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Malaysia: Another OPR hike likely

PETALING JAYA: The market is convinced that Bank Negara will raise its overnight policy rate (OPR) again tomorrow, although some economists questioned the need for a hike amid rising recessionary risks. A poll by Reuters found that 25 out of 27 economists surveyed predicted Bank Negara would hike its OPR by 25 basis points (bps) […]

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Malaysia’s manufacturing sector loses momentum in October

PETALING JAYA: The Malaysian manufacturing sector registered a further loss of momentum during October. The seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index (PMI) slipped to 48.7 in October from 49.1 in September. The latest reading was indicative of a slight moderation in the health of the sector but one that was the strongest […]

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