25bps OPR cut likely in 2H20, says Manulife

KUALA LUMPUR (Jan 16): A 25-basis-point (bps) cut in Bank Negara Malaysia's (pictured) overnight policy rate (OPR) is likely to happen in the second half of 2020 (2H20), according to Manulife Investment Management (M) Bhd.

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BNM approves Bank Pembangunan-Danajamin merger talks

KUALA LUMPUR (Dec 23): Bank Pembangunan Malaysia Bhd (BPMB) and Danajamin Nasional Bhd have received Bank Negara Malaysia's (BNM) approval to commence negotiations under the first phase of the government's proposed merger involving the country's development financial institutions (DFIs).

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BNM Governor: Malaysia economic growth 'will remain positive' in 4Q

KUALA LUMPUR (Nov 15): Bank Negara Malaysia (BNM) Governor Datuk Nor Shamsiah Mohd Yunus said today Malaysia's economic growth will remain positive in the fourth quarter of 2019 (4Q19) and the expansion will be sustained into 2020, anchored by the country's private sector spending and diversified nature of its economy and exports.

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