KUALA LUMPUR (Aug 8): There is a possibility that Bank Negara Malaysia (BNM) may opt for another rate cut by year-end after a 25 basis point cut in May, given the heightened prospect of a slower global economy, said Kenanga Investment Bank.
KUALA LUMPUR (Aug 7): Bank Negara Malaysia (BNM) may cut its key interest rate in the next three to six months, partly because the world economy has worsened, following the escalating United States (US)-China trade dispute, said CIMB Group chief economist Dr Donald Hanna.
KUALA LUMPUR (Aug 5): Further escalation on trade tensions between the US and China could prompt Bank Negara Malaysia (BNM) to cut interest rates again as early as November — bringing them down to levels not seen since March 2011 — to mitigate any impact on domestic growth, said Hong Leong Investment Bank (HLIB).
KUALA LUMPUR (Aug 3): A further reduction in interest rate by the US Federal Reserve in the second half of the year (2H2019) will provide more room for Bank Negara Malaysia (BNM) to adjust the overnight policy rate (OPR) downward again, says Malaysian Rating Corp Bhd (MARC).
KUALA LUMPUR (Aug 3): Eight premises related to Magmatrans (M) Sdn Bhd, Vonstar Resources Sdn Bhd and Vonstar Sdn Bhd in the Klang Valley and Penang were raided during a joint operation involving Bank Negara Malaysia (BNM), the Royal Malaysia Police and the Immigration Department Malaysia yesterday.
KUALA LUMPUR (July 10): Bank Negara Malaysia's (BNM) decision to keep the Overnight Policy Rate (OPR) unchanged at 3% is not a surprise move as it has been widely anticipated and the rate will remain at that level until year-end, experts say.
KUALA LUMPUR (May 27): AmBank Research maintains its full-year inflation target at one per cent and believes Bank Negara Malaysia (BNM) would keep its rates unchanged after instituting one cut in early May.