News about Bank Negara Malaysia

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.

KUALA LUMPUR (July 24): Bank Negara Malaysia (BNM) has told analysts that upon expiry of the loan repayment moratorium by end-September 2020, banks in the country will not extend the scheme but will continue to offer targeted financial assistance in the form of restructuring and rescheduling (R&R) to borrowers who continue to face repayment issues.

  KUALA LUMPUR (July 18): The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) has expressed its concerns to Bank Negara Malaysia (BNM) over the upcoming expiry of the six-month loan moratorium at end-September 2020.

  SEREMBAN (July 10): Property developer Matrix Concepts Holdings Bhd said today it is confident of surpassing its sales target of RM1.

KUALA LUMPUR (July 8): Hong Leong Investment Bank Research (HLIB) is not discounting the possibility that Bank Negara Malaysia (BNM) will cut the overnight policy rate (OPR) by another 25 basis points (bps) to 1.