Sunday, July 18, 2021

BNM

Semuk Mule app, website to identify scammers

KUCHING: Members of the public can now watch out for online scams via a special portal as well as using the Semak Mule mobile application. Bank Negara Malaysia (BNM) Kuching Office chief Mohd Irman Mohd Din said the special portal...

How to avoid being used as mule accounts

KUCHING: Housewives, the jobless, students and senior citizens are among the target groups who are often used as mule accounts by online financial fraud syndicates such as Macau Scam including Love Scam, Parcel Scam and so on. Bank Negara Malaysia...

BNM’S international reserves stand at $109.2 bln as at March 15, 2021

KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves stood at $109.2 billion as at March 15, 2021. In a statement today, the central bank said the reserves position is sufficient to finance 8.5 months of retained imports and is 1.2...

Bank Negara maintains OPR to sustain economic recovery efforts

KUALA LUMPUR: The decision by Bank Negara Malaysia to maintain the Overnight Policy Rate (OPR) at 1.75 per cent last week was both appropriate and accommodating in supporting economic recovery efforts amid the debilitating global pandemic. Continuing with the low-interest...

40 parties interested in BNM’s digital banking licences

KUALA LUMPUR: Some 40 parties have registered their interest with Bank Negara Malaysia (BNM) to apply for digital banking licences, its governor Datuk Nor Shamsiah Mohd Yunus said. The central bank is expected to award the licences in the first...

BNM likely to cut OPR by 25 BPS at March meeting

KUALA LUMPUR: Bank Islam Malaysia Bhd expects Bank Negara Malaysia (BNM) to cut its overnight policy rate (OPR) by 25 basis points (bps) at the upcoming Monetary Policy Meeting scheduled for March 4. Chief economist Dr Mohd Afzanizam Abdul Rashid...

BNM maintains OPR at 1.75 pct

KUALA LUMPUR: Bank Negara Malaysia (BNM) maintained the Overnight Policy Rate (OPR) at 1.75 per cent at its first Monetary Policy Committee (MPC) meeting today. In a statement today, the central bank’s MPC considered the stance of monetary policy to...

State moves towards digital banking

KUCHING: Sarawak will adopt digital banking concept to facilitate digital transactions. Chief Minister Datuk Patinggi Abang Johari Tun Openg said there would be no problem for the people to adapt to digital banking as they were familiar with e-Wallet application...

BNM’s international reserves at $105 bln as at Sept 30, 2020

KUALA LUMPUR: Bank Negara Malaysia's (BNM) international reserves amounted to US$105 billion as at Sept 30, 2020. In a statement today, BNM said the reserves level had taken into account the quarterly foreign exchange revaluation changes. It said the reserves position...

Educating loan borrowers post Covid-19

MUKAH: The Mini Job Carnival here yesterday witnessed a slight difference when it involved strategic participation from Bank Negara Malaysia (BNM) and others. Accompanying BNM were Credit Counselling and Debt Management Agency (AKPK), banks, and other financial agencies. Their participation however,...
- Advertisement -spot_img

Latest News

Floating and on-ground chalets near lake

KUCHING: A total of eight chalets are expected to be launched at Tasik Biru Resort City by the end...
- Advertisement -spot_img