KUALA LUMPUR (March 3): Bukit Aman (pictured) said today that it has begun investigations into Datuk Dr Tawfiq Ayman for allegedly receiving funds linked to 1Malaysia Development Berhad (1MDB) in a Singapore bank account under his name.
KUALA LUMPUR (March 3): HSBC Global Research, which earlier projected a cut in the Overnight Policy Rate (OPR) in the first quarter of 2021, is now of the view that Bank Negara Malaysia (BNM) is likely to keep the rate unchanged at 1.
KUALA LUMPUR (Feb 11): Blanket loan moratorium is not the remedy to the current economic problems.
KUALA LUMPUR (Feb 4): Bank Negara Malaysia (BNM) is unlikely to cut its overnight policy rate (OPR) any further from the current 1.
KUALA LUMPUR (Jan 18): In an instant reaction to Prime Minister Tan Sri Muhyiddin Yassin’s RM15 billion economic stimulus package announcement today, Bank Negara Malaysia (BNM) said loan takers can request repayment moratorium and that their Central Credit Reference Information System report will not be affected at a time when the nation contends with the economic impact of the Covid-19 pandemic.
KUALA LUMPUR (Jan 15): DBS Group Research is predicting Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by another 25 basis points (bps), which would bring the interest rate to a new low of 1.
KUALA LUMPUR (Dec 24): Bank Negara Malaysia (BNM) has advised the public to exchange their defaced currency notes, tampered coins and demonetised currencies at any financial institutions.
KUALA LUMPUR (Dec 2): Eligible small and medium-sized enterprises (SMEs) can apply for financing for working capital purposes of up to RM500,000 for a tenure of up to seven years including a repayment moratorium of at least six months, said Bank Negara Malaysia (BNM).
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.