1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- Bank Negara Malaysia’s (BNM) Financial Markets Committee (FMC) continues to monitor the domestic financial market conditions amidst key global developments, namely the outcome of the recent US election and concerns surrounding China’s economic growth prospects.
1y ago
KUALA LUMPUR, Nov 18 (Bernama) -- The government, through the Ministry of Investment, Trade and Industry (MITI), will soon release the findings of a report examining the impact of excess capacity from China, particularly in the iron and steel sector.
1y ago
KUALA LUMPUR, Nov 15 (Bernama) -- Malaysia’s removal from the United States Treasury’s (Treasury) monitoring list indicated that the country’s economic and foreign exchange policies are now viewed as balanced and transparent, said an economist.
1y ago
KUALA LUMPUR, Nov 15 (Bernama) -- Bank Negara Malaysia (BNM) welcomed Malaysia’s removal from a US currency manipulation watch list, affirming the ringgit’s market-driven status.
1y ago
KUALA LUMPUR, Nov 13 (Bernama) -- Malaysia’s cross-border renewable energy auction for Singapore’s energy importer, under Energy Exchange Malaysia (ENEGEM), will begin by year-end, Deputy Prime Minister Datuk Seri Fadillah Yusof said.
1y ago
KUALA LUMPUR, Nov 11 (Bernama) -- The government aims to reduce the fiscal deficit to three per cent in the medium term, as outlined in the MADANI Economy framework and the Public Finance and Fiscal Responsibility Act 2023 (Act 850).
1y ago
KUALA LUMPUR, Nov 7 (Bernama) -- Malaysia would be wise to prepare contingency measures in anticipation of potential US policy shifts and targeted tariffs under a Trump 2.0 administration, said SPI Asset Management managing partner Stephen Innes.
1y ago
KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.00 per cent at its meeting today.
1y ago
KUALA LUMPUR, Nov 5 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has completed the reissuance of an aggregate US$1.31 billion (US1=RM4.34) short-term sukuk with tenors of one month, three months, and six months.
1y ago
KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit’s value is still strong amid recent market developments and adjustments, with the local note rising by 5.03 per cent against the US dollar as at Nov 4, 2024.
1y ago
KUALA LUMPUR, Nov 2 (Bernama) -- The Kita Peduli mySalam Carnival held at a shopping centre in Klang today received a positive response, attracting 5,000 visitors, according to Great Eastern Takaful Berhad (GETB) in a statement.
1y ago
KUALA LUMPUR, Oct 26 (Bernama) -- Malaysia, as a small and open economy, needs to ensure that it is well-prepared and has the necessary buffers to face the changing global economic environment, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.