KUALA LUMPUR: Analysts are mixed in their views on Bank Negara Malaysia's (BNM) stance on the overnight policy rate (OPR) in the upcoming Monetary Policy Meeting on Wednesday.
Bank Islam Malaysia Bhd chief economist Dr Afzanizam Mohd Rashid said the...
The Gabungan Parti Sarawak (GPS) state government is in the midst of applying for a digital banking licence from Bank Negara Malaysia (BNM) as part of setting up a digital banking infrastructure for Sarawakians.
Chief Minister Datuk Patinggi Abang Johari...
KUCHING: Public Bank will reduce its base rate and base lending rate/base financing rate by 0.5 percent effective May 12.
This is in line with Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) being cut by 50 basis points (bps)...
MIRI: The federal government should allow Bank Simpanan Nasional (BSN) branches throughout the state and the country to extend their operational hours from 10am to 6pm instead of from 10am to 3pm.
In stating this, Tourism, Arts and Culture Assistant...
KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves amounted to $101.7 billion ($1 = RM4.34) as at March 31, 2020.
“The reserves position is sufficient to finance 7.7 months of retained imports and is 1.1 times total short-term external debt,”...
As the Covid-19 outbreak widens with Malaysia entering the second
wave of spread, the banks’ preparedness along with
measures undertaken by Bank Negara Malaysia (BNM) are a shot in the arm
for the Small and Medium Enterprises (SMEs) during this difficult time.
backbone of the...
Persistent economic headwinds, internal and external, will likely continue
to be major concerns for Malaysia in the first half of this year,
affecting consumer sentiment and business confidence.
note, AllianceDBS Research said these economic headwinds include
the Covid-19 outbreak and the recent political turmoil in the country.
Prime Minister Tun Dr Mahathir Mohamad today announced RM20 billion Economic
Stimulus Package to ensure risks to the economy due to Covid-19 can be
three strategies were outlined under the package, namely addressing the impact
of the disease, catalysing people-based growth,...
KUALA LUMPUR: OCBC Bank expects Malaysia’s gross domestic product (GDP) to grow between 4.2 percent and 4.4 percent this year, and the ringgit to improve to RM4.04 against the US dollar by end-2020.
Chief economist Selena Ling said the...