KUALA LUMPUR (Oct 14): Despite the expected weakening in financial health among non-financial corporates (NFCs) due to the Covid-19 pandemic, the aggregate indicator of the debt- servicing capacity of NFCs has remained above the prudent threshold, reflecting the reasonably healthy financial conditions prior to the pandemic, according to Bank Negara Malaysia's (BNM) Financial Stability Review for the first half of 2020 (1H20).
KUALA LUMPUR (Oct 14): Household loan impairments are projected to double, albeit from historically low levels, said Bank Negara Malaysia (BNM) in its latest Financial Stability Review.
PETALING JAYA (Sept 30): As Malaysia transitions into targeted repayment assistance following the end of the six-month blanket loan moratorium today, about 500,000 applications for repayment assistance have been received, said Bank Negara Malaysia (BNM).
KUALA LUMPUR (Sept 18): Despite the salary increase in 2019, workers remain in dire straits and the worst is yet to come, said Malaysian Trade Union Congress (MTUC) secretary-general J Solomon.
KUALA LUMPUR (Sept 11): Bank Negara Malaysia (BNM) did not cut the overnight policy rate (OPR) in yesterday's Monetary Committee Meeting (MPC), keeping the rate at 1.
KUALA LUMPUR (Sept 10): Bank Negara Malaysia (BNM)’s Monetary Policy Committee has decided to maintain the overnight policy rate (OPR) at 1.
KUALA LUMPUR (Aug 15): A lawyer who was acting on behalf of former Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi (pictured) told the court yesterday that he did not have reason to flag cheques bearing a cumulative amount of RM76.
KUALA LUMPUR (Aug 14): Malaysia’s gross domestic product (GDP) contracted by 17.
KUALA LUMPUR (Aug 12): Banks in the country are capable of extending the targeted moratorium period from October to December 2020, as they have adequate buffers.