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Global survey finds improvement in real estate market sentiments

According to the Savills Global Market Sentiment Survey, China held a ‘slightly positive’ sentiment, as the country saw some real estate activity resume after infection rates were brought under control. In the first half of April, the country’s retail and office leasing activities increased moderately. Meanwhile, South Korea and Vietnam, which have seen rapid falls in infection levels, were ‘neutral’.

The Edge sends 35 ventilators, more PPEs to Sabah, Sarawak

The Resmed Astral 150 ventilators and Philips Everflow oxygen concentrators were bought with money donated by Corporate Malaysia and individuals to The Edge Covid-19 Equipment Fund, which has raised RM14.41 million to date.

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.