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Police bust international investment scam syndicate, arrest 49 individuals

Police bust international investment scam syndicate, arrest 49 individuals

Police said the online investment scam syndicate targeting Europeans has been active for six months.
Fri Feb 16 2024
Govt not planning to peg the ringgit - Steven Sim

Govt not planning to peg the ringgit - Steven Sim

The national economy and financial system were now on a stronger footing to face global financial market volatility and forex movements.
Wed Nov 01 2023
Sri Lanka to restrict fuel imports for next 12 months

Sri Lanka to restrict fuel imports for next 12 months

Due to Forex issues, fuel imports has to be restricted in the next 12 months, Kanchana Wijesekera said.
Tue Jul 26 2022
Ringgit opens higher against US dollar

Ringgit opens higher against US dollar

Stephen Innes expects the ringgit to be confined to a tight range and the Asian forex exchanges to remain in a wait-and-see mode.
Mon May 30 2022
'Datuk' among 10 individuals arrested over bogus forex investment scheme

'Datuk' among 10 individuals arrested over bogus forex investment scheme

Police arrested 10 individuals, including a man carrying the title 'Datuk', for their suspected involvement in fraudulent forex investment schemes in five states on Saturday.
Wed Jan 05 2022
USD/MYR, where to? South, North, or should we rather see a choppy trend?

USD/MYR, where to? South, North, or should we rather see a choppy trend?

Technical analysis of the historical moves of USD/MYR pair in various time frames reveals few possibilities.
Wed Feb 24 2021
Mule account: 10 arrested for manipulating ATM cards of victims - Bukit Aman

Mule account: 10 arrested for manipulating ATM cards of victims - Bukit Aman

The syndicate uses bank accounts of low-income individuals for illegal activities such as investment fraud and other scams.
Tue Nov 24 2020
Money laundering suspects also involved in Forex investment fraud - Bukit Aman

Money laundering suspects also involved in Forex investment fraud - Bukit Aman

Investigations involving the syndicate will be continued by the Commercial Crime Investigation Department, Special Branch and Bukit Aman.
Wed Oct 21 2020
BNM policy normalization should favor the ringgit - Analyst

BNM policy normalization should favor the ringgit - Analyst

There is also the reminder that both the US Dollar and the Japanese Yen are still dominating the forex market currently. Innes says that "both currency pairs are steering FX markets right now".
Wed Jan 17 2018
BNM establishes currency framework with Bank Indonesia, Bank of Thailand

BNM establishes currency framework with Bank Indonesia, Bank of Thailand

The new frameworks will better facilitate trade and investments between Malaysia, Indonesia and Thailand.
Mon Dec 11 2017
Qatar's World Cup construction boom a gold mine for Malaysia

Qatar's World Cup construction boom a gold mine for Malaysia

Qatar is needing a lot of materials for its construction projects for the 2022 World Cup... materials that Malaysia can provide.
Mon Oct 16 2017
RCI into BNM forex losses to present  report to King today

RCI into BNM forex losses to present report to King today

The RCI secretary in a notice said commission chairman Tan Sri Mohd Sidek Hassan would meet the King at Istana Negara between 5pm and 6pm.
Fri Oct 13 2017
Proposal to transfer TNB shares to BNM, RCI told

Proposal to transfer TNB shares to BNM, RCI told

Datuk Othman Jusoh said the proposal was raised in the discussion on Nov 21, 1994 to assist BNM cover its RM2.68 billion losses in forex.
Mon Sep 18 2017
Sometimes I overlooked, says Dr Mahathir

Sometimes I overlooked, says Dr Mahathir

Dr Mahathir said that in reply to Conducting Officer Datuk Suhaimi Ibrahim, who suggested that Dr Mahathir was a perfectionist and meticulous person who would pay great attention to a problem.
Mon Sep 18 2017
Nor Mohamed did not give detailed info on BNM forex transactions - Anwar

Nor Mohamed did not give detailed info on BNM forex transactions - Anwar

Datuk Seri Anwar Ibrahim today told the Royal Commission of Inquiry into Bank Negara Malaysia's (BNM) foreign exchange (forex) losses that the central bank's former adviser Tan Sri Nor Mohamed Yakcop.
Thu Sep 07 2017
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
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024