Ringgit opens higher vs greenback ahead of BNM’s MPC meeting
KUALA LUMPUR, March 4 — The ringgit opened higher against the US dollar and other major currencies on Monday, in anticipation of Bank Negara Malaysia’s...
Ringgit to improve on better fundamentals, with Fed fund rate seen to peak — BNM
KUALA LUMPUR, Dec 4 — Regional currencies including the ringgit are expected to do better against the US dollar in the coming year, backed by news...
BNM confirms no personal data violated under state’s free insurance scheme
By Selangor Journal Team SHAH ALAM, Oct 12 — There is no issue of personal information being violated under the Selangor General Insurance Scheme (Insan),...
Islamic finance needs to innovate for economic, sustainability — BNM
KUALA LUMPUR, Sept 19 — The Islamic financial sector needs to unlock impactful innovations for economic and sustainability transformation as well as double down on value-based finance...
BNM to hold rates at 3 pct through end-2024 — Reuters poll
KUALA LUMPUR, Sept 5 — Bank Negara Malaysia (BNM) will hold its key policy rate at 3 per cent on Thursday, adopting the same no-change...
Malaysian banks have limited exposure to Country Garden — BNM
KUALA LUMPUR, Aug 29 — Bank Negara Malaysia (BNM) said yesterday banks incorporated in Malaysia face limited financial stability risk arising from exposure to China’s...
BMI revises Malaysia GDP forecast down to 4.0pct this year
KUALA LUMPUR, Aug 23 — BMI, a Fitch Solutions company, has revised downward its forecast for Malaysia’s real gross domestic product (GDP) growth to 4.0 per cent in 2023, from...
Malaysia’s 4 pct GDP growth forecast reasonable
KUALA LUMPUR, Aug 21 — Moody’s Analytics reckons that the 4 per cent growth forecast for Malaysia in 2023 is reasonable for countries in the region...
BNM will likely lower 2023 headline inflation forecast — Research firm
KUALA LUMPUR, July 28 — Bank Negara Malaysia (BNM) will likely lower its current headline inflation forecast of 2.8 per cent to 3.8 per cent...
Police foil RM28 mln fund transfer scam
KUALA LUMPUR, July 11 — Police successfully stopped the transfer of over RM28 million to an overseas bank account after suspecting that it was associated...
PM Anwar: Sharp drop in fiscal deficit detrimental to economy, development projects
KUALA LUMPUR, June 6 — A sharp decline in the fiscal deficit rate will affect the country’s economy adversely, especially in terms of development projects related...
Headline, core inflation to average between 2.8 pct and 3.8 pct in 2023 — BNM
KUALA LUMPUR, March 29 — Despite moderating in the fourth quarter (4Q) of 2022, headline inflation is expected to remain elevated in 2023, said Bank...