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What a year 2008 has been!
Exactly a year ago, whoever would have thought 2008 could bring with it so much financial turmoil?
Whoever would have thought we would all be ending the year with a quiet pessimistic whimper as the worst financial crisis since the Great Depression in the 1930s continues to pull down the [...]

While it was good news that the loan interest rates will not be raised for the time being, even more good news has seemed to come our way!
Finance companies are in the midst of restructuring car loan repayments to help their customers with heavy financial commitments. So far, 3 banks have been working on this [...]

Good news for all!
Bank Negara has decided not to increase its overnight policy rates after its monetary policy meeting last Friday. I was waiting to see the outcome of this meeeting with bated breath as it would be a likely indicator for the Base Lending Rate (BRL).
It appears that Bank Negara is taking a different [...]

It seems like the BLR (Base Lending Rate) is likely to increase after Bank Negara Malaysia holds its monetary policy meeting to decide its overnight policy rate. The overnight policy rate indicates the overall monetary policy and acts as a target rate for the Central Bank’s day to day liquidity operations.
Several banks have already hinted [...]