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The Malaysian banking industry, on average, only allocated around three per cent of employee payroll for their annual training expenditure, said Bank Negara Malaysia Governor Datuk Muhammad Ibrahim.

"The only certainty (for the world economy now) is more uncertainty in 2017," said BNM Governor Datuk Muhammad Ibrahim who amazed many with his witty humour for someone who is known to be serious.

The country's economy is projected to expand between 4.3 and 4.8 per cent this year driven by domestic demand and support from the external sector, says BNM Governor Datuk Muhammad Ibrahim.

Governor Datuk Muhammad Ibrahim said the central bank had long been a strong supporter of financial economic integration in ASEAN and Asia.

Najib, who is also Finance Minister, says he had talked to Bank Negara Malaysia Governor Datuk Muhammad Ibrahim on the performance of the ringgit.

The Malaysian economy has expanded by 4.3 per cent in the third quarter of 2016, said Bank Negara Malaysia (BNM) Governor Datuk Muhammad Ibrahim.

Bank Negara Malaysia will not peg the ringgit despite the recent volatility the currency has been facing due to external enviroment, Governor Datuk Muhammad Ibrahim announced today.

BNM has concluded its investigation into 1Malaysia Development Bhd following the payment of a compound by the company, said Governor Datuk Muhammad Ibrahim.

Bank Negara Malaysia Governor Datuk Muhammad Ibrahim expressed confidence today that the government will honour all its debt obligations.

Datuk Muhammad Ibrahim's first official event attracted huge interest from the media seeking his comments on current issues, hoping to find a governor whose views might differ from his predecessor's.

Datuk Muhammad Ibrahim is apparently of the opinion that if the steps had not been taken, the country might have faced the same fate as Greece.

Today, 29th April, marks the last day of service for the Governor of Bank Negara Malaysia (BNM), Tan Sri Dr Zeti Akhtar Aziz.

Datuk Muhammad Ibrahim has been appointed as the new Governor of Bank Negara Malaysia (BNM) for a five-year period beginning May 1, 2016.

The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.

Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.

The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.

Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.

Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.

Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.

Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.

Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.

Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.

Russian President Vladimir Putin will host a summit of the group in the city of Kazan on Oct. 22-24.