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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Indonesian politician incarcerates lockdown violators in 'haunted houses'

KUALA LUMPUR (April 22): An Indonesian politician who has become so angry with people going against lockdown regulations in his country that she has proposed locking them in a “haunted house”, AFP reported yesterday Sragen regency head Kusdinar Untung Yuni Sukowati has announced such a policy following the influx of people to the area under her charge after lockdowns in Jakarta and other major Javanese cities.

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