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 from a decrease of 3.4 per cent in the preceding quarter with improvement seen in all economic sectors.

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 per cent in 2021, Bank Negara Malaysia said today.

KUALA LUMPUR, May 11 — The ringgit is expected to remain exposed to periods of heightened volatility as uncertainties remain on the momentum of the global and domestic economic recovery, said Bank Negara Malaysia governor Datuk Nor Shamsiah Mohd Yunus.

KUALA LUMPUR, April 30 — Bank Negara Malaysia (BNM) has appointed Abd Rahman Abu Bakar as assistant governor effective May 1.

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 contraction of 5.6 per cent in 2020, supported by domestic factors such as consumption and a brighter external environment fuelled by vaccine rollout.

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 market, which remains worrisome amid the new norms, Bank Negara Malaysia (BNM) Governor Datuk Nor Shamsiah Mohd Yunus said.

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 year due to a lower base from low fuel prices in the corresponding quarter of 2020, and average to between 2.5 per cent and 4.0 per cent for 2021.

KUALA LUMPUR, Feb 11 — An automatic blanket moratorium would not be in the best interest of the economy and the people (rakyat), said Bank Negara Malaysia governor Datuk Nor Shamsiah Mohd Yunus.

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 plan and several reform initiatives that include the establishment of a medium-term revenue strategy and formulation of the Fiscal Responsibility Act.

KUALA LUMPUR, Feb 11 — Some 40 parties have registered their interest with Bank Negara Malaysia (BNM) to apply for digital banking licences, its governor Datuk Nor Shamsiah Mohd Yunus said.

KUALA LUMPUR, Nov 16 — The Malaysian banking sector has been proactive in addressing the effects of Covid-19.

KUALA LUMPUR, Nov 13 (Bernama) -- The Malaysian banking sector has been proactive in addressing the effects of Covid-19.

KUALA LUMPUR, Oct 6 — Bank Negara Malaysia (BNM) will soon finalise a “Climate Change and Principles-based Taxonomy” to help align understanding and assessments of risk, says governor Datuk Nor Shamsiah Mohd Yunus.

KUALA LUMPUR, Sept 8 — Clouded by the fragile global economic situation resulted from the Covid-19 pandemic, the Malaysian banking sector has shown a subdued performance but remains resilient and continues to generate profit.