Malaysia keeps interest rates steady
by ChemOrbis Editorial Team - content@chemorbis.com
According to media reports, Malaysia’s central bank, Bank Negara Malaysia (BNM), kept its interest rate steady at 3% as the current monetary policy proved to support the economy.
Reports also revealed that the headline inflation is slated to relieve in the second half of 2017 in line with the decrease of global cost factors while the underlying inflation is also expected to be maintained due to the growing domestic demand.
The country’s economy is estimated to post further growth in 2017, the reports also revealed.
Reports also revealed that the headline inflation is slated to relieve in the second half of 2017 in line with the decrease of global cost factors while the underlying inflation is also expected to be maintained due to the growing domestic demand.
The country’s economy is estimated to post further growth in 2017, the reports also revealed.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- PP and PE markets set to rebound from two-year lows in Europe
- PET sellers hunt for signs of market bottom in Europe
- India’s import PP, PE markets rebound in Jan after several months of declines
- Tight supplies keep Asian PVC markets bullish
- Crude oil market sentiment turns in favour of bulls
- Will European PVC take a breather from 9-month downtrend in February?
- Supply limitations bolster Feb PP and PE outlook in Turkey
- China’s import PP markets climb to 6-month highs prior to Lunar New Year
- Weak activities press import PE, PP suppliers for discounts in Egypt
- Price erosion continues inside Middle Eastern polyolefins markets
