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PETALING JAYA: Bank Negara is expected to keep the overnight rate policy (OPR) unchanged at 3% at its monetary policy committee meeting scheduled today as the domestic economy is still resilient enough to face external headwinds from the eurozone.
THE nominal gross national income per capita is expected to increase 6.2% to RM34,126 next year from RM32,144 in 2013 while in purchasing power parity terms, per capita income will grow to US$17,173 from US$16,743 to US$17,173 during the same period.
KUALA LUMPUR: The economy is on track for 4.5% to 5% expansion this year as domestic demand holds up and exports recover, predicting higher growth in 2014, Bank Negara Governor Tan Sri Dr Zeti Akhtar Aziz said.
PETALING JAYA: The latest move by the US Federal Reserve (Fed) to taper its bond purchases will slow down local bond issuance this year but will not significantly impact the bond market as a whole unless the reduction of bond purchases is aggressive.