BNM seen maintaining OPR at 1.75% until mid-2022 — SERC
KUALA LUMPUR (Oct 7): Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) at 1.
Pressure on office and retail rents to remain as vacancy rates rise — BNM
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).
Malaysia’s household debt-to-GDP ratio improves to 89.6% at end-June
KUALA LUMPUR (Sept 29): Malaysia’s overall household debt-to-gross domestic product (GDP) ratio improved to 89.
First-time buyers continued to support house prices in 1H21 — BNM
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.
BNM launches Malaysia Overnight Rate as new alternative reference rate in M'sia
KUALA LUMPUR (Sept 24): Bank Negara Malaysia (BNM) has launched the Malaysia Overnight Rate (MYOR) as the new alternative reference rate (ARR) for Malaysia, as part of a transition to transaction-based rates.
Interest Rate Waiver: Imperative that short-term relief measures do not incur long-term damage to economy — BNM
KUALA LUMPUR (Sept 24): It is “imperative that short-term relief measures do not incur significant long-term damage to the economy”, emphasized Bank Negara Malaysia (BNM).
Finance Minister: Malaysia on recovery path supported by reopening of economy
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.
Some economists still holding out hope for above 4% full-year GDP growth
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.
BNM: Malaysia's 2Q21 GDP grew 16.1% y-o-y
KUALA LUMPUR (Aug 13): The Malaysian economy grew by 16.
Borrowers should engage with banks to seek right advice on repayment assistance — BNM Governor
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).
