Foreign investment momentum not affected by OPR cut
Deputy Finance Minister Amiruddin Hamzah says Bank Negara’s OPR cut will not affect the momentum of foreign direct investment the country currently has. – The Malaysian Insight file pic, January 23, 2020.
THE foreign direct investment inflow momentum is expected to continue despite the cut in the overnight policy rate as investor confidence in Malaysia’s economy remains strong, said Deputy Finance Minister Amiruddin Hamzah. He said the economy’s intact fundamentals and competitiveness as well as the government’s prudent moves to ensure a good fiscal environment have also enhanced investor confidence.
Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bank Negara reduces OPR to 2.75% | The Malaysian InsightCeiling, floor rates of its corridor down to 3% and 2.5%, respectively.
Read more »
Keputusan BNM kurangkan OPR kejutkan pasaran, kata pakar | The Malaysian InsightKadar dasar semalaman (OPR) diturunkan sebanyak 25 mata asas kepada 2.75%.
Read more »
Ringgit shrugs off surprise OPR cutKUALA LUMPUR: Malaysia’s unexpected pre-emptive rate cut on Wednesday suggests that it should be done for now, and for 2020.
Read more »
BNM lowers OPR to 2.75%PETALING JAYA: Bank Negara Malaysia (BNM) has decided to lower the Overnight Policy Rate to 2.75% from 3% previously, following the meeting of its Mon...
Read more »
Bank Negara MPC cuts OPR by 25bp to 2.75%, banks under pressureKUALA LUMPUR: Bank Negara Malaysia's Monetary Policy Committee (MPC) reduced the Overnight Policy Rate (OPR) by 25 basis points to 2.75% -- lowest since 2011.
Read more »
CIMB to lower rates across the board after Bank Negara OPR cutKUALA LUMPUR (Bernama): CIMB Group has announced a 0.25% reduction in its rates across the board following Bank Negara Malaysia's (BNM) decision to cut the overnight policy rate (OPR) by 25 basis points to 2.75% from 3% today.
Read more »