Order period is to ensure that the economy is back on the right track through the economic stimulus packages and assistance, according to Prime Minister Tan Sri Muhyiddin Yassin.

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KUALA LUMPUR: The Covid-19 pandemic is causing a deeper contraction to the Asian Pacific economies, said Apec Policy Support Unit.

A new updated report from the unit finds that the Asia-Pacific Economic Cooperation (APEC) region's economic growth was now expected to decline by 3.7 per cent in 2020, down from its initial forecast of a 2.7 per cent contraction in April, bringing the total output loss to a staggering US$ 2.9 trillion.

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KUALA LUMPUR: AirAsia Bhd' logistics arm, Teleport, is collaborating with the Federal Agricultural Marketing Authority (FAMA) to help local farmers selling fresh and frozen produce directly from the source.

The collaboration is through Teleport's e-commerce platform Ourshop.

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ALOR GAJAH: Young agropreneurs in the country should seize opportunities in the essential oil market which is seen to have great potential to grow, Agriculture and Food Industries Minister Datuk Seri Dr Ronald Kiandee said.

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KUALA LUMPUR, July 4 -- The 2021 Budget, to be tabled in Parliament on Nov 6, is designed to revitalise the economy as well as to restore investors and consumers’ confidence to drive the economy, says Finance Minister Tengku Datuk Seri Zafrul Aziz.

“The main focus will be to drive new sources of growth and future-proofing Malaysia, because 2021 will be the year where we want to sustain the growth that we hope to achieve in the third quarter and fourth quarter of this year.

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