KUALA LUMPUR: Bank Negara Malaysia has raised the Overnight Policy Rate (OPR) by 25 basis points to 2.25% at its monetary policy committee (MPC) meeting on Thursday, March 4.

"The floor and ceiling rates of the corridor for the OPR are correspondingly raised to 2% and 2.50% respectively," it said.

lol coz he doesnt want u to sell... u just buy and keep

Next time let mod does the job to fence off those buaya.

Btw, where is your bunny picture?   
Mod must review it first before being allowed to post. 

Good news for RCECAP!!!!

No commercial bank access into civil servant mart

THE government has no plans to let commercial banks enter the lucrative civil servant loans market, Second Finance Minister Datuk Seri Ahmad Husni Mohamad Hanadzlah said.

"No, we have not discussed that at all. It's not on our agenda at all," Husni said in Kelana Jaya yesterday, when asked if the government would consider such plan.

A news report last year said a number of commercial banks are planning to break into the market of lending to government employees after being allowed to make automatic salary deductions. The report did not name the banks or where it got the information from.

At present, only credit cooperatives and a number of government-owned financial institutions are provided with the special codes that allow these salary deductions. The ability to deduct loans repayment from the salary makes this business profitable for banks because the risk of bad debts are much lower

IPOs are indeed fund raising exercise for the majority shareholders. If listing in the stock market is not fund raising, then what is for?
To share their spoilts with everybody? Even cash-rich Genting M is meant for the controlling shareholder to do RPT.
You can see a long line of IPOs down the road. Investors apply for IPOs thinking that it is priced below market price and hence they can profit, that's all.
Unfortunately, those days are already long gone.Now IPOs are priced at market price. So, better think twice before applying.