Category: Malaysian economy and BNM
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The key to economic recovery is none other than…
The key to economic recovery is none other than… vaccinations. I agree wholeheartedly. Article in themalaysianreserve.com Institute for Democracy and Economic Affairs CEO Tricia Yeoh said, “The GDP outlook for 2Q21 and full year is highly dependent on the success of the National Covid-19 Immunisation Programme. As long as a majority of the population remains…
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Blanket moratorium not the best option for MCO 3.0
Blanket moratorium not the best option for MCO 3.0. This was the message from Bank Negara Governor Datuk Nor Shamsiah Mohd Yunus said when asked if banks should give a blanket moratorium with the MCO 3.0. She said that all banks already have their payment assistance plans including targeted loan moratoriums which can be offered…
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Who does NOT want to revenge travel when we are allowed to?
In many places where travelling is allowed as Covid-19 is under control, revenge travel happened. Rushing to the beach for example… Not sure about all of you but if you ask me if I want to travel soon, my answer is a strong Yes. It just need to be within Malaysia for now since travelling…
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2021 inflation projected at between 2.5% and 4.0%. OPR stays the same.
Briefly, Bank Negara Malaysia (BNM) has decided that OPR stays the same. When we need a bigger push to help the economy, the interest rate is one such tool under monetary policy by Bank Negara Malaysia (BNM). However, this should not be used if the market seems to be recovering. Keep it till it’s needed.…
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Why so many people buy used car?
Who would buy used car car if ONLY the new car have sales tax exemptions? Do you agree? So many friends have shown the photo of their new car last year and this car. I could only envy them as I am still driving my Persona 1.6 MANUAL which will is now in 11th year.…
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Everyone can travel interstate again, soon?
At the moment, we could not travel interstate without some important reasons. We need to get a stamp from the neighbourhood police station for this. Unfortunately there are so many rumours about people abusing this and travelling for some absurd reasons. F Now…there’s an expectation that the government will lift interstate travel ban very soon.…
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30 IPOs in Malaysia (expected) for 2021 Ready for some of them?
Here is a piece of good news. 30 IPOs in Malaysia are expected for 2021. Initial Public Offering (IPO) is where the companies are selling their shares (some portion of it) to the public to raise funds for the business. Usually, this allows it to have funds to expand and the investors could also enjoy…
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Malaysia’s INCREASING unemployment rate in January 2021 vs December 2020. Is it looking bad?
Important. Unemployment rate determines the economic outlook of a country. When more people lose their jobs, we would soon see many more people stop paying for their loans. When more people stop paying for their loans, then we would see even more financially distressed people and there would be some desperate selling of their assets.…
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COVID-19 immunity will boost the economy. Are we ready?
COVID-19 immunity will boost the economy and it’s not just ours yeah. It’s for the world. Okay, I do not think people will get full COVID-19 immunity anytime soon. However, COVID-19 immunity will boost the economy. The reason is a simple one. When people feel safer, they will be able to go back to what…