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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Positive economic outlook, strengthening ringgit to attract more investors

PETALING JAYA (April 26): The positive economic outlook and re-covering ringgit will attract more investors who are currently taking a wait-and-see approach, in spite of the overall weak property market across various segments, said property consultancies Edmund Tie & Co (SEA) Pte Ltd and Nawawi Tie Leung Property Consultants Sdn Bhd.

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Retail sector to improve post-GE14

KUALA LUMPUR (April 26): The sluggish local retail market is expected to pick up after the nation’s 14th general election which will be held on May 9, said Malaysia Retailers Association (MRA) president Tan Sri William Cheng.

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