OPR maintained only until end of this year. let's see where it goes after that.

not me who say. BNM says mainatined until year end. i guess have something to do with UMNO AGM end of this year...? 

It all really depends on how the US-Fed proceed with its tapering program. They have an important jobs-report data coming out later today which may signal the end of QE.

I believe BNM decided to maintain its OPR rate as inflation is still under control (somewhat) despite the recent fuel price hike and the current rates are "accommodative" to domestic consumption and businesses. Add to that the flight to safety of foreign funds back to US when the US-Fed bond buying tapering starts, I guess our "super-woman" Tan Sri Zeti and the committee believes that holding the rates steady would suffice for now.

I don't believe it has anything to do with UMNO's AGM, it's a non-event as far as macro-economics are concerned

Where u try to top up?

U have ASM n AS1M?

Dun worry
There are hidden talents within BNM

Nope
If ASW2020 is unsuccessful, Y dun u try ASM n AS1M also

Brilliant ppl like here normally only comes once every generation. Finding a replacement as good would be tough

Since u alredy at PM n CIMB, no harm trying

some correction: AS1M & ASW2020 non-bumiputra allocations are fully subscribed.

the bumi allocations are always available

I thought ASW2020 for Bumi also fully subscribed
My colleague (bumi) went to ASNB Shah Alam today for top up n was advised 'habis'

asw didik asm asim etc are only temporarily parked..to gain some dividend. most bumi would go for asb. only when they have maxed out their asb would they go for this fund.

as to why lucifah client managed to top up 20k..my guess is there are quite a number of bumi resorted to 200k asb loan. so they have to take out the money tht they already hv in asb say 40k and dump it in those temporary fund. wht they do is on the first day of each month they will withdraw the money and pay for their loan..

here they can gain some devidend rather then paying for the loan in one shot. so this process will free some amount in asw although technically this fund fully subscribed regardless on bumi or nonbumi..

what i meant was instead of paying for the asb loan in one lump-sum amount let say 15k a year. they would park the money in asw etc fund..and only take out around 1.2 each month to service the loan. so they will still be entitled to get a prorated dividend on the remaining amount which will of course entail a lesser devidend over the cause of the year.. the dividend is still calculated on the yearly basis.

some muslim considered asb as haram..not only dividend as it is not shariah compliance. but for some they considered it to be harus as decreed by majlis fatwa kebangsaan.

maybank offers asb financing i..which is islamic loan. so there is no question of interest etc. unless one starts to question the Islamic banking itself.

Any non bumi ASM products that are still open that can give better than FD rates?

No issue for ASB holders
They can top up later once $ is available coz each of them can buy up to RM200k

My dad needs the money. So I'm lending him some.

Since he help me A LOT, so I can't say NO. Must ikhlaskan diri

Yape, sometimes tight budget, no choice but to withdraw..

But anyway, no issue with it because ASB account holders can deposit into the account at any given time..

Its not like us non bumi who have to deposit to the fixed unit trust account through trial and error, we will feel reluctant and frustrated when we have to withdraw the money from the account..