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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Will Hari Raya holidays be deferred?

KUALA LUMPUR (April 21): The government “will look into the possibility of deferring” the Hari Raya Aidilfitri public holidays in light of the COVID-19 pandemic, The Star reported today.

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