News about BNM

KUALA LUMPUR (March 30): The number of unsold houses remained elevated in the third quarter of 2021 despite some improvements in activity in the residential property market, said Bank Negara Malaysia (BNM).

KUALA LUMPUR (March 30): Against the backdrop of low interest rates domestically and globally, there have been limited signs of credit-fuelled speculative investments in the housing market, according to Bank Negara Malaysia (BNM).

KUALA LUMPUR (Nov 19): i-Serve Online Mall Sdn Bhd has requested that Bank Negara Malaysia (BNM) clarify “vague and factually incorrect” statements in a press release issued by the Central Bank on Monday (Nov 15) regarding the joint enforcement action on the company.

KUALA LUMPUR (Nov 12): Bank Negara Malaysia (BNM) said Malaysia is not facing stagflation, with the central bank pointing out that economic growth is expected to accelerate in 2022.

KUALA LUMPUR (Nov 3): The Monetary Policy Committee (MPC) of Bank Negara Malaysia (BNM) during the MPC’s final 2021 meeting on Wednesday (Nov 3) decided to maintain the overnight policy rate (OPR) at 1.

KUALA LUMPUR (Oct 14): Bank Negara Malaysia (BNM) welcomes the Financial Management & Resilience Programme (URUS) by Agensi Kaunseling dan Pengurusan Kredit (AKPK) and the banking industry, which seeks to aid B50 borrowers with performing loans who have lost their jobs or who are experiencing income loss of at least 50%.

KUALA LUMPUR (Oct 7): Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) at 1.

KUALA LUMPUR (Sept 30): Despite various extensions of rental relief, up to half of mall operators reported significant difficulties collecting rents from their tenants in the first half of 2021 (1H21), according to Bank Negara Malaysia (BNM).

KUALA LUMPUR (Sept 29): Malaysia’s overall household debt-to-gross domestic product (GDP) ratio improved to 89.

KUALA LUMPUR (Sept 29): First-time buyers of affordable residential property continued to support house prices in Malaysia in the first half of 2021 (1H21) despite the housing market reversing improvements observed in 2H20 as the effects of the positive response to various homeownership incentives introduced by the government subsided.