vimarsana.com

Page 2 - மேபேங்க் முதலீடு வங்கி ப்ட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Bank Negara expected to hold key rate at 1 75pc until year-end, say analysts | Money

Friday, 09 Jul 2021 12:37 PM MYT The logo of Bank Negara Malaysia is seen at its headquarters in Kuala Lumpur March 12, 2019. Picture by Yusof Mat Isa Follow us on Instagram and subscribe to our Telegram channel for the latest updates. KUALA LUMPUR, July 9 Bank Negara Malaysia (BNM) is anticipated to maintain the current Overnight Policy Rate (OPR) of 1.75 per cent until year-end after the Monetary Policy Committee (MPC) meeting yesterday stayed put on the rate, analysts said.  CGS-CIMB Securities said the central bank kept the benchmark rate unchanged for the sixth straight meeting, in line with its expectation alongside 19 of 21 economists surveyed by Bloomberg. 

Maybank says best is over for glove sector as ASP peaks

KUALA LUMPUR (July 2): Maybank Investment Bank Bhd (Maybank IB) said today the best is over for the Malaysian rubber glove manufacturing sector as average selling prices (ASPs) had peaked in the first half of 2021 (1H21) amid moderating demand for gloves on rising Covid-19 vaccination rates. Maybank IB analyst Wong Wei Sum wrote in a note today that the glove sector’s earnings upcycle seems to have been cut short in anticipation of a faster-than-expected decline in glove ASPs in 2H21. The glove sector is entering a phase of declining ASP (and hence profit) trend on increased supply and rising vaccination rates. Competition is intensifying among both existing and new entrants. 

Amirul Feisal appointed Khazanah MD

Datuk Amirul Feisal Wan Zahir has been appointed as managing director of Khazanah Nasional. Prior to that, he was Maybank s chief financial officer. KUALA LUMPUR: Datuk Amirul Feisal Wan Zahir has been appointed as managing director of Khazanah Nasional Bhd with effect from July 16. The sovereign wealth fund said on Tuesday he takes over from Datuk Shahril Ridzuan who will be departing to pursue his personal interests upon the expiry of his contract with Khazanah. “The board of directors would like to welcome Amirul and is confident that with his expertise and experience, Khazanah will progress further in delivering on its mandate.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.