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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
Move to repatriate foreign earnings by GLC, GLIC has paid off - BNM Governor

Move to repatriate foreign earnings by GLC, GLIC has paid off - BNM Governor

The ringgit has appreciated by approximately 1.8 per cent against the US dollar, BNM governor Datuk Abdul Rasheed Ghaffour.
Wed Mar 20 2024
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
Ex-BNM governor: Malaysia needs to relook at existing taxation system

Ex-BNM governor: Malaysia needs to relook at existing taxation system

Malaysia needs to relook at its existing taxation system in order to have a more comprehensive and equitable system, said former Bank Negara Malaysia (BNM) Governor Tan Sri Muhammad Ibrahim.
Thu Dec 15 2022
Teh Hong Piow a giant within the banking fraternity - Former BNM governor

Teh Hong Piow a giant within the banking fraternity - Former BNM governor

Public Bank Bhd founder Tan Sri Teh Hong Piow, who died today at the age of 92, was a giant within the banking fraternity, said former Bank Negara Malaysia (BNM) governor Tan Sri Muhammad Ibrahim.
Mon Dec 12 2022
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
Zeti to testify in Najib's 1MDB trial, court told

Zeti to testify in Najib's 1MDB trial, court told

Former BNM governor Tan Sri Dr Zeti Akhtar Aziz will be called as a prosecution witness in Najib Razak's 1MDB trial.
Tue Oct 11 2022
Zeti knew Najib was to receive US$100 million from Saudi Arabia - Witness

Zeti knew Najib was to receive US$100 million from Saudi Arabia - Witness

The High Court was told that BNM governor Dr Zeti Akhtar Aziz knew Najib Razak would receive a US$100 million contribution from Saudi Arabia.
Tue Oct 04 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 governor exchanges views with Singapore DPM on economic, financial developments

BNM governor exchanges views with Singapore DPM on economic, financial developments

Nor Shamsiah has exchanged views with Singapore's Deputy Prime Minister and Minister of Finance Lawrence Wong on economic and financial developments.
Mon Sep 05 2022
Couple and associate charged with trafficking 51.9 kg of meth

Couple and associate charged with trafficking 51.9 kg of meth

A married couple and a man were charged in the Magistrate's Court here today with trafficking 51.974 kilogrammes of Methamphetamine.
Fri Nov 22 2024
PDRM to consult AGC in completing Teoh Beng Hock investigation

PDRM to consult AGC in completing Teoh Beng Hock investigation

The police may seek new testimony from existing witnesses for additional insights into the investigation of Teoh Beng Hock's death.
Fri Nov 22 2024
Thai court rejects petition over ex-PM Thaksin's political influence

Thai court rejects petition over ex-PM Thaksin's political influence

Thailand's Constitutional Court rejects a petition seeking to stop Thaksin Shinawatra from interfering in the running the Pheu Thai party.
Fri Nov 22 2024
Abidin takes oath of office as Sungai Bakap assemblyman

Abidin takes oath of office as Sungai Bakap assemblyman

The State Assemblyman for Sungai Bakap, Abidin Ismail, was sworn in today at the State Assembly building, Lebuh Light.
Fri Nov 22 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