Another rate cut by BNM soon?
"The BNM cut will likely be due to the continued lowering of a bamboo curtain between the US and China.”
"The BNM cut will likely be due to the continued lowering of a bamboo curtain between the US and China.”
Yu said she only took instructions from Nik Faisal, who is the mandate holder of Najib’s accounts with the bank.
The fresh capital will be injected into Scomi by underwriting the proposed rights issue which is fixed at 18 sen per share.
The company’s talks with the lender are still at an early stage and there is no guarantee a deal will happen.
“The state can be a progressive institution that can bring about [a] ‘helping hand’ to nurture domestic investments and foster the transfer of technologies." said Dr Edmund.
The BlackBerry phone had been seized from AmBank relationship manager Joanna Yu during a raid at the AmBank Group building here on July 6, 2015.
In an email to users, Grab said it hopes the shortage will be temporary as it works with over 200,000 driver-partners to meet new requirements under these rules.
The 1MDB or Tanore trial is scheduled to begin on Aug 19 next month.
MIDF head of research Mohd Redza opined that any rate cut will most likely be in 2020.
The exercise is currently awaiting further approval of the concessionaire shareholders as well as the final cabinet approval prior to a successful completion.