Tag:BNM

Economic activity to improve in 2H 2020

KUALA LUMPUR: Malaysia's economic activity is expected to gradually improve in the second half of the year (2H 2020) after Covid-19 containment...

Standard Chartered expects another OPR cut

KUALA LUMPUR: Standard Chartered Bank expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by 50 basis points (bps) to...

‘Abolish accrued interest/profits during moratorium’

KUALA LUMPUR: Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz today urged financial institutions to consider abolishing the accrued interest (on hire...

Hire Purchase moratorium interest rate capped to contract

KUALA LUMPUR: Any additional interest that some banks may charge on the deferred payment cannot be higher than the original hire-purchase contract...

BNM’s FX reserve to ease in near term

KUALA LUMPUR: Bank Negara Malaysia’s (BNM) foreign exchange (FX) reserves is expected to ease in the immediate term due to a rise in...

BNM reaffirms commitment to ensure sufficient onshore market

KUALA LUMPUR: Bank Negara Malaysia (BNM) has reaffirmed its commitment to ensure sufficient ringgit liquidity in the onshore market. In...

Winning strategy to secure BNM’s digital banking licence

KUALA LUMPUR: To win a digital banking licence, applicants must convince Bank Negara Malaysia (BNM) that they have a winning strategy, including the...

World Bank expects Covid-19 to have impact on Malaysian GDP

KUALA LUMPUR: Malaysia’s gross domestic product (GDP) is projected to contract by 0.1 per cent to 4.6 per cent this year amid negative impact...

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The qwerty factor

All human actions have one or more of these seven causes: chance, nature, compulsions, habit,...

I’m an accidental cook

No one is born a great cook; one learns by doing.— Julia Child, American cooking...

Yes to state’s sovereign wealth fund

KUCHING: The Gabungan Parti Sarawak (GPS) state government’s plan to set up a sovereign wealth fund drew...

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The qwerty factor

All human actions have one...

I’m an accidental cook

No one is born a...