Bank Negara cuts OPR by 25bps for the first time since 2009 - The Edge Markets MY

KUALA LUMPUR (July 13): Bank Negara Malaysia (BNM) has cut its key interest rate to 3% from 3.25% presently, the first cut since February 2009. The last time the overnight policy rate (OPR) was reduced was in response to the 2008–09 global financial ...

Rate reduction to lift market confidence - Sin Chew Jit Poh

The lower interest rates will help reduce the loan burden of businesses, allowing them to have some breathing space to fine tune their business development strategies. Translated by DOMINIC LOH Sin Chew Daily. Bank Negara's sudden announcement of ...

Malaysian rubber industry to benefit from OPR cut - New Straits Times Online

(File pix) The local rubber industry is expected to benefit from the recent Overnight Policy Rate (OPR) cut as it will also bring down borrowing rates for companies. Pix by Yahya Zainuddin. By Farah Adilla - July 15, 2016 @ 2:04pm. KUALA LUMPUR: The ...

Spending for growth - New Straits Times Online

PRAGMATIC economics is going to keep Malaysia afloat and growing in an increasingly unfriendly global environment, where the country's trading partners are, for the time being, not as robust. Depending on domestic consumption to drive the economy, ...

Ringgit's rise despite OPR cut reflects investor confidence in economy - The Sun Daily

PETALING JAYA: The strengthening of the ringgit despite the surprise cut in the Overnight Policy Rate (OPR) on Wednesday reflects investors' confidence in Malaysia's economic outlook, according to analysts. The ringgit strengthened 0.5% to 3.9465 ...