Bank Negara Malaysia announced at 21 Jan’09, Overnight Policy Rate (OPR) would decrease again 75 points. That means OPR decrease 2.5 per cent. In Nov 2008, OPR was decrease 25 points; it’s 3.25 per cent. From adjustment in OPR, estimate Base Lending Rate (BLR) will decrease to 5.90 per cent instead 6.50 per cent at this moment. Check on Malaysia Base Lending Rate History for the past 20 years.

Malaysia’s central bank cut its benchmark interest rate for a second straight meeting as easing inflation allowed it to focus on sustaining economic growth amid the deepening global recession.

Bank Negara Malaysia lowered its overnight policy rate by three-quarters of a percentage point to 2.5 per cent. The size of the reduction was larger than all predictions in a Bloomberg News survey of 19 economists, where seven expected a quarter-point cut and the rest forecast the rate to be lowered by 50 basis points.

Malaysia’s 2009 growth will probably miss the government’s 3.5 per cent forecast, adding pressure on policy makers to boost spending and cut borrowing costs, the Malaysian Institute of Economic Research predicts. Malaysia Finance Minister is planning a second stimulus package to add to a RM7 billion (US$2 billion) plan unveiled in November.
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You might don’t have a degree in finance to be able to manage your money. How to manage your money is basic for investment industry. Do you feel like whatever you earn every month is slipping through your fingers? Many share the same feeling, most of us are lost when it comes to money management. All you need is a little bit of time to read the simple method here for you to start managing your money to accomplish your financial objectives.

Whether your income is little or a lot, it’s always wise to budget and plan your finances smartly. You will acknowledge your expenses are increase according your income increasing. Common mistakes that most people would make when it comes to money is getting too deep in debt, paying bills late, and not knowing how to save and make investment for future. You can avoid making these mistakes by always keeping track of where your money goes and knowing what you can spend on. Manage your money properly then only you qualify for investment.
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Taking up a bank housing loan is the most practical way to finance certain events in our lives. Here is guide to help you understand bank housing loans better and hopefully aid you in making the savvy financial decision that will benefit you.

There are many ways for you to get information on bank housing loans. You can get them directly from the banking institutions or from other sources such as newspapers, magazines and the Internet. If there is any information that is not clear to you, ask the banking institution to explain it to you. Compare the different types of loans from different banking institutions to ensure that you will be able to choose the bank housing loan that suits your financial needs.
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HSBC Home Smart bank mortgage loan help property buyer own a home of the dreams and enjoy these great benefits. HSBC home smart bank mortgage loan explain more detail for the following 5 point at below:

1.Home Smart -The home loan that lets you rearrange your priorities anytime.
Choose to pay off your home loan in ½ the time or withdraw the excess cash for important things that just can’t wait.

2.Flexible features to let you rearrange life’s priorities anytime.
What you want today may not be what you want tomorrow. For example, you might decide that your main focus is paying off the home loan as quickly as possible. But if you have a baby on the way, you’ll naturally need funds to prepare for it. Home Smart bank mortgage loan allows you to withdraw any excess payments you’ve already made. Then once your finances have stabilized, you can go back to making extra payments again. Read more »