Bank Negara holds OPR at 3pc, flags resilient growth outlook
KUALA LUMPUR, May 8 — Bank Negara Malaysia's (BNM) Monetary Policy Committee (MPC) has maintained the overnight policy rate (OPR) at 3.0 per cent.
BNM said the latest indicators point towards continued global growth and trade, supported by domestic demand and front-loading activities.
It also said the global growth outlook would remain supported by positive labour market conditions, less restrictive monetary policy and fiscal stimulus. — Bernama
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'We are aware of the objectives of the initiative and are committed to working with MCMC in a manner that upholds the highest standards of data governance,' it said. It noted that when the company does share the MPD, at no point will personally identifiable information be shared or processed. U Mobile remains committed to safeguarding customer privacy and ensuring full regulatory compliance in all aspects of data management, it added. Meanwhile, Telekom Malaysia Bhd (TM) also clarified that the MPD submitted to MCMC is fully anonymised and does not contain any personally identifiable information. Data submission is carried out under strict governance and security protocols, with full compliance to applicable company policies as well as national laws and regulatory requirements, it said in a statement. 'TM remains fully committed to safeguarding the safety and privacy of customer data with responsibility and integrity,' it noted. CelcomDigi Bhd said in a statement that it continues to work intently with MCMC to support the government's initiatives without compromising the integrity of customer data. 'When required, CelcomDigi will process requested data within our own secure environments and provide a limited sample on relevant fields comprising anonymised and aggregated output to the commission,' it said. YTL Communications Sdn Bhd also confirms compliance with MCMC's directive to submit mobile network usage records for the first quarter of 2025, in support of the government's recently approved mandate to use MPD for national statistics. 'In fulfilling this obligation, YTL Communications has taken rigorous steps to anonymise all data prior to submission. No personally identifiable information has been shared, and customer privacy remains our highest priority,' it noted in a statement. On June 6, MCMC clarified that its collection of MPD from mobile network operators (MNOs) does not involve the access, processing or disclosure of any personally identifiable information.
