KUALA LUMPUR (Sept 9): The Malaysian economy is now on the path to recovery supported by the reopening of more economic sectors and it is estimated to chart better growth for 2022, said Minister of Finance Tengku Datuk Seri Zafrul Tengku Abdul Aziz.
KUALA LUMPUR (Aug 16): Despite Bank Negara Malaysia’s (BNM) move to slash growth forecast for 2021 to the 3% to 4% range, some economists are still holding out hope for growth to come in above 4% this year.
KUALA LUMPUR (May 11): Loan moratorium may not be the best solution for all borrowers as they should engage with banks to seek the right advice to suit the borrowers’ circumstances and best interest, according to Bank Negara Malaysia (BNM) Governor Datuk Nor Shamsiah Mohd Yunus (pictured).
KUALA LUMPUR (May 7): Bank Negara Malaysia kept the overnight policy rate (OPR) pat at its historic low of 1.
KUALA LUMPUR (April 30): Bank Negara Malaysia (BNM) has appointed Abd Rahman Abu Bakar (pictured) as assistant governor, effective May 1.
KUALA LUMPUR (April 1): The unconditional withdrawals under the Employees Provident Fund’s (EPF) i-Sinar facility is expected to provide an immediate positive impact to the economy in terms of consumption, said Bank Negara Malaysia (BNM) deputy governor Datuk Abdul Rasheed Ghaffour.
KUALA LUMPUR (March 31): Bank Negara Malaysia (BNM) said online retail sales almost doubled during the Covid-19 pandemic, demonstrating rapid growth of the digital economy as a contributor to the country’s growth.
KUALA LUMPUR (March 30): Bank Negara Malaysia (BNM) said today that private consumption growth stood at 4.