Prime Minister Datuk Seri Anwar Ibrahim described his recent official visit to China as an extraordinary success and attributed it to cross-ministerial cooperation and team spirit among civil servants.
Datuk Seri Anwar Ibrahim has officially been appointed as Malaysia’s 10th prime minister.
Malaysians are bracing for higher borrowing costs after Bank Negara Malaysia increases its Overnight Policy Rate (OPR) by 25 basis points (bps) on 3rd Nov 2022. It was the fourth consecutive 25bps hike this year since May, with the latest one pushing the OPR to 2.75 per cent.
Bank Negara Malaysia’s monetary policy committee has cut the overnight policy rate (OPR) rate by 25 basis points to 1.75% as it expected the reduction to help speed the economic recovery.
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