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[COLUMNIST] A simulated or guided peg - neither soft nor hard

[COLUMNIST] A simulated or guided peg - neither soft nor hard

Simulated pegging should be explored in a timely, targeted and temporary manner in tandem with further liberalisation of capital controls.
Fri Aug 04 2023
Speculative activity on ringgit rampant in offshore market - Johari

Speculative activity on ringgit rampant in offshore market - Johari

The ANZ and Macquarie Bank case is clear-cut evidence that such speculative activity is rampant in the offshore market.
Sun Nov 27 2016
Malaysia sturdy to face pressure on Ringgit

Malaysia sturdy to face pressure on Ringgit

Malaysia refused aid from IMF and unorthodox measures such as strict capital controls and pegged the Ringgit to the US Dollar at RM3.80 after it fell to an historic low of RM5.20 versus the dollar.
Sun Nov 20 2016
Malaysia won't peg ringgit, says Johari

Malaysia won't peg ringgit, says Johari

The Ministry of Finance today assured investors that Malaysia will not peg the ringgit or impose capital controls despite the recent volatility faced by the local note.
Tue Nov 15 2016
Malaysia won't peg Ringgit, impose capital controls: Najib

Malaysia won't peg Ringgit, impose capital controls: Najib

The government will not impose capital controls or implement a peg for the ringgit to the greenback, said Prime Minister Datuk Seri Najib Razak.
Thu Aug 20 2015
Malaysia suffers today because it didn't in 1990s: William Pesek

Malaysia suffers today because it didn't in 1990s: William Pesek

Malaysia's ongoing currency crash has many causes: a worsening global outlook, plunging commodity prices and the political scandal enveloping its Prime Minister. But the real culprit is the year 1997.
Tue Aug 11 2015
Greek banks shut until July 6, ATM withdrawal limit 60 euros a day

Greek banks shut until July 6, ATM withdrawal limit 60 euros a day

The decree on capital controls was meant to "protect the Greek financial system and economy due to the lack of liquidity".
Mon Jun 29 2015
Malaysia has no plan for capital controls - Chua

Malaysia has no plan for capital controls - Chua

The government has no plan to implement capital controls like during the 1997-1998 ASEAN financial crisis.
Mon Apr 13 2015
'Tough negotiations on TPPA' - Najib

'Tough negotiations on TPPA' - Najib

Datuk Seri Najib Tun Razak shares his thoughts on the TPPA, capital control, brain drain, the Umno election and more with CNBC's Martin Soong.
Sun Sep 22 2013
Malaysia will not impose capital controls, says Najib

Malaysia will not impose capital controls, says Najib

The Malaysian economy remains resilient compared to other countries in the region due to its strong reserves position.
Thu Sep 19 2013
Cypriots hoped more cash control lifted

Cypriots hoped more cash control lifted

Cypriots hoped for further relaxation of the first capital controls in the eurozone.
Sat Mar 30 2013
Euro rebounds after Cyprus banks reopen

Euro rebounds after Cyprus banks reopen

The euro bounced back Thursday as Cyprus reopened its banks amid relative calm after a nervous two-week closure and the specter of depositor losses and capital controls did not fuel panic elsewhere.
Thu Mar 28 2013
Prospect of Lebanon ceasefire leaves Gazans feeling abandoned

Prospect of Lebanon ceasefire leaves Gazans feeling abandoned

Months of US-backed Arab mediation have yet to secure a ceasefire between Israel and Hamas to end the war in Gaza.
Wed Nov 27 2024
Four bodies recovered from capsized tourist boat off Egypt's Red Sea coast

Four bodies recovered from capsized tourist boat off Egypt's Red Sea coast

The boat, the Sea Story, capsized on Monday near the Sataya Reef while carrying 31 tourists and 13 crew on a multi-day diving trip.
Wed Nov 27 2024
UTP introduced a first-of-its-kind Bachelor of Integrated Engineering with Honours

UTP introduced a first-of-its-kind Bachelor of Integrated Engineering with Honours

UTP has proudly unveiled Malaysia's first multidisciplinary engineering programme.
Wed Nov 27 2024
Biden to push for Gaza ceasefire after Israel-Lebanon deal

Biden to push for Gaza ceasefire after Israel-Lebanon deal

The US "will make another push, with Turkey, Egypt, Qatar, Israel and others, to achieve a ceasefire in Gaza," says Joe Biden.
Wed Nov 27 2024
JPS issues flood warning, 30 villages in Pasir Puteh expected to be inundated

JPS issues flood warning, 30 villages in Pasir Puteh expected to be inundated

Flooding is expected near Sungai Semerak, Pasir Puteh, affecting low-lying villages within 5km of the river, according to PRABN.
Wed Nov 27 2024
What Trump 2.0 could mean for trade, migrants, climate change and electric cars

What Trump 2.0 could mean for trade, migrants, climate change and electric cars

Here's a summary of the policies Donald Trump has said he will pursue when he takes office on Jan. 20.
Wed Nov 27 2024
UN says Taliban detained journalists over 250 times in Afghanistan since takeover

UN says Taliban detained journalists over 250 times in Afghanistan since takeover

The Taliban-led foreign ministry denies having arrested that number of journalists and added that those arrested had committed a crime.
Wed Nov 27 2024
TikTok becoming app of choice for criminals promoting investment scams - Police

TikTok becoming app of choice for criminals promoting investment scams - Police

Many users continue to be tricked and scammed even though police have repeatedly issued warnings about scams proliferating on social media.
Wed Nov 27 2024
MOE’s mental health screening identifies students with emotional challenges

MOE’s mental health screening identifies students with emotional challenges

Deputy Minister of Education says, those identified with severe emotional issues undergo screening twice a year.
Wed Nov 27 2024
Israel, Hezbollah agree to ceasefire brokered by US and France, to take effect Wednesday

Israel, Hezbollah agree to ceasefire brokered by US and France, to take effect Wednesday

Israel will gradually withdraw its forces over 60 days as Lebanon's army takes control of territory near its border with Israel to ensure that Hezbollah does not rebuild its infrastructure there.
Wed Nov 27 2024