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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Durians in Penang markets during MCO

GEORGE TOWN (April 22): This durian season in Penang will be different from before, with roadside durian stalls barred during the movement control order (MCO), the Malay Mail reported today.

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