News about Bank Negara

KUALA LUMPUR (Nov 1): Someone in Bank Negara Malaysia (BNM) “obviously knows” what happened to the RM2 billion paid by the central bank to purchase a parcel of land from the finance ministry, said Prime Minister Tun Dr Mahathir Mohamad yesterday.

  KUALA LUMPUR (Nov 1): Bank Negara Malaysia (BNM), which is under the purview of finance ministry (MoF), has yet to close the chapter on the RM2.

KUALA LUMPUR (Oct 31): Four Bank Negara Malaysia (BNM) officials have been told to go on leave pending investigations into the January purchase of land valued at RM2 billion.

KUALA LUMPUR (Oct 17): Bank Negara Malaysia (BNM) governor Datuk Seri Nor Shamsiah Mohd Yunus has said Asian countries facing increased market volatility need the option to use capital controls to pre-empt financial crises.

PETALING JAYA (Oct 15): The National House Buyers Association (HBA) has called upon the Real Estate and Housing Developers Association (Rehda) to redefine its “outright unrealistic” definition of affordable housing, according to a New Straits Times report.

PETALING JAYA (Oct 9): Bank Negara Malaysia (BNM) is proposing a more flexible loan package with flexible interest rates and an extended maximum loan tenure for affordable home buyers, said Housing and Local Government Minister Zuraida Kamaruddin.

PETALING JAYA (Sept 29): The only way developers can bring property prices down is by cutting their profit margins, said a property industry observer.

KUALA LUMPUR (Sept 26): It looks like the local property market is still not out of the woods, just yet.

KUALA LUMPUR (Sept 18): Consumer spending — which accelerated during the tax holiday period from June to September that saw a mad rush for automotive purchases — is expected to decline from the fourth quarter (4Q18) onwards following the implementation of the sales and service tax (SST) on Sept 1, say economists.

BEIJING (Aug 20): Malaysia and China's friendly long-term diplomatic ties are "far more important than the current problems" between the two nations, said China's Premier Li Keqiang.