Inflation bite seen less painful in 2023; 50 bps OPR hike still likely
Economists believe the government is unlikely to slash subsidies abruptly in Malaysia, especially those regarding electricity and petrol.
London’s first art’otel to open at Battersea Power Station this year
PETALING JAYA (June 15): The first art’otel at the London Battersea Power Station in the UK will open its doors later this year, with the interior images of the hotel unveiled on June 14.
BNM unlikely to cut OPR further in 2021 — Affin Hwang
KUALA LUMPUR (Feb 4): Bank Negara Malaysia (BNM) is unlikely to cut its overnight policy rate (OPR) any further from the current 1.
BNM rate cut hints of a higher vulnerability
KUALA LUMPUR (July 8): Bank Negara Malaysia (BNM) has cut the overnight policy rate (OPR) by 25 basis points (bps) to the lowest-ever level of 1.
BNM cuts OPR by 25bps to record low of 1.75%
KUALA LUMPUR (July 7): Bank Negara Malaysia (BNM) cut its overnight policy rate (OPR) by 25 basis points (bps) today to a record low of 1.
Standard Chartered expects BNM to cut OPR by 50bps tomorrow
KUALA LUMPUR (May 4): Standard Chartered (StanChart) (pictured) expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by 50 basis points (50bps) to 2% tomorrow.
To be a place people never tire of
The Battersea Power Station (BPS) construction site in London is constantly busy as ongoing works are in full swing to restore the facade of the 86-year-old edifice while adding new development elements that will turn it into one of London’s newest town centre.
‘Brace for rate hikes next year’
KUALA LUMPUR (Nov 20): As the Malaysian economy put its foot on the gas pedal in the third quarter of the year, the strong growth has given the central bank more flexibility to adjust interest rates.
Property lending rule from 1997 is still relevant, says Bank Negara
KUALA LUMPUR (Oct 4): Investment banks (IB) should not take a short-term view on a property lending guideline, introduced in 1997, as it is still relevant today, said Bank Negara Malaysia.
