Another OPR cut likely, say economists

KUALA LUMPUR (March 5): Economists are not discounting another cut in Bank Negara Malaysia’s (BNM) key interest rate down the road, amid the various internal and external headwinds from the COVID-19 outbreak to weak global trade.

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Three COVID-19 cases found at SJMC

KUALA LUMPUR (March 5): Ramsay Sime Darby Health Care (RSDH) says three COVID-19 cases were discovered at its Subang Jaya Medical Centre (SJMC) in Subang Jaya, Selangor.

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OPR down to 2.5% for first time in a decade

KUALA LUMPUR: As the COVID-19 outbreak continues to grow, Bank Negara Malaysia (BNM) yesterday announced another cut of 25 basis points (bps) in the overnight policy rate (OPR), marking the first time in 10 years that the rate has been reduced to 2.

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