Business

BANK NEGARA SET TO ANNOUNCE THE BIGGEST RATE CUT OF THE DECADE – GOOD FOR BORROWERS, STOCK MARKET, BONDHOLDERS WANTING TO CASH OUT BUT BAD FOR SAVERS, OTHER INVESTORS

May 5, 2020 // 0 Comments

KUALA LUMPUR: Malaysia is set to cut its benchmark interest rate by a bigger-than-usual 50 basis points today to help [...]

GET OUT OF THE WAY MUHYIDDIN & AZMIN – ‘THERE WILL BE NO POST-CORONA NEW WORLD ORDER – JUST THE DUMB WILL GET DUMBER & MORE CORRUPT’: AS OIL PRICES CRASH, WHY IS TENAGA STILL CHARGING FAT TARIFFS & COOKING GAS STAYS THE SAME PRICE – WHY IS MUHYIDDIN REGIME PROTECTING THE GLC MONOPOLIES WHILE THE PEOPLE LOSE THEIR LIVELIHOODS

May 3, 2020 // 0 Comments

No Post Corona New World Order. Just The Dumb Will Get Dumber. How come prices of cooking gas has not come down? Oil and [...]

IN LATEST OUTRAGE – ‘BANKS FIRST, THE PEOPLE SECOND’ : ‘PTUI!’ – MALAYSIANS HURL BRICKBATS AT PUPPY NEW FINANCE MINISTER – UNDER MUHYIDDIN-AZMIN, THE CRONIES STILL THE MOST IMPORTANT

May 3, 2020 // 0 Comments

A SELF-PROCLAIMED ‘Malay-Muslim government’ charging unreasonable moratorium interest (read: riba) payment for Islamic [...]

CRONIES WILL HAVE TO WAIT – ECONOMY DESTROYED OR NOT, HUMANKIND MAY JUST HAVE TO WAIT TILL MOTHER NATURE CLEANS OUT THEIR MESS BEFORE PICKING UP THE PIECES: VACCINE READY BY EARLY NEXT YEAR – CHINESE MEDICAL EXPERT

May 3, 2020 // 0 Comments

A VACCINE for the Covid-19 virus is expected to be ready by the end of this year or early next year if ongoing processes in [...]

TIME FOR GREENHORN FINANCE MINISTER ZAFRUL TO DECIDE – IS HE WORKING FOR CIMB, BANKS, HIS POLITICAL PATRONS OR THE PEOPLE? ‘CONFUSED’ ZAFRUL BACKS OFF – NOW URGES BANKS TO ABOLISH INTEREST ON LOANS DURING MORATORIUM

May 2, 2020 // 0 Comments

FINANCIAL institutions are urged not to charge accrued interest and profits during the six-month moratorium on repayment for [...]

YOU WON’T LOSE MUCH – WHAT’S A FEW MONTHS OF INTEREST EXEMPTION TO YOU: EVEN KU LI TICKS OFF GREEDY BANKS, TELLS BANK NEGARA TO SIDE WITH BORROWERS ‘AT DIFFICULT TIMES’ LIKE THESE

May 2, 2020 // 0 Comments

PETALING JAYA: Veteran Umno leader Tengku Razaleigh Hamzah has urged Bank Negara Malaysia (BNM) to side with borrowers amid [...]

THE DAY TRUMP SAVED THE OIL MARKETS FROM TOTAL COLLAPSE – BY THREATENING TO REMOVE U.S. TROOPS FROM SAUDI ARABIA – BUT FOR HOW LONG BEFORE THE NEXT SHAKEDOWN?

May 2, 2020 // 0 Comments

Before the Coronavirus outbreak, Donald Trump was using a very powerful tool to get what he wanted from Saudi Arabia – [...]

AS HIS POLITICAL COWARDICE THREATENS TO DESTROY THE ECONOMY, MUHYIDDIN FINALLY FORCED BY PUBLIC UPROAR TO ANNOUNCE LOOSENING OF MCO – MOST LIKELY IN HIS MAY DAY SPEECH – EVEN AS PAKATAN INSISTS ON FULL-DAY PARLIAMENT SITTING TO FASTRACK MEASURES TO EASE THE PAIN ON BUSINESSES, WORKFORCE

April 30, 2020 // 0 Comments

Prime Minister Muhyiddin Yassin is expected to announce the loosening of movement control order (MCO) restrictions during [...]

FIRST DEATH KNELL – MAHATHIR’S BIG MOUTH, 2ND DEATH KNELL – COVID-19: PALM OIL INDUSTRY TAKES A BEATING – ANOTHER PILLAR OF THE ECONOMY AFTER OIL & GAS CRUMBLES – WHAT WILL HAPPEN TO MALAYSIA?

April 30, 2020 // 0 Comments

PETALING JAYA: Exports of palm oil-based products saw a significant drop of 34.8%, or 793,257 tonnes, to 1,486,521 tonnes [...]

DESPERATE FOR A LIFELINE WITH INEPT AZMIN AT THE HELM, BUSINESSES TURN THEIR EYE ON BANK NEGARA – WILL IT CUT INTEREST RATES BY 50 BASIS POINTS? – EVEN AS EXPERTS LAY OUT 7 WAYS TO ‘NAVIGATE TOWARDS NEW NORMAL’

April 30, 2020 // 0 Comments

KUALA LUMPUR (Reuters) – Malaysia’s central bank is expected to make the biggest cut to its benchmark interest rate [...]

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