HSBC Global Research expects next OPR hike only in 1Q19

KUALA LUMPUR (April 27): Given a trend of subdued core inflation, Bank Negara Malaysia’s next interest rate hike will likely occur only in the first quarter of 2019 (1Q19), and the hiking cycle will be very gradual, according to a projection by HSBC Global Research.

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High-end condo sales expected to slow this year

PETALING JAYA (April 26): With the current freeze on new approvals for luxury residential properties, developers are focusing on launching more affordable units and clearing completed unsold stock, said property consultancies Edmund Tie & Co (SEA) Pte Ltd and Nawawi Tie Leung Property Consultants Sdn Bhd.

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AIIB considering financing KL-Singapore HSR

KUALA LUMPUR (April 19): The Asian Infrastructure Investment Bank (AIIB) has expressed its interest in financing the Kuala Lumpur-Singapore High Speed Rail (HSR), among other infrastructure projects in Malaysia, according to the Embassy of China.

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BizSmart Challenge 2018 turns to reality TV, with RM1m worth of prizes

KUALA LUMPUR (April 13): The annual BizSmart Challenge — Alliance Bank Malaysia Bhd’s flagship programme to nurture and grow small- and medium-sized enterprises (SMEs) — is back for its fifth year, and this time in the format of a reality TV show, with cash and media coverage prizes totalling RM1 million to be won.

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