KUALA LUMPUR (Nov 13): While more states have been placed under the conditional movement control order (CMCO), Bank Negara Malaysia is expecting a sustained recovery in private consumption.
KUALA LUMPUR (Nov 13): The country’s gross domestic product (GDP) is expected to recover in 2021 and to grow in the range of 6.
KUALA LUMPUR (Nov 13): Bank Negara Malaysia (BNM) governor Datuk Nor Shamsiah Yunus (pictured) said with the new statutory debt level of 60%, the government still has additional fiscal space in the event further support is needed to be lent out to the economy.
KUALA LUMPUR (Nov 3): Bank Negara Malaysia (BNM) has decided to maintain the Overnight Policy Rate (OPR) at 1.
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.