News about rate

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).

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.

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.

KUALA LUMPUR (March 6): CIMB Bank Bhd and CIMB Islamic Bank Bhd are reducing their base rate and fixed deposit rate/fixed return income account-i board rates by 25 basis points, in line with the overnight policy rate cut announced by Bank Negara Malaysia on Tuesday.

KUALA LUMPUR (March 4): RHB Banking Group is revising its base rate (BR) and base lending rate (BLR) downward by 25 basis points, in line with the reduction of the overnight policy rate as announced by Bank Negara Malaysia on Tuesday.

KUALA LUMPUR (March 4): Public Bank will reduce its base rate (BR) and base lending rate (BLR) / base financing rate (BFR) by 0.

SINGAPORE (Feb 28): Residential rents in Singapore rose to a three-year high in 2019, with prices boosted by strong overseas demand that signals the city state’s continuing appeal among expatriates, Bloomberg reported today.

KUALA LUMPUR (Feb 27): The Minority Shareholder Watchdog Group (MSWG) has identified some concerns among the minority shareholders of TA Global Bhd with regard to the company's corporates exercises.

KUALA LUMPUR (Feb 18): Genting Bhd's 52.

KUALA LUMPUR (Feb 12): OCBC Bank Research is expecting Malaysia to cut interest rate further this March, after a recent one in January, following lower-than-expected GDP growth during the fourth quarter of last year (4Q19), that could slow further this quarter (1Q2020), due to the 2019 novel coronavirus (COVID-19) outbreak.