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Good stock to invest long term despite there is risk of another rate cut. The only bank that can sell more than 2x of its book value; mainly due to its assets.
Cheng, next month confirm cut opr liao eh, Q4 gdp too low.. That why government now wanted to stimualte economic... Still thinking which feild benefit the most
Bank Negara governor Datuk Nor Shamsiah Mohd Yunus recently hinted at a possibility of cutting the overnight policy rate further, pointing out that the central bank has ample room for monetary policy adjustments.Suhaimi points out that the economy will continue to see commodity supply disruption in Q1.
Economists anticipate more rate cuts this year in the range of 25 to 50 basis points (bps), following a 25-bps cut made earlier on Jan 22 to 2.75% - the lowest level since 2011.The 4Q19 economic
17.00 is quite early. still got ample space to drop more after another opr cut . pbank biz in hk, china, Singapore are hardly hit by wunan virus and hk revolution. price effect will be seen in next 6 months
Quinn, I won’t think too much on the stimulus or which field or sector that will benefit the most. imo - fiscal policy is still lacking and its tough to improve household income if the actual infra work is not starting. Monetary policy itself is still OPR and probably ensuring liquidity. One item that has yet to be touched is the tax policy. I hope this time it involves tax policies as that will be helpful for corporate and personal income, further boosting GDP and increase consumer spending - moving the economy :) just my opinions, could be wrong. Hope it helps.
Agreed to cut tax on corporate or personal is not bad, but at the same time tax collected from government will be lower if the economic still so gg, the best way is to start infrastructure and attract more foreign company(lower tax or tax subsidy) to operate in Malaysia, create more jobs, then really boost the economy...