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CMTan

Property Market Analysis, Economic Updates, Business & Investment Opportunities, Marketing Strategies and Fun

Posts Tagged 'Bernama'

OCBC Bank sees more rate hikes

KUALA LUMPUR: OCBC Bank expects two rounds of interest rate hike, each by 25 basis points, in the remaining nine months of this year, bringing the overnight policy rate to 2.75%.On March 3, Bank Negara raised interest rates by 25 basis points to 2.25%, the first since November 2005. “We don’t think [...]

27 March 2010 at 11:29 - Comments

Stanchart CEO: Malaysia’s OPR may rise to 2.75%

KUALA LUMPUR: Standard Chartered Bank Malaysia Bhd has forecast the overnight policy rate (OPR) to gradually increase to 2.75 per cent by mid-2010, said managing director and chief executive officer Osman Morad. Currently, interest rates stood at two per cent. “We foresee a gradual rise in interest rates starting from the end of the first quarter this [...]

3 February 2010 at 00:22 - Comments