Asian financial crisis

This means that one of the critical tasks facing the new administration is to revive and increase FDI inflows.

BNM expects the economy to rebound by 6 pct to 7.5 pct this year, on improving export demand and a pick up in investment and production.

Malaysia's worst economic slump since the Asian financial crisis in 1998, a sharp decline from the 0.7% growth of the first quarter.

James Hay lost his job as a stockbroker during the 1998 Asian Financial Crisis. He then dumped all the cash he had in a few stocks and left backpacking for a year.

In the quarterly bulletin published by BNM, the paper entitled "Imbalances in the Property Market" also spells out an oversupply in the office space as well.

The Ringgit has become one of region's best-performing currencies and this is exactly twenty years after the Asian Financial Crisis.

Rating agencies fail to note that Bank Negara was among the first central banks to diversify its foreign reserves into instruments from within the ASEAN region.

Bank Negara Malaysia (BNM) is not concerned over the possible downgrade to "junk status" by Credit-Default-Swap (CDS) Traders as the downgrade was not by a ratings agency.

The ringgit hit the 4.3900 level at mid-morning for the first time since the Asian financial crisis 17 years ago.

Prime Minister Datuk Seri Najib Tun Razak says the country is in a stronger position as compared to during the Asian financial crisis in 1997.

The ringgit continued its decline in early trade today, breaching the 4.24 level to the dollar for the first time since the Asian financial crisis 17 years ago.

The ringgit closed 0.7 per cent lower against the US dollar today, hitting the 3.96 level per dollar on Tuesday.

Malaysias ringgit posted the biggest two-day decline since the 1997-98 Asian financial crisis and stocks slumped on concern a protracted slide in crude will erode the oil-exporting nations revenue.

Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz said Bank Negara's tough measures had saved the country from financial crises.

It is clear that adding more lanes and highways doesn't work, because we are still attempting the same approach to solve the issue.

This investment includes efforts to upgrade INOKOM's existing assembly capacity to meet Hyundai's automotive needs.

'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.

The court denied bail and scheduled case mention on Feb 7 for the submission of forensic, autopsy, and chemist reports.

The classroom assessment approach offers a much more interesting learning ecosystem, says Fadhlina Sidek.

Google and Meta says the government should wait for the results of an age-verification trial before going ahead.

It represents a big legal victory for Donald Trump, who won the Nov. 5 US election and is set to return to office on Jan. 20.

Rescue services said the plane hit the ground, split into pieces and slid over 100 metres (110 yards).

The warm-up matches will involve matches against better ranked teams in the world, namely Austria (first) and Belgium (third).

The United States, part of the G7, has rejected the ICC decision, with President Joe Biden describing it as outrageous.