SUBSCRIBERS

Malaysia holds rate while policy makers study GST impact on price, growth risks

Published Thu, May 7, 2015 · 09:50 PM

Kuala Lumpur

MALAYSIA's central bank left its key interest rate unchanged for a fifth straight meeting, refraining from adding stimulus as policy makers assess the impact of a new tax on price pressures and consumption.

Bank Negara Malaysia kept the overnight policy rate at 3.25 per cent, it said in a statement in Kuala Lumpur on Thursday. The decision was predicted by 21 of 22 economists surveyed by Bloomberg News, with one forecasting a 25-basis point cut.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

International

Thailand to appoint former energy executive Pichai as finance minister, sources say
‘To the Future’: Saudi Arabia spends big to become an AI superpower
Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons
Overcrowded Venice introduces first payment charge for tourists
South Korea readies new system to detect illegal short-selling
US births retreat after pandemic-era growth

International

International

Malaysia holds rate while policy makers study GST impact on price, growth risks

International

Thailand to appoint former energy executive Pichai as finance minister, sources say

‘To the Future’: Saudi Arabia spends big to become an AI superpower

Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons

Overcrowded Venice introduces first payment charge for tourists

South Korea readies new system to detect illegal short-selling

US births retreat after pandemic-era growth

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

SECTIONS

LIFESTYLE

Follow BT