Slower new sales expected from property sector
MIDF Amanah Investment Bank Bhd (MIDF Research) sees a tepid new sales outlook for property companies on weak consumer sentiment due to rising inflationary pressure.
BNM raises OPR by 25 bps to 2.25%
Bank Negara Malaysia (BNM) said on Wednesday (July 6) its Monetary Policy Committee (MPC) decided to increase the overnight policy rate (OPR) by 25 basis points (bps) to 2.25% as the unprecedented Covid-19-driven
MARC expects Malaysia’s inflation to peak at 4%, before easing in 4Q22
MARC Ratings Bhd predicts the country’s inflation to accelerate in the coming months, in tandem with Bank Negara Malaysia’s (BNM) view on rising inflation in the country.