INDUSTRY NEWS (4 November 2021)
Fitch Solutions expects Bank Negara to hike OPR by 50bps in 2022 to rebuild policy buffers
Fitch Solutions, the research unit of Fitch Group, is expecting Bank Negara Malaysia to raise the overnight policy rate (OPR) by 50 basis points (bps) to 2.25% in 2022, from the 1.75% historical low it has kept it at since July 2020, in order to rebuild policy buffers.
8,852 houses allocated to military personnel
THE government will build 10,200 units of Rumah Keluarga Malaysia Angkatan Tentera (RKMAT) homes and police quarters across the country under the 12th Malaysia Plan (12MP)
PM to launch east coast portion of Pan Borneo Highway
On what will be his second visit to Sabah since becoming prime minister, Ismail Sabri Yaakob will launch the east coast packages of the Pan Borneo Highway in