<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Oct 16): Bank Negara Malaysia’s&nbsp;(BNM) decisions on the overnight policy rate (OPR) will continue to be&nbsp;driven by the country’s growth and inflation outlook, said Finance Minister II Datuk Seri Amir Hamzah Azizan.</p></div>

<div class=newsTextDataWrapInner><p>He said that the current OPR of 3% is conducive&nbsp;to supporting economic growth.</p></div>

<div class=newsTextDataWrapInner><p>“BNM’s point of view&nbsp;differs from other central banks, and is more dependent on our own&nbsp;circumstances.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“For now, Malaysia’s economy&nbsp;is currently in a favourable position, and price pressures remain under control,” he said in a written reply read by Deputy Works Minister Datuk Seri Ahmad Maslan&nbsp;in the Dewan Rakyat on Wednesday.</p></div>

<div class=newsTextDataWrapInner><p>He was replying to a supplementary question from&nbsp;Chong Zhemin (Pakatan Harapan-Kampar), who wanted to know if BNM will&nbsp;follow the US and UK central banks&nbsp;in lowering their monetary policy&nbsp;rates.</p></div>

<div class=newsTextDataWrapInner><p><em>For more&nbsp;Parliament&nbsp;stories, click&nbsp;<a data-saferedirecturl="https://www.google.com/url?q=https://theedgemalaysia.com/flash-categories/parliament&amp;source=gmail&amp;ust=1728621165427000&amp;usg=AOvVaw2E0DK1tIZXAQCN3FulWCh2" href="https://theedgemalaysia.com/flash-categories/parliament" target="_blank">here</a>.</em></p></div>

<div class=newsTextDataWrapInner><p><em>Read also:<br />
<a href="https://theedgemalaysia.com/node/730393" target="_blank">Govt reforms supporting ringgit's strength versus regional currencies, says Amir Hamzah</a></em></p></div>

<div class=newsTextDataWrapInner><p><em>Uploaded by Tham Yek Lee</em></p></div>


Bank Negara Malaysia’s (BNM) decisions on the overnight policy rate (OPR) will continue to be driven by the country’s growth and inflation outlook, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

He said that the current OPR of 3% is conducive to supporting economic growth.

BNM's OPR decisions will continue to be driven by country's growth and inflation outlook, says Amir Hamzah

China's factory activity expanded modestly for a second straight month in November, an official survey showed on Saturday, adding to a string of recent data suggesting a blitz of stimulus is finally trickling through the world's second-largest economy.

China November factory activity expands for second straight month

Much has been reported about the Sarawak government’s negotiations via Petroleum Sarawak Bhd (Petros) with Petroliam Nasional Bhd (Petronas) for the Bornean state’s rights to regulate the oil and gas (O&G) developments within its boundaries. Next door, however, information on Sabah’s progress has seemed scant by comparison, given that both states are on a similar quest.

Sabah’s O&G aspirations quietly brewing

Bank of Japan (BOJ) Governor Kazuo Ueda said the timing of the next interest rate hike was "approaching" as the economy was moving in line with the central bank's forecasts, the Nikkei newspaper reported, leaving open the chance of a December rate increase.

BOJ's Ueda says rate hike timing 'approaching' — report

US trade officials announced on Friday a new round of tariffs on solar panel imports from four Southeast Asian nations after American manufacturers complained that companies there are flooding the market with unfairly cheap goods.

US sets tariffs for solar panels from Southeast Asian nations

Global stock markets rallied on Friday, with Wall Street crowning November with its biggest monthly gain in a year on post-election growth hopes, while the dollar eased amid prospects for firmer rates in Japan and easing in Europe.

Stocks rally, dollar droops in abbreviated session

Oil prices edged lower on Friday and posted a weekly decline of more than 3%, pressured by easing concern over supply risks from the Israel-Hezbollah conflict and the prospect of increased supply in 2025 even as Opec+ is expected to extend output cuts.

