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Business 07 May 2019 | 7:00 AM

Bank Negara lowers OPR by 25bps to 3%

KUALA LUMPUR: The Monetary Policy Committee (MPC) of Bank Negara Malaysia decided to reduce the Overnight Policy Rate (OPR) to 3% at its meeting on Tuesday.

Corporate News 24 Jan 2019 | 12:00 AM

UBS sees ringgit weakening this year, before recovering in 2020

PETALING JAYA: The ringgit could weaken to as much as 4.4 against the US dollar this year before recovering in 2020, predicts UBS Investment Bank.

Business 15 Aug 2016 | 12:00 AM

Indonesia mulls developing tax-haven areas to lure investment

JAKARTA: Indonesia is considering options for setting up tax-haven jurisdictions as it tries to lure back billions of dollars through its amnesty programme to fund infrastructure projects and finance the widening budget deficit, Coordinating Maritime Minister Luhut Panjaitan said yesterday.

Economy 19 Dec 2014 | 4:41 PM

Bank Negara likely to cut OPR in 2015, says UBS

KUALA LUMPUR: Bank Negara Malaysia is likely to cut its overnight policy rate (OPR) by 25 basis points in 2015, as the fall in the oil prices would cushion the pressure on inflation, according to UBS.

Business 14 Nov 2014 | 12:00 AM

RBI governor’s next big fight Rajan must convince India of inflation risk if it decides to slash rate

MUMBAI: Reserve Bank of India governor Raghuram Rajan may become a victim of his own success.

Business 05 Jul 2014 | 12:00 AM

Most economists expect OPR increase next week

ALL eyes are on Bank Negara, as the central bank is expected to announce by next Thursday whether Malaysia’s first interest-rate hike in two years will happen this month or later.

Economy 28 Jun 2014 | 12:00 AM

Unshackling the economy

THE Malaysian economic growth momentum should be sustained this year barring a slide in domestic consumer sentiment or a drop in external demand.

Economy 24 Jun 2014 | 12:00 AM

Malaysia's GDP revised upwards to 5.5% on increase in exports

PETALING JAYA: UBS Investment Bank has raised its forecast for Malaysia’s gross domestic product (GDP) growth this year to 5.5% from an earlier 5% projection, citing further expansion in exports.

Business 06 Dec 2013 | 12:00 AM

Malaysia GDP to grow 5% in 2014, says UBS

KUALA LUMPUR: Malaysia’s economy is projected to grow by 5% next year from an estimated 4.3% this year, said UBS Investment Bank.

Business 22 Aug 2013 | 9:09 AM

UBS predicts Malaysia’s 2013 GDP at below 5%

PETALING JAYA: Malaysia’s gross domestic product (GDP) is unlikely to surpass 5% in 2013, given the weaker 4.1% growth achieved in the first quarter of the year, according to UBS Investment Bank.