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Banking

Cheaper loans

PETALING JAYA: Bank Negara has gone full-throttle to accelerate Malaysia’s economic recovery after it slashed the benchmark interest rate to 1.75%, an all-time-low since the central bank adopted the overnight policy rate (OPR) framework in 2004

World

In fume-choked Kochi, a solar rickshaw glides to the rescue

KOCHI, India (Thomson Reuters Foundation) - The inventor of an innovative solar chick incubator, solar milking machine and solar-powered boat now has his newest item rolling onto the streets in this southern Indian city: A solar rickshaw taxi.

Nation

Lower OPR a property boon

KUALA LUMPUR: A lower overnight policy rate (OPR) is helping to raise the tempo for property buyers in the country, according to developers and those in the property business.