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

KUALA LUMPUR (April 23): CGS-CIMB Securities Sdn Bhd said yesterday it expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by another 75 basis points (bps) in anticipation of a contraction in the country’s economy in 2020 and subdued inflation during the year.

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Minetech Resources wins civil contract in Perak’s Hulu Grik

KUALA LUMPUR (April 22): Minetech Resources Bhd's wholly-owned subsidiary Minetech Construction Sdn Bhd (MCSB) has received a letter of intent from Bumimaju MTE Engineering Sdn Bhd to appoint MCSB as a contractor to undertake a civil works project In a Bursa filing today, Minetech Resources said the civil works project is related to a pipeline laying project at Hulu Grik in Perak.

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