newbie911 1083 posts | Posted by newbie911 > May 7, 2019 11:22 PM | Report Abuse Why? |
calvintaneng 39934 posts | Posted by calvintaneng > May 8, 2019 12:15 AM | Report Abuse Cut of .25% to 3% not enough lah Make it a more deeper cut to 2% better 1. Lower interest rate will ease high loan payment for houses 2. Low interest also help give relief to Company debt obligations ...leading to better cash flow and profits 3. Low interest cut cost and make Malaysia exports even more competitive So go ahead, Bank Negara, cut it to 2% boldly and stimulate the economy to the full |
Haw Liao 1190 posts | Posted by Haw Liao > May 8, 2019 10:32 AM | Report Abuse wait for the bubble to burst... |
Airline Bobby 482 posts | Posted by Airline Bobby > May 8, 2019 11:11 AM | Report Abuse Interest rate drop but loan approved still strict... U say leh |
kenlee 2808 posts | Posted by kenlee > May 8, 2019 11:13 AM | Report Abuse LOL. do you go to buy a house immediately after the rate drop ? |
calvintaneng 39934 posts | Posted by calvintaneng > May 8, 2019 12:26 PM | Report Abuse IN MALAYSIA HOUSE PRICES STILL VERY CHEAP COMPARED TO MANY COUNTRIES IN SPORE 1 ROOM APT BELOW 500 SF NOW SELLING OVER $1 MILLION SING DOLLAR OR RM3 MILLIONS SEE https://amberparksofficial.com.sg/?gclid=EAIaIQobChMI_6PHh4uL4gIVjxWPCh2QmAXkEAAYAyAAEgK5n_D_BwE |
calvintaneng 39934 posts | Posted by calvintaneng > May 8, 2019 1:02 PM | Report Abuse SEE NEW ZEALAND NOT A GOODS EXPORTING NATION HAS CUT RATES TO ONLY 1.5% MALAYSIAN ECONOMY DEPENDS SO MUCH ON EXPORTS SHOULD CUT RATE TO EVEN 1% https://www.thestar.com.my/business/business-news/2019/05/08/new-zealand-cuts-interest-rates-to-historic-low/ |
Musang King 580 posts | Posted by Musang King > May 8, 2019 4:33 PM | Report Abuse Clap Clap Clap |
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makemoney1 263 posts | Posted by makemoney1 > May 8, 2019 5:19 PM | Report Abuse dunnid compare singapore la.....compare klcc vs bangkok, manila, jakarta, vietnam...their price is super high....Malaysia is super cheap. Now is not house price high but salary low |
qqq3 13755 posts | Posted by qqq3 > May 8, 2019 6:13 PM | Report Abuse even Economist Nobel prize winner cannot tell u what is the most appropriate interest rate for Malaysia......... |
qqq3 13755 posts | Posted by qqq3 > May 8, 2019 6:27 PM | Report Abuse what we can say about OPR cut is that authorities are concerned about a weakening economy........ beyond that, it is anyone's guess. |
VSOLAR Sailang Margin All In 2613 posts | Posted by VSOLAR Sailang Margin All In > May 9, 2019 8:52 PM | Report Abuse You cut to 2% MYR will depreciate like crap. |
VSOLAR Sailang Margin All In 2613 posts | Posted by VSOLAR Sailang Margin All In > May 9, 2019 8:52 PM | Report Abuse 1 USD to 5.50 MYR |
qqq3 13755 posts | Posted by qqq3 > May 9, 2019 8:53 PM | Report Abuse many factors make up exchange rates. |
VSOLAR Sailang Margin All In 2613 posts | Posted by VSOLAR Sailang Margin All In > May 9, 2019 8:55 PM | Report Abuse productivity or GDP per capita is one. For your information, our GDP per capita is 1/7 of Singapore's... Basically it means 1 Singaporean can be 7x times more productive than us Malaysian, what a shame. |
Surewind 291 posts | Posted by Surewind > May 9, 2019 10:25 PM | Report Abuse If you cut yr interest rate too much, ppl will be selling all their bonds because of lower interest rate. That's why central bank will not cut more than 0.25 basis points. If bond market is flooded, the price of ringgit will normally drop more against US dollar. Better for exporters, but bad for importers and politics. |
qqq3 13755 posts | Posted by qqq3 > May 10, 2019 10:13 AM | Report Abuse WHY PROPERTY INDEX DROP DESPITE INTEREST CUT TODAY ??? u are looking for stock market to behave in a certain predictable and logical way................from university u learn about stock market and economy and that stock market got predictive power. well...I think your professors are wrong. |
VSOLAR Sailang Margin All In 2613 posts | Posted by VSOLAR Sailang Margin All In > May 10, 2019 7:00 PM | Report Abuse No lah unker, university teach you efficient market, no way you can outperform or underperform the market index. Complete bullshit I say. The lecturer nearly got mad at me. |