Malaysia does not practise unfair currency practices, says BNM
KUALA LUMPUR (May 29): Bank Negara Malaysia (BNM) said Malaysia supports free and fair trade, and does not practise unfair currency practices.
OPR reduction a good move to stimulate property market, says consultant
PETALING JAYA (May 7): The reduction of the overnight policy rate (OPR) by Bank Negara Malayisa (BNM) today is a good move to stimulate the economy and the property market, said real estate consultant and CEO of Zerin Properties Previndran Singhe.
BNM cuts OPR to 3%, first revision in over a year
KUALA LUMPUR (May 7): Bank Negara Malaysia (BNM) has reduced its key interest rate to 3%, marking the first time it has revised the rate in more than a year.
Najib-SRC trial: Two BNM teams raided AmBank Raja Chulan in July 2015
KUALA LUMPUR (April 16): There were at least two teams involved in the Bank Negara Malaysia (BNM) raid on the AmBank branch along Jalan Raja Chulan on July 6, 2015 which acquired information on bank accounts related to former prime minister Datuk Seri Najib Razak and SRC International Sdn Bhd.
Bank Negara's claim about falling entry-level wages puts employers in 'bad light' — MEF
KUALA LUMPUR (March 29): The Malaysian Employers Federation (MEF) said today that its survey data, on which Bank Negara Malaysia had used in an analysis and concluded wages for fresh graduates across all qualification categories have fallen between 2010-2018, actually showed that the reverse is true.
Heavy reliance on cheap foreign labour hinders productivity and wage growth, says BNM
KUALA LUMPUR (March 29): Cheap available foreign labour is the big stumbling block that has hindered the growth of the country’s productivity and wages.
No deflation in Malaysia, no recession in US — BNM governor
KUALA LUMPUR (March 28): Bank Negara Malaysia’s (BNM) governor Datuk Nor Shamsiah Mohd Yunus (pictured) brushed aside growing concern about deflation arising from the drop in Consumer Price Index for two consecutive months.
OPR cut does not mean dimmer growth prospects
KUALA LUMPUR (March 28): Bank Negara Malaysia (BNM) governor Datuk Nor Shamsiah Mohd Yunus says that any adjustments to the overnight policy rate (OPR) do not suggest that there are risks to domestic economic growth.
Malaysian workers expected to see salary growth of between 4.9% and 5.4% in 2019
KUALA LUMPUR (March 28): Bank Negara Malaysia does not foresee any turbulence in the labour market this year, as it expects continued employment and income growth, underpinned by the steady expansion of the services and manufacturing sectors.
Malaysian employees are not being paid enough, BNM says
KUALA LUMPUR (March 27): Malaysians are not being paid enough for the level of productivity they are producing, with many of the country’s workers underpaid, said Bank Negara Malaysia (BNM).
