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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
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Sat Oct 19 2024
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Sat Oct 19 2024
Liam Payne's ex-partner calls for media restraint after 'painful' death

Liam Payne's ex-partner calls for media restraint after 'painful' death

Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Sat Oct 19 2024
Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Sat Oct 19 2024
Biden offers both a carrot and a stick to Israel as his term nears an end

Biden offers both a carrot and a stick to Israel as his term nears an end

Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Sat Oct 19 2024
Putin says BRICS will generate most of global economic growth

Putin says BRICS will generate most of global economic growth

Russian President Vladimir Putin will host a summit of the group in the city of Kazan on Oct. 22-24.
Sat Oct 19 2024
ISIS Malaysia's perspective of Budget 2025

ISIS Malaysia's perspective of Budget 2025

An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024