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BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
BNM: Existing mega projects will continue to support Malaysia's economic growth in 2025

BNM: Existing mega projects will continue to support Malaysia's economic growth in 2025

Datuk Seri Abdul Rasheed Ghaffour says the govt secured investments totalling RM330 bln in 2023 and RM160 bln in the first half of 2024.
Fri Nov 15 2024
Strong investments, exports drive Malaysia's third quarter GDP growth to 5.3 per cent

Strong investments, exports drive Malaysia's third quarter GDP growth to 5.3 per cent

BNM says exports continue to strengthen on the back of recovering external demand and positive spillovers from the global tech upcycle.
Fri Nov 15 2024
TikTok gives assurance to cooperate with MCMC, BNM to address cyberbullying, scams

TikTok gives assurance to cooperate with MCMC, BNM to address cyberbullying, scams

TikTok has also expressed its commitment to supporting Malaysia's efforts as the Chair of ASEAN in 2025, he added.
Thu Nov 14 2024
BNM unveils key principles to harness Islamic finance for economic growth

BNM unveils key principles to harness Islamic finance for economic growth

The forum aims to enhancing branding appeal and reaching out to Islamic finance leaders in the Asia-Pacific region.
Tue Nov 05 2024
Strong economic fundamentals driving ringgit's growth - BNM Governor

Strong economic fundamentals driving ringgit's growth - BNM Governor

Datuk Seri Abdul Rasheed said Malaysia's projected economic growth rate of 4.0-5.0 per cent for this year is also a positive factor.
Thu Oct 03 2024
BNM issues commemorative coins  to mark Sultan Ibrahim's installation as 17th King

BNM issues commemorative coins to mark Sultan Ibrahim's installation as 17th King

The coins will be available in three denominations and will be available for purchase through BNM's online system.
Wed Oct 02 2024
Malaysia's official reserve assets at US$116.77bil as at end-August 2024 - BNM

Malaysia's official reserve assets at US$116.77bil as at end-August 2024 - BNM

According to Bank Negara Malaysia, projected foreign currency inflows amount to US$2.58 billion in the next 12 months.
Mon Sep 30 2024
US rate cut, Malaysia's structural reforms and economic outlook fuelling ringgit recovery - BNM

US rate cut, Malaysia's structural reforms and economic outlook fuelling ringgit recovery - BNM

Datuk Seri Abdul Rasheed said Malaysia's positive economic outlook and structural reforms are also propelling the ringgit's rise.
Fri Sep 20 2024
Malaysia, Cambodia enable instant cross-border QR payments - BNM

Malaysia, Cambodia enable instant cross-border QR payments - BNM

BNM says consumers and merchants in both countries will be able to make and receive instant cross-border QR payments under this initiative.
Thu Sep 19 2024
BNM unlikely to follow US Fed rate cut, eyes domestic and global conditions

BNM unlikely to follow US Fed rate cut, eyes domestic and global conditions

Dr. Mohd Afzanizam said Malaysia's open economy is highly sensitive to external factors like international trade and capital flows.
Thu Sep 19 2024
Ringgit edges higher vs US dollar after BNM holds rate at 3 pct

Ringgit edges higher vs US dollar after BNM holds rate at 3 pct

BNM held the interest rate steady as the current monetary policy stance remains supportive of the economy.
Fri Sep 06 2024
BNM to maintain OPR at 3.00 pct through year-end and 2025 - Economists

BNM to maintain OPR at 3.00 pct through year-end and 2025 - Economists

Dr Mohd Afzanizam Abdul Rashid said the OPR is deemed to be supportive of Malaysia's economic growth and positive for the ringgit.
Thu Sep 05 2024
Malaysia’s official reserve assets at US$114.66 bln as at end-July 2024 - BNM

Malaysia’s official reserve assets at US$114.66 bln as at end-July 2024 - BNM

The net short forward positions stood at US$29.29 bln as at end-July 2024, reflecting the management of ringgit liquidity in money market.
Fri Aug 30 2024
Malaysia's official reserve assets at US$113.82 bln as at end-June 2024 - BNM

Malaysia's official reserve assets at US$113.82 bln as at end-June 2024 - BNM

BNM said for the next 12 months, the pre-determined short-term outflows of foreign currency loans, securities, and deposits.
Wed Jul 31 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024
Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM

Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM

Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year.
Fri Nov 22 2024
Saudi Arabia showcases Vision 2030 goals at Airshow China 2024

Saudi Arabia showcases Vision 2030 goals at Airshow China 2024

For the first time, Saudi Arabia is participating in the China International Aviation & Aerospace Exhibition held recently in Zhuhai.
Fri Nov 22 2024
King Charles' coronation cost GBP 71mil, govt accounts show

King Charles' coronation cost GBP 71mil, govt accounts show

The coronation of Britain's King Charles cost taxpayers GBP72 million (US$90 million), official accounts have revealed.
Fri Nov 22 2024