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WITH cities having high population density, the high-rise buildings in Malaysia are not only required for office and residential use.
KUALA LUMPUR: The ringgit opened higher against the US dollar for the third consecutive day, taking advantage of the drifting greenback and the oil market rally.
KUALA LUMPUR: Economists believe the door is open for Bank Negara to consider a rate cut this year despite the central bank keeping the overnight policy rate (OPR) at 1.75%.
KUALA LUMPUR: Late selling pressure on selected FBM KLCI stocks including Petronas Dagangan pushed the index into the red on Wednesday while the breadth of the broader market was slightly better.
KUALA LUMPUR: Bank Negara Malaysia has extended the flexibility for banking institutions to use MGS and MGII to meet the Statutory Reserve Requirement (SRR) until Dec 31,2022.
KUALA LUMPUR: Bank Negara Malaysia’s Monetary Policy Committee (MPC) kept the Overnight Policy Rate (OPR) unchanged at 1.75% during its meeting on Wednesday.
KUALA LUMPUR: HPP Holdings, which made its debut on the ACE Market, was in focus on Wednesday while Supermax saw firmer buying interest and helped to underpin the FBM KLCI’s early advance.
Economists divided on why central bank should maintain or cut rate