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...
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,...
Malaysia’s economy to rebound between 6.0-7.5 pct this year, says BNM governor
KUALA LUMPUR, March 31 — The Malaysian economy is projected to expand between 6.0 per cent and 7.5 per cent in 2021 compared with a...
Unsold commercial properties worrisome — BNM
KUALA LUMPUR, March 31 — The number of unsold properties has seen a respite amid the government’s Home Ownership Campaign (HOC) except for the commercial...
Headline inflation to spike in second quarter, to average 2.5-4.0 pct in 2021 — BNM
KUALA LUMPUR, March 31 — The country’s headline inflation is anticipated to temporarily spike to above 5.0 per cent in the second quarter of this...
Blanket moratorium will affect the economy, people — Nor Shamsiah
KUALA LUMPUR, Feb 11 — An automatic blanket moratorium would not be in the best interest of the economy and the people (rakyat), said Bank...
Fiscal space for Covid-19 pandemic needs to be rebuilt, says BNM
KUALA LUMPUR, Feb 11 — Bank Negara Malaysia (BNM) said the fiscal space used for Covid-19 pandemic needs to be rebuilt, guided by medium-term fiscal...
40 parties interested to apply for BNM’s digital banking licences
KUALA LUMPUR, Feb 11 — Some 40 parties have registered their interest with Bank Negara Malaysia (BNM) to apply for digital banking licences, its governor...
Cautious banking sector making provisions for third quarter — BNM governor
KUALA LUMPUR, Nov 16 — The Malaysian banking sector has been proactive in addressing the effects of Covid-19. However, the prevailing adverse economic conditions have...
Cautious banking sector making provisions for third quarter — BNM governor
KUALA LUMPUR, Nov 13 (Bernama) — The Malaysian banking sector has been proactive in addressing the effects of Covid-19. However, the prevailing adverse economic conditions...