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Anwar confident new Bank Negara governor can continue sustainable monetary policy

Anwar confident new Bank Negara governor can continue sustainable monetary policy

The PM has placed his full faith in Datuk Shaik Abdul Rasheed Ghaffour to face the current challenges and create a new thrust for Malaysia.
Tue Jun 20 2023
Abdul Rasheed Ghaffour appointed Malaysia central bank governor

Abdul Rasheed Ghaffour appointed Malaysia central bank governor

Abdul Rasheed Ghaffour takes over from Nor Shamsiah Mohd Yunus, who has served as governor since 2018.
Fri Jun 09 2023
BNM declares Malaysia's economy no longer in crisis after 5.6 per cent expansion in first quarter

BNM declares Malaysia's economy no longer in crisis after 5.6 per cent expansion in first quarter

Tan Sri Nor Shamsiah Mohd Yunus said the growth in 2023 will continue to be supported by further expansion of household spending and continued investment activity.
Fri May 12 2023
Malaysia on track for 4-5 per cent GDP growth this year, BNM not revising target

Malaysia on track for 4-5 per cent GDP growth this year, BNM not revising target

Bank Negara Malaysia Governor Tan Sri Nor Shamsiah Mohd Yunus said the growth would be anchored by firm domestic demand amid a challenging global environment.
Fri May 12 2023
Malaysian banks remain resilient, Credit Suisse incident unlikely to happen here - BNM Governor

Malaysian banks remain resilient, Credit Suisse incident unlikely to happen here - BNM Governor

Nor Shamsiah said the banking sector maintains healthy levels of capital and liquidity buffers.
Wed Mar 29 2023
Malaysia not going into recession, growth set to continue in 2023 - BNM governor

Malaysia not going into recession, growth set to continue in 2023 - BNM governor

Nor Shamsiah said Malaysia is unlikely to go into a recession this year as sustained domestic demand and spending are set to continue anchoring growth.
Fri Feb 10 2023
BNM governor Nor Shamsiah mum on reappointment

BNM governor Nor Shamsiah mum on reappointment

Tan Sri Nor Shamsiah Mohd Yunus, whose contract expires this year, is silent about being reappointed as Bank Negara Malaysia (BNM) governor.
Fri Feb 10 2023
OPR decisions are based on domestic economic environment - BNM governor

OPR decisions are based on domestic economic environment - BNM governor

Nor Shamsiah today stressed that any decision on the OPR would not be solely in tandem with other central banks but rather more focused on the domestic economic environment.
Fri Feb 10 2023
Malaysia Q4 GDP up 7% on year earlier, above forecast

Malaysia Q4 GDP up 7% on year earlier, above forecast

Gross domestic product for all of 2022 had been 8.7% higher than in 2021.
Fri Feb 10 2023
Exchange rate not a barometer of health for Malaysia's economy - BNM Governor

Exchange rate not a barometer of health for Malaysia's economy - BNM Governor

Nor Shamsiah said year-to-date, the ringgit has depreciated by 11.2 per cent against the greenback, in line with regional trends.
Fri Nov 11 2022
Malaysia not expecting recession in 2023 - BNM Governor

Malaysia not expecting recession in 2023 - BNM Governor

Nor Shamsiah said Malaysia has started to see signs of demand-driven inflation amid a high deposit environment.
Fri Nov 11 2022
BNM: Islamic financial sector must continue to advance amid global challenges

BNM: Islamic financial sector must continue to advance amid global challenges

Nor Shamsiah said VBI has become more entrenched in the corporate value intent and business strategies of Islamic financial institutions.
Wed Oct 05 2022
Malaysia's economy not in crisis, growth trajectory remains positive - BNM Governor

Malaysia's economy not in crisis, growth trajectory remains positive - BNM Governor

The Malaysian economy is not in a crisis and its growth trajectory remains positive, but the country needs to reform to become an innovation-based economy.
Mon Oct 03 2022
There is more to the country's economy, not just the Ringgit - BNM Governor

There is more to the country's economy, not just the Ringgit - BNM Governor

The governor said Malaysia has a strong external position with more foreign currency assets than foreign currency liabilities.
Mon Oct 03 2022
BNM unveils new measures to strengthen safeguards against financial scams

BNM unveils new measures to strengthen safeguards against financial scams

BNM today announced five additional security measures to be taken by financial institutions in a bid to strengthen safeguards against financial scams, especially online ones.
Mon Sep 26 2022
China promises Latin America 'trustworthy' ties as Trump lays out demands

China promises Latin America 'trustworthy' ties as Trump lays out demands

Beijing looks to improve its foothold in a region historically under the US sphere of influence.
Thu Feb 20 2025
Major risks loom as Trump upends US Russia policy

Major risks loom as Trump upends US Russia policy

Washington's approach changes dramatically with the initial meeting between US and Russian negotiators.
Thu Feb 20 2025
Pope Francis has double pneumonia, complicating his treatment, Vatican says

Pope Francis has double pneumonia, complicating his treatment, Vatican says

Doctors say a polymicrobial infection occurs when two or more micro-organisms are involved and can be caused by bacteria, viruses, or fungi.
Thu Feb 20 2025
Philippines' VP Duterte challenges impeachment before Supreme Court

Philippines' VP Duterte challenges impeachment before Supreme Court

Sara Duterte makes her first legal move to fight the case that could lead to her removal and lead to a lifetime ban from public office.
Wed Feb 19 2025
Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch

Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch

I feel so full of life, so much energy, because everything's new and I'm just focused on what is up ahead, Hamilton says.
Wed Feb 19 2025
UAE tells US' Rubio it rejects displacement of Palestinians

UAE tells US' Rubio it rejects displacement of Palestinians

The UAE's stance matters as its one of four Arab nations that normalised ties with Israel during Trumps first term.
Wed Feb 19 2025
Taylor Swift wins recording artist of the year crown for fifth time

Taylor Swift wins recording artist of the year crown for fifth time

The megastar's "The Tortured Poets Department" record also topped four IFPI charts, the IFPI says.
Wed Feb 19 2025
More than $50 billion needed to rebuild Gaza, World Bank joint assessment says

More than $50 billion needed to rebuild Gaza, World Bank joint assessment says

Years of rebuilding work, including clearing unexploded ordinance and millions of tonnes of rubble lie ahead.
Wed Feb 19 2025
Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew

Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew

Liew Chin Tong says the restrictions would not affect the development of the domestic data centre ecosystem as a whole.
Wed Feb 19 2025
Sweden's top court rejects Greta Thunberg lawsuit on climate action

Sweden's top court rejects Greta Thunberg lawsuit on climate action

A court cannot decide that the parliament or the government must take any specific action, the Supreme Court says.
Wed Feb 19 2025