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KUALA LUMPUR: Bank Negara Malaysia’s move to cut the Overnight Policy Rate (OPR) by 25 basis points will not have a significant impact as the economy is expected to contract this year.
THE World Health Organisation declared the outbreak of Covid-19 as a pandemic on March 11 2020. As at June 20, more than 8.6 million confirmed cases have been reported worldwide, while in Malaysia the number of infections was 8,535 with 8,070 recoveries.
KUALA LUMPUR: Maybank Investment Bank Research believes the current headwinds of potential demand weakness and tariff discounts are unlikely to have a material impact on Tenaga Nasional’s financials given the prevailing tariff framework.
PETALING JAYA: Shopping malls and owners of shophouses have been urged to give their tenants rental rebates from 30% to 50% for the next six months to help them ride out the effects of the Covid-19 coronavirus outbreak.
PETALING JAYA: The Malaysian economy could take a turn for the worse, economists warned as some anticipate growth to drop below the 4%-mark in the fourth quarter (Q4)of 2019.
KUALA LUMPUR: Analysts remain conservative on Malaysia’s economic growth this year, as renewed Middle East geopolitical tensions have eclipsed the US-China trade deal optimism.
A letter from Dr Rais Hussin, Parti Pribumi Bersatu Malaysia
PETALING JAYA: Retail Group Malaysia (RGM) is revising upwards its 2019 growth forecast for the country’s retail sales to 4.9% from 4.5% previously, following the better-than-expected growth rate in the first quarter and a pick-up in the second quarter.
KUALA LUMPUR: Malaysia's GDP growth of 4.5% in the first quarter of 2019 shows the economy has been holding up relatively well by regional standards, HSBC Global Research said.