OPR hikes affecting operations, say SMEs

BANK Negara Malaysia’s (BNM) latest 25-basis-point increase in the overnight policy rate (OPR) to 2.75% could have just stumped the country’s economic recovery as small and medium businesses are finding it increasingly difficult to operate, industry captains said. 

The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) small and medium…