KUALA LUMPUR — Malaysia’s central bank kept its benchmark interest rate unchanged for a third straight meeting to help bolster the currency as policymakers in emerging economies gird themselves for tighter US monetary policy. Bank Negara Malaysia held its key rate at 3 per cent, it said in a statement in Kuala Lumpur on Thursday […]
Read MoreKUALA LUMPUR (REUTERS) – Malaysia’s central bank kept its key rate unchanged at 3.00 per cent on Thursday as policy makers were cautious amid a fragile ringgit currency and uncertainty around United States policies under incoming president Donald Trump. All 11 economists polled by Reuters had expected BNM to hold its key rate steady, as […]
Read MoreKUALA LUMPUR – Malaysia’s central bank kept its key rate unchanged at 3% on Thursday as policy makers were cautious amid a fragile ringgit currency and uncertainty around US policies under incoming president Donald Trump. All 11 economists polled by Reuters had expected BNM to hold its key rate steady, as a cut to follow […]
Read MorePUTRAJAYA: The country’s commodities, particularly palm oil, are expected to enjoy higher prices in 2017, with the increase in export revenue set to reach up to 8%. Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong said the average price of crude palm oil (CPO) for this year would range between RM2,700 and RM2,800 […]
Read MoreLYCAMOBILE AND ENABLING ASIA TECH IN APPROACHES TO STATE FIRM BRITISH COMPANY Lycamobile and Enabling Asia Tech from Malaysia have approached state telecoms company TOT on possible partnership deals, said Rungsun Channarukul, TOT’s senior executive vice president for the mobile unit. Lycamobile wants to be the state agency’s MVNO (mobile virtual network operator) partner, while […]
Read MoreKUALA LUMPUR: Malaysia is open to negotiation with Indonesia on the possibility to harmonise the crude palm oil (CPO) export duties structure of both countries. According to Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong (pic), a meeting has been scheduled between both Malaysian and Indonesian parties to discuss this issue in early […]
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