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capital control

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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
The scamdemic targeting the young and vulnerable

The scamdemic targeting the young and vulnerable

Teenagers and young adults are becoming prime targets for a new wave of cyber scams, a trend raising alarm bells across Southeast Asia.
Sat Nov 23 2024
Japanese manicurist takes on plastic pollution, one nail at a time

Japanese manicurist takes on plastic pollution, one nail at a time

Before global leaders address plastic pollution, a Japanese manicurist highlights the issue by incorporating it into her nail designs.
Sat Nov 23 2024
What to watch for ahead of US presidential inauguration

What to watch for ahead of US presidential inauguration

Here's a timeline of events between now and inauguration day.
Sat Nov 23 2024
The battle to reduce road deaths

The battle to reduce road deaths

In Malaysia, over half a million road accidents have been recorded so far this year.
Sat Nov 23 2024
Pro-Palestinian NGOs seek court order to stop Dutch arms exports to Israel

Pro-Palestinian NGOs seek court order to stop Dutch arms exports to Israel

The Dutch state, as a signatory to the 1948 Genocide Convention, has a duty to take all reasonable measures at its disposal to prevent genocide.
Sat Nov 23 2024
How quickly can Trump's Musk-led efficiency panel slash US regulations?

How quickly can Trump's Musk-led efficiency panel slash US regulations?

Moves by Trump and his appointees to eliminate existing rules will be met with legal challenges, as many progressive groups and Democratic officials have made clear.
Sat Nov 23 2024
2TM: Consultations on PTPTN loans, admission to IPTA at MOHE booth

2TM: Consultations on PTPTN loans, admission to IPTA at MOHE booth

Consultations on PTPTN loans and admission to IPTA are among services provided at the Higher Education Ministry booth.
Sat Nov 23 2024
Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily

Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily

Almost 200 residents from 60 homes in Kampung Tanjung Kala have ended up stuck when their 200-metre (m) long concrete bridge flooded.
Sat Nov 23 2024
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024