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OPR poser ahead of MPC meeting
Economists divided on why central bank should maintain or cut rate
OCBC Bank expects BNM to cut OPR to 1.5%
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.
Fewer firms go belly up last year in spite of pandemic
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.
Singapore continues slow recovery from worst economic slump
SINGAPORE, Jan 4 (Bloomberg): Singapore’s economy continued its slow recovery from the worst slump in the country’s history, with mainstays such as trade and tourism hammered by the coronavirus pandemic.
Singapore GDP to continue decline in Q4
SINGAPORE: Singapore’s economic contraction is expected to have moderated in the fourth quarter, as the city-state lifted more coronavirus-related curbs due to a drop in local infections.
Singapore GDP to extend decline in 4Q, but less sharply
SINGAPORE: Singapore's economic contraction is expected to have moderated in the fourth quarter, as the city-state lifted more coronavirus-related curbs due to a drop in local infections.
No swift recovery in 2021, but Singapore job market on the mend
SINGAPORE (The Straits Times/ANN): Hopes for a better 2021 are aplenty, but recovery for the labour market is likely to be protracted, experts say.
Singapore factory output falls 0.9% in October, after surging for two months
SINGAPORE (The Straits Times/ANN): Singapore's manufacturing output dropped for the first time in three months in October, with only the biomedical and precision engineering clusters seeing growth.
Singapore economy to return to growth next year, forecast at 4% to 6%
SINGAPORE (The Straits Times/ANN): Singapore’s economic growth will rebound in 2021 by the most in a decade, helped by a low base, but gross domestic product will probably not return to pre-Covid-19 levels until the end of next year.
