Malaysia on November 7 launched a new investment portal, "InvestMalaysia," designed to serve as a one-stop gateway for investors seeking information about Malaysia, attract global investors, and strengthen the country's position as an investment destination.
Despite the recent re-imposition of nationwide pandemic containment measures by the federal government, the central bank of Malaysia (BNM) maintained its growth projection for the local economy at between 6 percent and 7.5 percent in 2021.
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 has set up a special committee to probe matters relating to the state fund 1Malayia Development Berhad (1MDB), announced the country’s Council of Eminent Persons on May 17.
The Central Bank of Malaysia (BNM) initiated a policy compelling digital currency exchangers to report their activities, reported The Star newspaper on December 15.
The Central Bank of Malaysia (BNM) has announced that as of October 14, the country’s foreign currency reserves reached 405.6 billion ringgit (97.32 billion USD).
The Government of Malaysia’s bonds owned by foreign investors, which shrank last September, may have another drop when withdrawals continue, Malaysia’s The Star newspaper reported on October 14.
The Malaysian government on July 13 decided to lower the basic interest rate for the first time in seven years in the context of its economy struggling with weak exports and uncertain global economic
