BNM likely to follow through with third 25 bps rate hike in September, says UOB
UOB Global Economics & Markets Research said that given the robust gross domestic product growth print in the second quarter of 2022, signs of further economic expansion in the second half of the year, albeit at a moderate pace, and broadening second-round effects on inflation, Bank Negara Malaysia (BNM) will likely follow through with a third 25-basis-point (bps) rate hike in the coming Monetary Policy Committee meeting..
CTOS, PropertyGuru to progress innovation in the PropTech space
CTOS Data Systems Sdn Bhd, a wholly owned subsidiary of CTOS Digital Bhd, has signed a memorandum of understanding (MoU) with PropertyGuru Group’s subsidiary, PropTech, to