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BNM expected to cut OPR by another 75 basis points: CGS-CIMB

CGS-CIMB economists Michelle Chia and Lim Yee Ping wrote in a note that the nation’s monetary policy is likely to become more accommodative and CGS-CIMB expects BNM to reduce the OPR by 50bps this May, followed by a further 25bps cut in the second half of 2020.

IGB REIT says IQ income affected by MCO, sees grim outlook

In a filing with Bursa Malaysia, the REIT attributed the lower income to the rental support provided to tenants, and lower car park income, arising from the Covid-19 pandemic and Movement Control Order (MCO) since mid-March.

Platinum Victory offers Curbside Pick-up service at The Palette

Platinum Victory executive director Gan Yee Hin: As we are anticipating businesses and customers to continue practising social distancing and other safety precautions even after the current situation, we are taking the first steps to embrace this 'curbside pick-up' concept as a better or preferred alternative than in-store pick-ups.