Positive outlook for growth on higher exports, wages

Quick Summary:

Bank Negara’s decision to maintain the overnight policy rate (OPR) at 3% following its final monetary policy committee (MPC) meeting came as no surprise.

On the ringgit’s outlook, TA Research said the pressure on Malaysia’s capital flows and ringgit valuation could potentially ease.

It shares the same view as TA Research that there may be limited indirect pass-through from the retargeting of RON95 subsidies.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: RinggitOutlook /Business/Business News FuelSubsidy OvernightPolicyRate Economy ExportGrowth InflationControl WageGrowth Budget2025 MalaysiaEconomy

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 00:00:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 349 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 23465026

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 37 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 2 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

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