Friday 29 Mar 2024
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EVENING 5: BNM maintains OPR amid recovery

Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.

1. Bank Negara keeps the overnight policy rate at 1.75%, citing continued improvement in the global economy.

2. The FBM KLCI slips 0.44%, dragged by the continued sell-off in glove makers and Bank Negara’s decision to maintain the OPR.

3. The widely debated vacancy tax on unsold high-end properties isn’t likely to be imposed next year.

4. Former 1MDB CEO Mohd Hazem Abdul Rahman will take the stand in the 1MDB-Tanore trial next Monday.

5. Ex-banker Roger Ng wants the charges against him reviewed after Malaysia dropped charges against Goldman Sachs.

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