Thailand, Malaysia central banks launch cross-border QR payment linkage
BANGKOK, June 18 — The central banks of Thailand and Malaysia (Bank Negara Malaysia) launched on Friday a cross-border QR (Quick Response) payment linkage to...
BNM: All loan borrowers with reduced income eligible for lower monthly instalments
KUALA LUMPUR, June 2 — Bank Negara Malaysia (BNM) today reiterated that all loan borrowers who have suffered a drop in income, including salary, allowances,...
Ringgit ends lower against greenback
KUALA LUMPUR, May 11 — The ringgit slid by 110 basis points against the US dollar today as cautious sentiment prevailed after the announcement of...
Malaysia’s economy shrinks 0.5 pct in first quarter, 2021 growth target remains — BNM
KUALA LUMPUR, May 11 — The country’s economy recorded a contraction of 0.5 per cent in the first quarter of 2021, a sign of recovery...
Malaysia on track to achieve 6-7.5 pct GDP growth in 2021
KUALA LUMPUR, May 11 — Malaysia remains on track to achieve the forecast Gross Domestic Product (GDP) growth of between 6.0 per cent and 7.5...
Ringgit to remain exposed to periods of heightened volatility, says BNM governor
KUALA LUMPUR, May 11 — The ringgit is expected to remain exposed to periods of heightened volatility as uncertainties remain on the momentum of the...
Malaysia’s GDP likely to grow by 0.5 pct in first quarter 2021 — Moody’s Analytics
KUALA LUMPUR, May 10 — Malaysia’s gross domestic product (GDP) is likely to have grown by 0.5 per cent quarter-on-quarter in the first quarter of...
BNM’s international reserves at US$110.8 bln as at April 30
KUALA LUMPUR, May 7 — Bank Negara Malaysia’s (BNM) international reserves amounted to US$110.8 billion as at April 30, 2021 (US$1=RM4.11). In a statement today,...
BNM’S OPR decision keeps ringgit higher against US dollar at opening
KUALA LUMPUR, May 7 — The ringgit opened slightly higher against the US dollar on Friday after Bank Negara Malaysia (BNM) maintained interest rate at...
BNM keeps key rate steady as virus cases surge
KUALA LUMPUR, May 6 — Bank Negara Malaysia (BNM) left its benchmark interest rate unchanged at a record low on Thursday as the country pushes...
BNM appoints Abd Rahman Abu Bakar as assistant governor
KUALA LUMPUR, April 30 — Bank Negara Malaysia (BNM) has appointed Abd Rahman Abu Bakar as assistant governor effective May 1. In a statement today,...
EPF i-Sinar withdrawal gives positive immediate impact to real economy — BNM
KUALA LUMPUR April 2 — The withdrawals under the Employees’ Provident Fund’s (EPF) i-Sinar scheme is seen to have a positive immediate impact on the...