Keyword: "Bank Negara Malaysia"

31 Result

Malaysian government strives to strengthen value of local currency

Malaysian government strives to strengthen value of local currency

The clarity of policies including for the Madani economy framework that anchor the comprehensive restructuring of the Malaysian economy, the National Energy Transition Roadmap (NETR), and the New Industrial Master Plan 2030 (NIMP 2030) can help in attracting investments and strengthening the value of the ringgit (MYR), Prime Minister Anwar Ibrahim said at the Dewan Rakyat (lower house) on October 10.
Malaysia works to escape middle-income trap

Malaysia works to escape middle-income trap

Malaysia’s Madani Economy policy plan requires determination and implementation to free the country from the middle-income trap and head towards a high-income country, said Bank Negara Malaysia (BNM).
Malaysia’s GDP growth eases in Q2

Malaysia’s GDP growth eases in Q2

Malaysia's gross domestic product (GDP) grew by 2.9% year-on-year in the second quarter of this year, mostly thanks to improving labour market, continued increase in domestic demand and higher tourism activities, said Governor of the Bank Negara Malaysia Datuk Shaik Abdul Rasheed Abdul Ghaffour.
Malaysia committed to strengthening domestic currency

Malaysia committed to strengthening domestic currency

The Malaysian government remains committed to implementing policies that can bolster the nation’s economic growth and competitiveness to attract funds that will strengthen the international reserves and the ringgit.
Malaysia: Low-income households hard hit by inflation

Malaysia: Low-income households hard hit by inflation

Malaysia's economy is on a recovery path, but ongoing inflation is inflicting hardship on certain segments, including low-income households who have been disproportionately affected by rising price pressures, said Bank Negara Malaysia (BNM).
Singapore, Malaysia facilitate borderless payment

Singapore, Malaysia facilitate borderless payment

The Monetary Authority of Singapore (MAS) and the Bank Negara Malaysia (BNM) plan to begin a phased linkage of Malaysia’s DuitNow and Singapore’s PayNow real-time payment systems in late 2022.
Malaysia sees signs of economic recovery in second quarter

Malaysia sees signs of economic recovery in second quarter

The Malaysian government will decide whether to revise its growth target of between 6 percent and 7.5 percent this year based on the gross domestic product (GDP) performance for the second quarter, as the economy is seeing signs of recovery, said an official.
Malaysia works to ensure economic recovery

Malaysia works to ensure economic recovery

Malaysian Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said on June 10 that the Government will do its best to curb the COVID-19 pandemic and ensure that economic recovery will continue, starting from the second half of this year.
Malaysia reduces interest rates to record low

Malaysia reduces interest rates to record low

Malaysia's central bank on July 7 reduced its interest rates to a record low to fight the impact of the COVID-19 pandemic, and warned that the pace of economic recovery was uncertain.
Malaysia may cut key interest rate again

Malaysia may cut key interest rate again

After the Malaysian central bank (BNM)’s second overnight policy rate (OPR) cut on March 3, economists said that it will decide to shave off the key rate again and the cut will happen as early as May.