News about Bank Negara

  KUALA LUMPUR: Bank Negara Malaysia (BNM) plans to demolish its mint — Kilang Wang Bank Negara Malaysia building — in Persiaran Selangor, Shah Alam, and redevelop the site as part of its mint modernisation project.

  KUALA LUMPUR (Aug 13): After the aggressive interest rate cuts last week by a handful of Asian central banks that surprised the markets, there is strong expectation that more countries will follow suit in the coming months.

KUALA LUMPUR (Aug 5): Further escalation on trade tensions between the US and China could prompt Bank Negara Malaysia (BNM) to cut interest rates again as early as November — bringing them down to levels not seen since March 2011 — to mitigate any impact on domestic growth, said Hong Leong Investment Bank (HLIB).

KUALA LUMPUR (Aug 3): A further reduction in interest rate by the US Federal Reserve in the second half of the year (2H2019) will provide more room for Bank Negara Malaysia (BNM) to adjust the overnight policy rate (OPR) downward again, says Malaysian Rating Corp Bhd (MARC).

  KUALA LUMPUR (Aug 3): Eight premises related to Magmatrans (M) Sdn Bhd, Vonstar Resources Sdn Bhd and Vonstar Sdn Bhd in the Klang Valley and Penang were raided during a joint operation involving Bank Negara Malaysia (BNM), the Royal Malaysia Police and the Immigration Department Malaysia yesterday.

  PETALING JAYA (July 27): Using information from the National Property Information Centre (Napic) and Bank Negara Malaysia, The Edge Malaysia reported in its latest issue that home prices in Kuala Lumpur have contracted for three consecutive quarters year on year.

KUALA LUMPUR (July 25): While the escalating trade tension between the US and China will moderate Malaysia’s economic growth, it will not cause a global economic recession next year, said Bank Negara Malaysia (BNM).

  KUALA LUMPUR (July 24): While the worsening trade tension between the US and China will moderate Malaysia's economic growth, it will not cause a global economic recession next year, according to Bank Negara Malaysia (BNM).

  KUALA LUMPUR (July 9): Bank Negara Malaysia's (BNM) monetary policy committee (MPC) has at its meeting today decided to maintain the overnight policy rate (OPR) at 3%.

KUALA LUMPUR (July 9): Bank Negara Malaysia (BNM) is unlikely to cut interest rate when the monetary policy committee meets today.