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Economists divided on why central bank should maintain or cut rate
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.
PETALING JAYA: From BPN 2.0 payments to BitCoin plunges, check out The Star's top stories from Jan 11 to Jan 17,2021.
THE week opens with Bank Negara’s decision on the overnight policy rate (OPR). The monetary policy committee (MPC) of Bank Negara is expected to meet on Wednesday.
THE pandemic dealt a fatal blow to many businesses last year yet the overall number of firms that went belly up defied expectations to fall to its lowest level in five years.
BENGALURU: South Korea and Thailand led Asia's emerging stock markets lower on Friday, as investors looked to the implementation of the $1.9 trillion of U.S. fiscal stimulus, while Taiwan's dollar advanced even as the central bank tried to rein it in.