BNM: At least half of local banks’ new financing to be climate-friendly
KUALA LUMPUR, Dec 3 — Malaysia is expecting to see at least half of new financing by the local banks aligned with climate-supporting or transitioning activities...
BNM advises public to enhance self-protection mechanism to avoid scams
KUALA LUMPUR, Nov 29 — The public is advised to enhance their self-protection mechanisms to avoid falling victim to online fraud or scams, which are...
Ringgit ends weaker against US dollar
KUALA LUMPUR, Nov 24 — The ringgit settled lower against the US dollar at the close on Friday, dragged down by the consumer price index...
Malaysia’s international reserves at US$110.5bln as of Nov 15 —BNM
KUALA LUMPUR, Nov 22 — Bank Negara Malaysia’s (BNM) international reserves amounted to US$110.5 billion (US$1=RM4.68) as of Nov 15, 2023. The central bank said the reserves...
Malaysia, Singapore real-time payment systems linkage launched
KUALA LUMPUR, Nov 17 — Bank Negara Malaysia (BNM) and the Monetary Authority of Singapore (MAS) have jointly launched the real-time payment systems linkage between...
BMI expects BNM to hold OPR at three pct throughout 2024
KUALA LUMPUR, Nov 17 — BMI, a Fitch Solutions company, expects Bank Negara Malaysia (BNM) to hold its overnight policy rate (OPR) at 3.0 per...
Securities Commission receives nearly 3,000 scam-related complaints in third quarter
KUALA LUMPUR, Nov 17 — The Securities Commission Malaysia (SC) received 2,873 scam-related complaints for the third quarter of 2023 compared to 2,461 complaints received...
Ringgit rises 1.4 pct against basket of major trading partner currencies in third quarter
KUALA LUMPUR, Nov 17 — The ringgit depreciated by 0.2 per cent versus the US dollar in the third quarter (3Q 2023), along with other...
Flexible ringgit exchange rate can dull impact of external shocks — Ministry
KUALA LUMPUR, Nov 14 — The flexible ringgit exchange rate plays an important role in reducing the impact of external shocks on domestic economic activity,...
Malaysia’s international reserves at US$108.5bln as at Oct 31 — BNM
KUALA LUMPUR, Nov 7 — Bank Negara Malaysia’s (BNM) international reserves amounted to US$108.5 billion as at Oct 31, 2023. The central bank said the reserves...
Projects implementation this year better, more efforts needed — PM Anwar
PUTRAJAYA, Nov 7 — Prime Minister Datuk Seri Anwar Ibrahim said the implementation of projects this year is better compared to last year but is...
Unfair to use ringgit-US dollar rate to solely gauge economy — Minister
KUALA LUMPUR, Nov 4 — The ringgit’s value versus the US dollar should not be used as the sole gauge of the state of the...