According to UBS, Bank Negara is likely to cut its overnight policy rate by 25 basis points in 2015, with lower oil prices cushioning the pressure on inflation.
KUALA LUMPUR: Twelve suspects including eight foreign nationals were arrested and more than RM18mil in cash and assets were seized in joint anti-money laundering raids by the authorities.
During the raid, eight foreigners were among the 12 suspects arrested and remanded while 23 individuals were questioned.
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