Implication From China's Four Scissors
Commentary China released a series of May economic data; all are better than expected and some show improvement ...
Source: theepochtimes.com
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External electronics demand to spur economy
On Bank Negara’s decision to maintain the 1.75% overnight policy rate during its Monetary Policy Committee meeting, citing the rollout of vaccines globally as well as ongoing fiscal support, Moody’s said the decision was an expected outcome from the meeting. PETALING JAYA: The Malaysian economy is expected to be buoyed by external demand, particularly exports of electronic products to China and Singapore, amidst the global shortage of semiconductors, said Moody’s Investors Service. In a n...
Kuala Lumpur Malaysia General Bank Negara Moody Investors Service Monetary Policy Committee Klang Valley
Source: thestar.com.my
Bank Negara maintains OPR at 1.75%, growth to improve from 2Q
Bank Negara said looking ahead, growth was projected to improve from 2Q onwards, driven by the recovery in global demand, increased public and private sector expenditure amid continued support from policy measures and more targeted containment measures. KUALA LUMPUR: Bank Negara Malaysia maintained the overnight policy rate (OPR) of 1.75% at its monetary policy committee (MPC) meeting on Thursday as latest indicators point to improvements in external demand and continued consumer spending. In i...
Kuala Lumpur Bank Negara Bank Negara Malaysia Overnnight Policy Rate External Demand Consumer Spending
Source: thestar.com.my