Morning Minutes: What will make headlines, March 9, 2016
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An image of a solar eclipse.
PHOTO: TASOS
Good morning! Morning Minutes is a round-up of stories that will break on Wednesday, March 9, and which we think you'd be interested in.
It appears on weekdays, available by 7am.
Catch a solar eclipse in the morning
A total solar eclipse will sweep across the vast Indonesian archipelago today. Partial eclipses will be visible in northern Australia and parts of South-east Asia, including Singapore where the rare phenomenon can be observed between approximately 7.20am and 9.30am.
COE tender to close
The tender for certificates of entitlement (COE) will close on Wednesday (March 9). COE premiums for larger cars above 1,600cc or 130bhp had rebounded to close at $46,970 at the previous tender, after falling to a six-year low of $38,610 in the first tender for February. The premium for other COE categories had ended mixed. - Christopher Tan
Malaysia's central bank to release interest rate
Malaysia's central bank is expected to hold its key interest rate steady on today, maintaining the overnight policy rate at 3.25 per cent, where it has stayed since July 2014. Economists say Malaysia had better-than-expected growth in the last quarter of 2015, and see no need to change the key rate at this point. The meeting will be the last for Bank Negara Malaysia Governor Zeti Akhtar Aziz, who retires on April 30 after 16 years at the helm.
