KUALA LUMPUR, Feb 27 — Bank Negara Malaysia (BNM) has stepped up its engagements with government-linked investment companies, government-linked companies, corporations, and investors to encourage continuous inflows to the foreign exchange market.

PUTRAJAYA, Feb 21 — Raising the Overnight Policy Rate (OPR) to strengthen the ringgit is not a good move presently, given its impact on the people, said Communications Minister Fahmi Fadzil.

KUALA LUMPUR, Feb 20 — The People’s Bank of China (PBOC) unexpectedly cutting its key borrowing rate more than what the market anticipated drove major regional currencies, including the ringgit, to trade lower against the US Dollar, mirroring the trend of the Chinese renminbi.

KUALA LUMPUR, Feb 20 — Bank Negara Malaysia believes the ringgit's current level does not reflect the Malaysian economy's positive prospects going forward, said its governor Datuk Abdul Rasheed Ghaffour.

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 by 2026, said Bank Negara Malaysia (BNM) governor Datuk Abdul Rasheed Ghaffour.

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 Malaysia’s DuitNow and Singapore’s PayNow.

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 regional currencies, amid the broad strength of the greenback, said Bank Negara Malaysia (BNM).

PUTRAJAYA, Nov 7 — Prime Minister Datuk Seri Anwar Ibrahim said the implementation of projects this year is better compared to last year but is still unsatisfactory.

KUALA LUMPUR, Oct 28 — A considerable number of Malaysians are still adopting a short-term mindset when it comes to financial management, according to Bank Negara Malaysia (BNM) governor Datuk Abdul Rasheed Ghaffour.

KUALA LUMPUR, Oct 3 — The ringgit remained marginally lower against the US dollar today, in line with other emerging currencies, driven by concerns over the bearish economic outlook, dealers said.

KUALA LUMPUR, Oct 3 — Banks under the ambit of the Association of Banks in Malaysia (ABM) and the Association of Islamic Banking and Financial Institutions Malaysia (Aibim) have collectively launched its refreshed #JanganKenaScam awareness campaign today.

KUALA LUMPUR, Oct 3 — Financial institutions, enforcement agencies, and regulators must embark on a collective journey that transcends borders, sectors, and ideologies to establish stringent anti-money laundering (AML) and counter-terrorism financing (CTF) protocols to reinvent trust in the context of financial crime and terrorism financing, said the Asian Institute of Chartered Bankers (AICB).

KUALA LUMPUR, Sept 27 — The National Energy Transition Roadmap (NETR) and New Industrial Master Plan (NIMP) are expected to accelerate the country’s transition and open up large investment opportunities, says Bank Negara Malaysia (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 to deliver more tangible impact, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, Sept 2 — The Yang di-Pertuan Agong Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah has told all parties to focus on the implementation of economic structural reforms and increase competitiveness to ensure more inclusive, stronger, and sustainable economic growth for Malaysia.

KUALA LUMPUR, Aug 19 — Analysts have projected Malaysia’s economy to expand between 4.0 and 4.3 per cent for 2023, and have mixed views on the overnight policy rate (OPR) following the slower-than-expected gross domestic product (GDP) growth in the second quarter (2Q) of the year.

KUALA LUMPUR, July 9 — Bank Negara Malaysia (BNM) is still maintaining its forecast for the country's gross domestic product (GDP) growth this year at between 4.0 per cent and 5.0 per cent, said newly-appointed Governor Datuk Abdul Rasheed Ghaffour.

KUALA LUMPUR, July 9 — Malaysia must stay vigilant on inflation given that core inflation is still elevated at a higher-than-usual level, according to Bank Negara Malaysia (BNM) Governor Datuk Abdul Rasheed Ghaffour.

KUALA LUMPUR, June 8 — Malaysia’s monetary policy remains accommodative of the country’s economy just not at the level required during the height of the pandemic as the gradual hike in the overnight policy rate (OPR) from its historical low of 1.75 per cent to 2.0 per cent will allow the market to...

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 real economy as it supported domestic consumptions.