Page 5 - External Demand News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Commentary China released a series of May economic data; all are better than expected and some show improvement ...

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 note yesterday, Moody’s said the oil and gas industry is also expected to rebound after last year�...

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 its statement on Thursday, Bank Negara said while the re-imposition of containment measures would aff...