Oil settles down as ease of supply risks drives weekly loss

The S&P 500 and Dow Jones Industrial Average notched record closing highs in a shortened Black Friday session, lifted by technology stocks such as Nvidia, while retail was in focus as the holiday shopping season kicked off.

S&P 500, Dow close at record highs on tech, retail in focus

The number of flood victims in eight affected states has continued to rise, while the situation in Perak remained unchanged. As of 8 pm Friday, the total number of evacuees taking shelter in temporary relief centres (PPS) stood at 106,505.

Flood evacuees total over 100,000 as Kelantan records highest number of victims

An investment vehicle linked to Berjaya Group’s Tan Sri Vincent Tan Chee Yioun has emerged as a substantial shareholder in Berjaya Food Bhd (KL:BJFOOD) with a 8.09% stake.

Vincent Tan-linked vehicle emerges as substantial shareholder in Berjaya Food with 8.09% stake

KUALA LUMPUR (Nov 29):  Here is a brief recap of some corporate announcements that made news on Friday.

Public Bank Bhd (KL:PBBANK), Malaysia’s third-largest bank by assets, posted a 12% increase in net profit to RM1.91 billion for the third quarter ended Sept 30, ...

Public Bank, RHB Bank, Padini, QL Resources, LBS Bina, IGB, AAX, Panasonic, Velesto Energy, Sapura Energy, Phamarniaga and Hextar Industries

<p>KUALA LUMPUR (Nov 29): &nbsp;Here is a brief recap of some corporate announcements that made news on Friday.</p>

<p><strong>Public Bank Bhd </strong>(KL:PBBANK), Malaysia’s third-largest bank by assets, posted a 12% increase in net profit to RM1.91 billion for the third quarter ended Sept 30, ...

<p>An investment vehicle linked to Berjaya Group’s Tan Sri Vincent Tan Chee Yioun has emerged as a substantial shareholder in Berjaya Food Bhd (KL:BJFOOD) with a 8.09% stake.</p>


<p>Syarikat Air Darul Aman Sdn Bhd (SADA) has temporarily ceased operations at seven of its water treatment plants (WTPs) after the water levels at their intake points reached a critical stage.</p>


Seven water treatment plants in Kedah forced to cease operations

<p>EG Industries Bhd (KL:EG) on Friday posted an over threefold jump in its July-September quarter net profit from the same period a year ago, driven by higher sales and better margins — particularly from 5G wireless access and photonic-related products.</p>


EG Industries upbeat on prospects as it kicks off FY2025 with record profit 

<p>Sarawak needs a high-quality workforce to support its mission to become Malaysia’s hub for the aerospace industry.</p>


Abang Jo: Sarawak needs quality workforce to support aerospace industry

<p>The S&amp;P 500 and Dow Jones Industrial Average notched record closing highs in a shortened Black Friday session, lifted by technology stocks such as Nvidia, while retail was in focus as the holiday shopping season kicked off.</p>


<p>Much has been reported about the Sarawak government’s negotiations via Petroleum Sarawak Bhd (Petros) with Petroliam Nasional Bhd (Petronas) for the Bornean state’s rights to regulate the oil and gas (O&amp;G) developments within its boundaries. Next door, however, information on Sabah’s progress has seemed scant by comparison, given that both states are on a similar quest.</p>


<p>Quality Care India Ltd, the Indian hospital chain backed by Blackstone Inc, agreed to combine with Aster DM Healthcare Ltd in an all-stock deal that will create one of India’s largest hospital chains.</p>


Blackstone deepens India push with US$5 bil hospital deal

<p>Bank of Japan (BOJ) Governor Kazuo Ueda said the timing of the next interest rate hike was "approaching" as the economy was moving in line with the central bank's forecasts, the <em>Nikkei </em>newspaper reported, leaving open the chance of a December rate increase.</p>


<p>China's factory activity expanded modestly for a second straight month in November, an official survey showed on Saturday, adding to a string of recent data suggesting a blitz of stimulus is finally trickling through the world's second-largest economy.</p>
