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KUALA LUMPUR: Malaysia's central bank is expected to cut key interest rates to historic lows on Wednesday, according to a Reuters poll, after surging coronavirus infections led the government to impose fresh lockdowns, further curbing economic activity.
KUALA LUMPUR: OCBC Bank is expecting Bank Negara Malaysia (BNM) to turn more downbeat on the Overnight Policy Rate (OPR), noting a heightened chance of a rate cut of down to 1.5 per cent from the current 1.75 per cent in the upcoming meeting this Wednesday due to recent events.
KUALA LUMPUR: Bursa Malaysia opened the week lower, led by a fall in bank stocks as speculation over a further interest rate cut by Bank Negara weighed on sentiment in the sector.
PETALING JAYA: The Prime Minister has agreed to form a Health and Scientific Covid-19 advisory group, which will advise the government on matters related to the pandemic management.
KUALA LUMPUR, Jan 16 (Bernama): Trading on Bursa Malaysia is expected to be cautious ahead of Bank Negara Malaysia's (BNM) Overnight Policy Rate (OPR) announcement on Wednesday.
KUALA LUMPUR, Jan 16 (Bernama): The ringgit may test the psychological level of 4.00 against the US dollar next week amid anticipation that Bank Negara Malaysia (BNM) would maintain the Overnight Policy Rate (OPR) at 1.75 per cent at its meeting on Wednesday.
KUALA LUMPUR: Nor Zahidi Alias has been appointed as an external member of Bank Negara Malaysia’s Monetary Policy Committee (MPC) for a two-year term, effective Jan 1.
PETALING JAYA: The general election will be held once the country is out of the woods from the Covid-19 pandemic, the Prime Minister has given his commitment.
KUALA LUMPUR: The government will continue to roll out the measures in Budget 2021 to firmly place Malaysia on its recovery path in 2021, Tengku Datuk Seri Zafrul Abdul Aziz says.
KUALA LUMPUR: CGS-CIMB Equities Research estimates the daily economic losses due to the second round of Malaysia’s Movement Control Order (MCO), which takes effect from Jan 13 to 26, at RM750mil.