Malaysian economy and BNM – Page 2

Malaysian economy and BNM

The latest results of the top 4 banks in Malaysia. What’s happening?

When we ask someone negative about the economic situation, the response will always be negative. When we ask someone who’s positive about the economic situation, the response will be positive. Just as if we ask the property developer what do they think about the property market, do we believe they will say it is all gloom and doom? Instead of asking and getting some ‘biased’ answers, how about we just look at numbers, nothing but actual numbers of achievements in the market?

ABCs of Personal Finance

Understanding BNM’s RM100k Loan Education Requirement for 2027

Before we spend beyond our earnings, please remember that money which we overspend today will mean a much bigger ‘loss’ the future. For example, if I put in RM10,000 into the self-contribution for EPF, this RM10,000 could have turned into RM17,081 10 years later based on an average of 5.5 percent dividend returns from EPF. This is a 70 percent gain over 10 years due to the compounding effect despite EPF declaring just 5.5 percent every year for the next 10 years. If we used it now, then we are spending our future RM17,000.

Malaysian economy and BNM

Understanding BNM’s Latest OPR Announcement. Why maintain?

Understanding BNM’s Latest OPR Announcement. Why maintain? Why is the OPR maintained? BNM is maintaining OPR because growth is continuing globally (we are an export-oriented

Malaysian economy and BNM

BNM’s OPR Decision: What It Means for Your Mortgage

Our current Overnight Policy Rate (OPR) is 2.75 percent. The decision is to be made by the Monetary Policy Committee (MPC) of Bank Negara Malaysia. Current rate is considered as appropriate and supportive of domestic economic growth and as usual, the MPC will monitor global and domestic economic risks before they make their next decision.