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Interest Rate Waiver: Imperative that short-term relief measures do not incur long-term damage to economy — BNM

It is “imperative that short-term relief measures do not incur significant long-term damage to the economy”, emphasized Bank Negara Malaysia (BNM). The Central Bank was responding to questions by The Edge regarding the interest payment waivers for the bottom 50% income bracket group (B50) that had made headlines last week

US-China trade tensions remain a concern, says research house head

02 Apr 2021 / 09:30 H. A cargo ship at a port in Qingdao, China. Trade tensions between the world’s two largest economies are not going away anytime soon. – AFPPIX PETALING JAYA: Given bright prospects of a global trade rebound as economies recover from a Covid-19 pandemic induced slump, experts have yet to dispel the spectre of US-China trade tensions entirely despite the absence of the chief agitator, former US president Donald Trump. MIDF Research head Imran Yassin recalled that Malaysia, as a highly open economy, experienced the impact of the trade dispute between the two largest economies prior to the pandemic during Trump’s administration.

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