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[COLUMNIST] BRICS' currency dilemma: A necessary quality leap beyond the dollar

[COLUMNIST] BRICS' currency dilemma: A necessary quality leap beyond the dollar

It is important to note that earlier MCC-based systems were often undermined by those in control of existing international banking system.
Mon Sep 16 2024
[COLUMNIST] Exploring an alternative payment settlements system

[COLUMNIST] Exploring an alternative payment settlements system

The Asean version combines the best of both worlds, i.e., both SWIFT and TARGET2.
Thu Apr 13 2023
Malaysia's banking system remained well-capitalised in 2H22 - BNM

Malaysia's banking system remained well-capitalised in 2H22 - BNM

The report said returns on assets and equity of the banking system correspondingly improved to 1.4 per cent and 12.4 per cent respectively.
Wed Mar 29 2023
BNM: Malaysia's banking system continues to maintain healthy liquidity

BNM: Malaysia's banking system continues to maintain healthy liquidity

The banking system continued to maintain healthy liquidity and funding positions, recording an aggregate liquidity coverage ratio of 148.4 pct.
Fri Jul 29 2022
[COLUMNIST] Food security is not for everyone under the present system

[COLUMNIST] Food security is not for everyone under the present system

The debt burden that arises in society is directly from the operation of the banking system that supplies the debt.
Fri Jun 10 2022
Move by Bank Negara not to peg the ringgit pragmatic

Move by Bank Negara not to peg the ringgit pragmatic

Bank Negara Malaysia's move not to peg the ringgit despite the Malaysian currency's present weakness is bold and pragmatic given the well-capitalised banking system.
Sun May 15 2022
BNM: Malaysia's banking system remains well-positioned to support economic recovery

BNM: Malaysia's banking system remains well-positioned to support economic recovery

Malaysia's banking system remains well-positioned to support economic recovery, said Bank Negara Malaysia (BNM).
Fri Apr 29 2022
Inflation - An inevitability in a debt-based system using fiat money

Inflation - An inevitability in a debt-based system using fiat money

Controlling inflation can be tricky when the monetary system uses fiat money because of the ability of the modern banking system to create currency out of thin air when lending money.
Wed Feb 09 2022
Banks disburse RM120 billion for SMEs in H1 2020 - BNM

Banks disburse RM120 billion for SMEs in H1 2020 - BNM

The banking system as a whole disbursed RM120 billion in lending and financing to small and medium enterprises (SMEs) in the first half (H1) of 2020.
Wed Oct 14 2020
Nomura Research not bullish on Malaysian banks

Nomura Research not bullish on Malaysian banks

Nomura Research places Malaysian banks to be the least attractive among key Southeast Asian banks. They placed the Philippines' banks, Thailand, Indonesia, Singapore and Malaysia in that order
Tue Nov 21 2017
Zahid: Islamic banking assets now at 27 PCT of Malaysia total banking system

Zahid: Islamic banking assets now at 27 PCT of Malaysia total banking system

Islamic banking assets now stand at 27 per cent of Malaysia's total banking system, while Takaful penetration amounts to 14.8 per cent of the population, said Datuk Seri Ahmad Zahid Hamidi.
Mon Nov 21 2016
Saudi Arabia tells foreign banks to publicly disclose finances

Saudi Arabia tells foreign banks to publicly disclose finances

Saudi Arabia is telling international banks to publicly disclose financial statements for the first time as the kingdoms regulator seeks to boost transparency.
Sun Mar 20 2016
Sale of energy assets by 1MDB has no impact on market, says Zeti

Sale of energy assets by 1MDB has no impact on market, says Zeti

Zeti said Malaysia's banking system was sound and solid with huge capital buffer and low impaired loan of 1.5 per cent.
Tue Dec 01 2015
MAS: Singapore banks face risk from weaker credit, FX moves

MAS: Singapore banks face risk from weaker credit, FX moves

Weaker corporate balance sheets and currency market volatility pose risks to Singapore lenders, though the local banking system remains resilient, the Monetary Authority of Singapore said Friday.
Fri Nov 27 2015
Banking system well-capitalised, reports steady profit amidst competition

Banking system well-capitalised, reports steady profit amidst competition

As at end August 2015, 3 main indicators -- the common equity tier 1 (CET1), tier 1 capital ratio and total capital ratio -- stood at 12.1 percent, 12.7 percent and 14.8 percent, respectively.
Fri Oct 23 2015
Indonesia's free meals plan in the spotlight as Prabowo readies for office

Indonesia's free meals plan in the spotlight as Prabowo readies for office

Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Sat Oct 19 2024
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Sat Oct 19 2024
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Sat Oct 19 2024
Liam Payne's ex-partner calls for media restraint after 'painful' death

Liam Payne's ex-partner calls for media restraint after 'painful' death

Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Sat Oct 19 2024
Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Sat Oct 19 2024
Biden offers both a carrot and a stick to Israel as his term nears an end

Biden offers both a carrot and a stick to Israel as his term nears an end

Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Sat Oct 19 2024
Putin says BRICS will generate most of global economic growth

Putin says BRICS will generate most of global economic growth

Russian President Vladimir Putin will host a summit of the group in the city of Kazan on Oct. 22-24.
Sat Oct 19 2024
ISIS Malaysia's perspective of Budget 2025

ISIS Malaysia's perspective of Budget 2025

An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024