KUALA LUMPUR (Aug 14): Malaysia’s gross domestic product (GDP) contracted by 17.
KUALA LUMPUR (July 29): The loan repayment flexibility will be opened for application from Aug 7, 2020, Bank Negara Malaysia (BNM) (pictured) announced today.
KUALA LUMPUR (July 24): Bank Negara Malaysia (BNM) has told analysts that upon expiry of the loan repayment moratorium by end-September 2020, banks in the country will not extend the scheme but will continue to offer targeted financial assistance in the form of restructuring and rescheduling (R&R) to borrowers who continue to face repayment issues.
SEREMBAN (July 10): Property developer Matrix Concepts Holdings Bhd said today it is confident of surpassing its sales target of RM1.
KUALA LUMPUR (July 8): Hong Leong Investment Bank Research (HLIB) is not discounting the possibility that Bank Negara Malaysia (BNM) will cut the overnight policy rate (OPR) by another 25 basis points (bps) to 1.
KUALA LUMPUR (July 8): Bank Negara Malaysia's (BNM) decision to cut the overnight policy rate (OPR) by 25 basis points (bps) to 1.
KUALA LUMPUR (July 7): Will the overnight policy rate (OPR) dip below 2%? Both households and business owners are waiting to see if Bank Negara Malaysia at its Monetary Policy Committee meeting today will trim OPR further to stimulate growth in current economic trying times.
KUALA LUMPUR (June 25): Malaysia recorded yet another deflation in May — the third monthly deflation in a row — but this is no reason for Bank Negara Malaysia to further cut the Overnight Policy Rate (OPR), said economists.
KUALA LUMPUR (June 12): Marzunisham Omar was today named as a deputy governor of Bank Negara Malaysia (BNM) for a three-year term, effective June 15.