October 14, 2024 05:29 GMT
BNM: Bond Wrap.
BNM
- The government will only implement a broad-based goods and services tax in a few years if the minimum monthly wage increases to the 3,000-4,000 ringgit level, according to discussions with Prime Minister Anwar (source: Bernama).
- Malaysia and the United Arab Emirates successfully concluded negotiations on a deal that will enhance trade between the two nations, according to Malaysia’s Investment, Trade and Industry Ministry (source: BBG).
- Malaysia's palm oil stockpiles rose to 2.01m tons in September from revised 1.883m tons in August, according to Malaysian Palm Oil Board (source: BBG).
- Markets were quiet today with equity modestly higher and bond yields modestly higher.
3yr 3.449% (+1bp) 5yr 3.578% (+3bp) 10yr 3.778 (+1bp) 20yr 4.094% (+4bp)
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