BNM adds six entities to Financial Consumer Alert list
KUALA LUMPUR, June 24 — Bank Negara Malaysia (BNM) has updated the Financial Consumer Alert (FCA) List to include six new entities that are neither authorised...
BNM: Malaysia’s economy grows by 3.7 pct in 2023, 3.0 pct in 4Q
KUALA LUMPUR, Feb 16 — Malaysia recorded a gross domestic product (GDP) growth of 3.7 per cent in 2023, after an expansion of 3.0 per...
BNM’s old building to be converted into new art gallery — Exco
SHAH ALAM, Jan 27 — The Selangor government has acquired an old building from Bank Negara Malaysia (BNM) in Section 14 here, which will be...
Quantum Metal not licensed by BNM, must implement anti-financial crime measures
KUALA LUMPUR, Jan 22 — As a reporting institution, Quantum Metal Sdn Bhd (QMSB) is obliged to undertake measures to prevent its activities from being misused...
Ringgit opens strongly amid upcoming US Fed and BNM meetings
KUALA LUMPUR, Oct 30 — The ringgit opened higher against the US dollar and other major currencies on the first day of trading for the...
Malaysia to expand local currency framework with high-trade-value countries
KUALA LUMPUR, Sept 25 — The government and Bank Negara Malaysia (BNM) will continue to expand the Local Currency Settlement Framework (LCSF) cooperation with other countries,...
BMI sees Bank Negara Malaysia holding OPR at 3pct until end of 2024
KUALA LUMPUR, Sept 14 — BMI, a Fitch Solutions company, expects Bank Negara Malaysia to hold its overnight policy rate at 3.00 per cent until...
Central Bank to hike OPR by another 25 basis points this week, Moody’s Analytics predicts
KUALA LUMPUR, Sept 5 — Bank Negara Malaysia is expected to hike its overnight policy rate by 25 basis points to 2.5 per cent this...
Ringgit retreats amidst mixed sentiments
KUALA LUMPUR, Aug 10 — The ringgit opened easier against the US dollar this morning amidst mixed sentiments, coupled with the falling crude oil price,...
Economist: Transition to endemic status a boost to economy
KUALA LUMPUR, April 12 — Malaysia’s economy is expected to strengthen this year as the country transitions to the endemic phase, starting with the reopening...
Ringgit higher vs greenback after Permai announcement
KUALA LUMPUR, Jan 19 — The ringgit opens higher against the US dollar today, boosted by Prime Minister Tan Sri Muhyiddin Yassin’s announcement of the...
Ringgit slightly lower vis-a-vis greenback at opening
KUALA LUMPUR, Jan 18 — The ringgit opened slightly lower vis-a-vis the US dollar on Monday due to the strengthening of the greenback as a...