News: 'OPR reduction a preemptive move'

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5 comment(s). Last comment by givemeabreak 2016-07-16 13:18

speakup

27,034 posts

Posted by speakup > 2016-07-15 13:58 | Report Abuse

expect property prices to up 5% this year due to OPR cut

calvintaneng

56,627 posts

Posted by calvintaneng > 2016-07-15 16:06 | Report Abuse

This preemptive move shows that the new Bank Negara Top Boss has foresight.

Under a world of little or no real growth this reduction of interest rate will trigger better economic activity in Malaysia.

Calvin Tan Research gives this a Thumb's Up!

bagan

754 posts

Posted by bagan > 2016-07-15 16:11 | Report Abuse

i dont know why he called it as pre-emtive as May consumer spending shrunk 4.4%, unemployment at highest and property still flat...i dont want to call it responsive, but preemtive is just a little bit too late

paperplane2016

21,659 posts

Posted by paperplane2016 > 2016-07-15 16:13 | Report Abuse

He is Samuel hung, good in doing humor

givemeabreak

173 posts

Posted by givemeabreak > 2016-07-16 13:18 | Report Abuse

Samuel Hung..haha. that is a good one...

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