Penang: Local councils to reduce proposed assessment rates hike
PENANG (May 7): The state authorities here have decided to reduce the increase in the proposed assessment rates, Malaysiakini reported today.
RHB Bank lowers base rate by 50 basis points
KUALA LUMPUR (May 6): RHB Banking Group has revised its base rate (BR) and base lending rate (BLR) downwards by 50 basis points (bps) effective May 13, 2020, in line with a reduction in the overnight policy rate (OPR) by Bank Negara Malaysia (BNM).
Public Bank lowers base rate, base lending rate by 50bps
KUALA LUMPUR (May 6): Public Bank will reduce its base rate (BR) and base lending rate (BLR) by 50 basis points (bps), in line with Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) cut yesterday.
BNM cuts OPR by 50bps to 2% amid worldwide pandemic-induced economic disruptions
KUALA LUMPUR (May 5): Bank Negara Malaysia (BNM) has cut its overnight policy rate (OPR) by 50 basis points (bps) to 2%, a level last seen during the 2008-09 global financial crisis.
Bank Negara issues FAQ to answer queries on hire-purchase loans
KUALA LUMPUR (May 1): Bank Negara Malaysia has issued an FAQ to respond to the public’s queries on the six-month moratorium granted on Hire-Purchase loans and fixed rate Islamic financing.
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.
Health DG: Still too early to talk about MCO 'exit strategy'
KUALA LUMPUR (April 18): The National Security Council (NSC) has yet to determine the country's 'exit strategy' for the current nationwide Movement Control Order (MCO), according to Health director-general Datuk Dr Noor Hisham Abdullah.
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Health DG: COVID-19 infection rate in Malaysia still stable, no exponential spike so far
KUALA LUMPUR (March 30): The COVID-19 infection rate in Malaysia is still stable, seeing there has been no “exponential spike” in new cases so far compared to other countries, says Health Director-General Datuk Dr Noor Hisham Abdullah (pictured).
Health DG says most COVID-19 patients will recover
KUALA LUMPUR (March 26): Ministry of Health's director-general (DG) Datuk Dr Noor Hisham Abdullah is confident that most COVID-19 infected patients in the country will recover, given the mortality rate of the disease in Malaysia is considered low at 1.
PEHAM suggests further OPR cut if COVID-19 persists
PETALING JAYA: Another Overnight Policy Rate (OPR) cut could be carried out to prop up the domestic market and stimulate the property industry, said Persatuan Perunding Hartanah Muslim Malaysia (PEHAM) president Ishak Ismail.
