KUALA LUMPUR, June 10 — Datuk Shaik Abdul Rasheed Abdul Ghaffour is the right and most suitable candidate to be the leader of the nation’s central bank, said former Bank Negara Malaysia (BNM) governor Tan Sri Muhammad Ibrahim.
KUALA LUMPUR, June 9 — Bank Negara Malaysia (BNM) today announced the Yang di-Pertuan Agong has consented to appoint Datuk Shaik Abdul Rasheed Abdul Ghaffour as governor for a five-year term effective July 1, 2023 to June 30, 2028.
KUALA LUMPUR, June 8 — Macro policies such as the overnight policy rate (OPR) must be adjusted in line with the strengthening economy, said Bank Negara Malaysia (BNM) Governor Tan Sri Nor Shamsiah Mohd Yunus.
KUALA LUMPUR, May 12 — Malaysia’s gross domestic product (GDP) is set to moderate to 4.2 per cent in 2023 amid external headwinds and tightening of monetary policy in many economies, said MIDF Research.
KUALA LUMPUR, May 12 — Bank Negara Malaysia’s announcement that the economy is no longer in crisis and continues to gain strength is a big lift to sentiment three years since the outbreak of the pandemic.
KUALA LUMPUR, May 12 — Stage Two loans in Malaysia had improved during the first quarter of 2023 (1Q 2023), declining to five per cent as more borrowers successfully transitioned out of repayment assistance programmes, said Bank Negara Malaysia (BNM) governor Tan Sri Nor Shamsiah Mohd Yunus.
KUALA LUMPUR, May 12 — Malaysia is on track to achieve its gross domestic product (GDP) growth target of between four and five per cent this year, said Bank Negara Malaysia (BNM).
KUALA LUMPUR, May 12 — Bank Negara Malaysia (BNM) governor Tan Sri Nor Shamsiah Mohd Yunus has denied that the increase in the overnight policy rate (OPR) has led to a rise in bankruptcies.
KUALA LUMPUR, May 12 — Malaysia's economy picked up in the first quarter buoyed by firm domestic demand, central bank and government data showed on Friday.
KUALA LUMPUR, April 3 — The Communications and Digital Ministry (KKD) is committed to continue working together with Bank Negara Malaysia (BNM) to curb fraud in the financial sector.
KUALA LUMPUR, April 3 — Bank Negara Malaysia (BNM) will assess the impact of raising the overnight policy rate (OPR) by 100 basis points (bps) in 2022 on the Malaysian economy before taking any further action, said assistant governor Fraziali Ismail.
KUALA LUMPUR, March 31 — Bank Negara Malaysia (BNM) and the Monetary Authority of Singapore (MAS) have launched a cross-border QR code payment linkage between Malaysia and Singapore.
KUALA LUMPUR, March 29 — The following are the highlights from Bank Negara Malaysia (BNM) Annual Report 2022, Financial Stability Review for the second half of 2022 (2H 2022), as well as Economic and Monetary Review 2022 released today: Malaysia’s economy is expected to grow between four and...
KUALA LUMPUR, March 29 — The Monetary Policy Committee’s (MPC) monetary policy considerations will focus on managing inflation risks while supporting sustainable economic growth in 2023, said Bank Negara Malaysia (BNM).
KUALA LUMPUR, Feb 10 — Tan Sri Nor Shamsiah Mohd Yunus is silent about being reappointed as Bank Negara Malaysia (BNM) governor.
KUALA LUMPUR, Feb 10 — Bank Negara Malaysia (BNM) governor Tan Sri Nor Shamsiah Mohd Yunus today stressed that any decision on the overnight policy rate (OPR) would not be solely in tandem with other central banks but rather more focused on the domestic economic environment.
KUALA LUMPUR, Feb 10 — Malaysia's economy in the fourth quarter grew 7 per cent from a year earlier on continued expansion in domestic demand and resilient demand in electrical and electronics goods, Bank Negara Malaysia (BNM) Governor Tan Sri Nor Shamsiah Mohd Yunus said today.
KUALA LUMPUR, Oct 3 — The Malaysian economy is not in a crisis and its growth trajectory remains positive, but the country needs to reform to become an innovation-based economy, said Bank Negara Malaysia (BNM).
KUALA LUMPUR, Oct 3 — The ringgit’s performance against the United States (US) dollar alone is not a reflection of the state of the economy and is only one indicator among many, Bank Negara Malaysia’s (BNM) Governor Tan Sri Nor Shamsiah Mohd Yunus said.
KUALA LUMPUR, Oct 3 — There is no need to hoard or frontload US dollar purchases as while the current depreciation of the ringgit is due to the strength of the US dollar, corporate Malaysia can help in maintaining orderly market conditions by taking actions which do not exacerbate the situation, said Bank Negara Malaysia (BNM) Governor Tan Sri Nor Shamsiah Mohd Yunus.
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