News about rate

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.

PETALING JAYA (Feb 11): A new report by researchers at the Imperial College London said the mortality rate from the coronavirus is an estimated 1%, Bloomberg reported yesterday.

KUALA LUMPUR (Jan 28): OCBC Bank (Malaysia) Bhd (OCBC Bank) and its subsidiary OCBC Al-Amin Bank Bhd will lower their respective base rate (BR), base lending rate (BLR) and base financing rate (BFR) by 0.

KUALA LUMPUR (Jan 23): The overnight policy rate (OPR) cut should potentially help put a lid on the declining business and consumer sentiments, according to AmBank Group chief economist and head of research Dr Anthony Dass.

KUALA LUMPUR (Jan 23): CIMB Bank Bhd, together with CIMB Islamic Bank Bhd, is lowering its base rate and fixed deposit rates by 25 basis points, in line with Bank Negara Malaysia's key interest rate cut yesterday.

KUALA LUMPUR (Jan 22): Bank Negara Malaysia's (BNM) Monetary Policy Committee (MPC) has reduced the overnight policy rate (OPR) to 2.

KUALA LUMPUR (Jan 18): MPHB Capital Bhd (MPHB) “seems to be on the last lap” of a long legal tussle with Johor and Petroliam Nasional Bhd (Petronas) over parcels of land in Pengerang that were acquired by the state government, The Edge Malaysia reported today.

PETALING JAYA: Pesat Bumi Sdn Bhd is planning another development at Pahang’s Genting Permai after successfully delivering its geo38 Residence in the same area in January 2019, six months ahead of schedule.

KUALA LUMPUR (Jan 10): Benalec Holdings Bhd has called off plans to sell the remaining five of seven plots of land in Pekan Klebang, Melaka, to Titanium Hallmark Sdn Bhd.

KUALA LUMPUR (Jan 9): “I need that agreement to be sorted out quickly, Your Highness.