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FROM Dr Rais Hussin is the chairman of Malaysia Digital Economy Corporation (MDEC)
KUALA LUMPUR: Bank Negara Malaysia's decision to retain the overnight policy rate (OPR) at 1.75% during its monetary policy committee (MPC) meeting on Thursday is positive for banks, CGS-CIMB Equities Research says.
PETALING JAYA: Banks are not likely to suffer a further hammering in earnings with Bank Negara expected to maintain its current key benchmark interest rate at 1.75% at its Monetary Policy Committee (MPC) meeting tomorrow.
JAKARTA, Sept. 8 (Xinhua): The consumer confidence index in Indonesia ticked up in August after the appearance of signals that the economy would pick up.
KUALA LUMPUR: Maybank Investment Bank Research projects banks' net profit to rebound 12% after contracting 20% in 2020 while it stays neutral on the sector and prefers mid-cap stocks for exposure.
THE ringgit exchange rate against the US dollar strengthened to its highest level since February this year, boosted by improving local economic data and the greenback weakness.