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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
BN, PH finalise cooperation ahead of Sabah polls - Zahid

BN, PH finalise cooperation ahead of Sabah polls - Zahid

Barisan Nasional (BN) and Pakatan Harapan (PH) have finalised their cooperation to face the upcoming Sabah election, expected to take place next year.
Sun Oct 27 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
Unity Government leaders congratulate Syed Hussien on Mahkota polls win

Unity Government leaders congratulate Syed Hussien on Mahkota polls win

Several top leaders from parties within the Unity Government have congratulated Barisan Nasional (BN) candidate Syed Hussien Syed Abdullah on his victory in the Mahkota state by-election today.
Sat Sep 28 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
Straight fight between BN, PN in Mahkota By-Election

Straight fight between BN, PN in Mahkota By-Election

The Mahkota state by-election on Sept 28 will feature a straight fight between candidates from Barisan Nasional (BN) and Perikatan Nasional (PN).
Sat Sep 14 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
UPNM cadet officer charged with injuring junior, stomping on him with spike boots

UPNM cadet officer charged with injuring junior, stomping on him with spike boots

A cadet officer at UPNM pleaded not guilty to a charge of injuring his junior by stomping on the victim's stomach with spike boots.
Fri Nov 22 2024
How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled

How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled

The indictment was unsealed on Nov. 20, prompting a $27 billion plunge in Adani Group companies' market value.
Fri Nov 22 2024
Elon Musk blasts Australia's planned ban on social media for children

Elon Musk blasts Australia's planned ban on social media for children

Several countries have already vowed to curb social media use by children through legislation, but Australia's policy could become one of the most stringent.
Fri Nov 22 2024
Trump picks Pam Bondi for US Attorney General after Gaetz withdraws

Trump picks Pam Bondi for US Attorney General after Gaetz withdraws

Bondi was the top law enforcement officer of the country's third most populous state from 2011 to 2019, and served on Trump's Opioid and Drug Abuse Commission during his first administration.
Fri Nov 22 2024
Ringgit extends uptrend against greenback in early trade

Ringgit extends uptrend against greenback in early trade

At 8 am, the local currency climbed to 4.4600/4700 against the greenback.
Fri Nov 22 2024
Lebanon's only burn unit treats toddlers after Israeli strikes

Lebanon's only burn unit treats toddlers after Israeli strikes

The hospital hallways echo with the screams of children as anxious parents await news from doctors.
Fri Nov 22 2024
AI revolutionising sports to develop world-class athletes

AI revolutionising sports to develop world-class athletes

Can a young Orang Asli child from Gua Musang, Kelantan be turned into an Olympic champion in 2036?
Fri Nov 22 2024
Selangor records 1,354 out-of-wedlock teen pregnancies from 2023 to Sept 2024

Selangor records 1,354 out-of-wedlock teen pregnancies from 2023 to Sept 2024

Anfaal Saari emphasises the seriousness of the issue, especially involving children and teenagers under 18 years old.
Thu Nov 21 2024
ICC issues arrest warrants for Netanyahu and Gallant

ICC issues arrest warrants for Netanyahu and Gallant

The International Criminal Court (ICC) has issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant.
Thu Nov 21 2024
Elon Musk's Neuralink receives Canadian approval for brain chip trial

Elon Musk's Neuralink receives Canadian approval for brain chip trial

The study aims to assess the safety and initial functionality of its implant which enables people with quadriplegia.
Thu Nov 21 2024