Saturday 06 Jul 2024
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EVENING 5: BNM continues to hold OPR at 3%

 

Here’s a quick look at some of the stories that made headlines today.

Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.

1. Malaysia’s headline interest rate, the overnight policy rate, has been maintained at 3% following the Monetary Policy Committee meeting on Wednesday, said Bank Negara Malaysia. 

2. Aviation regulator Civil Aviation Authority of Malaysia has extended the suspension of MYAirline Sdn Bhd's air operator's certificate by three months until April 14.

3. IHH Healthcare Bhd’s unit, Pantai Medical Centre Sdn Bhd has inked an agreement with Pelaburan Hartanah Bhd for the development of a new medical block adjacent to the current Gleneagles Hospital Kuala Lumpur complex.

4. Sime Darby Property Bhd has signed a shareholders agreement with Lagenda Properties Bhd to set up Seed Homes Lagenda, a 50:50 joint venture to develop affordable housing. 

5. Betamek Bhd's net profit for the third quarter ended Dec 31, 2023 rose more than twofold on the back of higher revenue of RM59.22 million.

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