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BRICS financial bloc to hold meeting on October 11- Russian Ministry

BRICS financial bloc to hold meeting on October 11- Russian Ministry

The meeting will also focus on improving international monetary and financial system, global economic prospects, BRICS countries' economies.
Mon Oct 07 2024
Malaysia’s official reserve assets at US$114.66 bln as at end-July 2024 - BNM

Malaysia’s official reserve assets at US$114.66 bln as at end-July 2024 - BNM

The net short forward positions stood at US$29.29 bln as at end-July 2024, reflecting the management of ringgit liquidity in money market.
Fri Aug 30 2024
Malaysia's official reserve assets at US$113.82 bln as at end-June 2024 - BNM

Malaysia's official reserve assets at US$113.82 bln as at end-June 2024 - BNM

BNM said for the next 12 months, the pre-determined short-term outflows of foreign currency loans, securities, and deposits.
Wed Jul 31 2024
BNM's international reserve rise to US$114.1 bln as at June 14, 2024

BNM's international reserve rise to US$114.1 bln as at June 14, 2024

Bank Negara Malaysia said the reserves position was sufficient to finance 5.5 months of imports of goods and service.
Mon Jun 24 2024
IMF, South Sudan in pact for emergency funds of $112.7 mln

IMF, South Sudan in pact for emergency funds of $112.7 mln

The International Monetary Fund and South Sudan have reached a staff-level agreement for the release of about $112.7 million in emergency financing.
Tue Nov 22 2022
Tengku Zafrul: International monetary cooperation mechanism establishment should be considered

Tengku Zafrul: International monetary cooperation mechanism establishment should be considered

Malaysia believed that the establishment of an international monetary cooperation mechanism should be considered to ensure a more effective, equitable financial system.
Sat Oct 01 2022
Malaysia proposes UN to create an international monetary cooperation mechanism

Malaysia proposes UN to create an international monetary cooperation mechanism

Malaysia has proposed for the UN member countries to establish an International Monetary Cooperation mechanism to address various economic issues, including the rising global inflation.
Fri Sep 23 2022
As global economic growth slows, will Malaysia head for a recession?

As global economic growth slows, will Malaysia head for a recession?

Supply chain disruptions, rising inflation as well as the conflict between Russia and Ukraine have raised concerns over the gloomy global economic outlook.
Thu Aug 11 2022
Sri Lanka swears in new president amid worst economic crisis in decades

Sri Lanka swears in new president amid worst economic crisis in decades

Wickremesinghe has been involved in negotiations with the International Monetary Fund for a bail out package worth up to $3 billion.
Thu Jul 21 2022
No exit from zero-COVID: China struggles to find policy off-ramp

No exit from zero-COVID: China struggles to find policy off-ramp

Kristalina Georgieva, managing director of the International Monetary Fund, called on China last week to "reassess" its approach.
Thu Jan 27 2022
Recalibrating Malaysia Beyond 2020

Recalibrating Malaysia Beyond 2020

International bodies such as the World Bank and the International Monetary Fund have revised upwards real GDP growth projections for Malaysia in 2021 up to 6.7 and 7 per cent, respectively.
Fri Mar 05 2021
Some brief musings - macroeconomic policies under & post-COVID-19

Some brief musings - macroeconomic policies under & post-COVID-19

Even the World Bank and International Monetary Fund have acknowledged that countries need to ramp up the deficit and borrow more.
Wed Feb 24 2021
Malaysia's external trade to remain modest in 2021, exports to rebound by 2.7 pct -- MITI

Malaysia's external trade to remain modest in 2021, exports to rebound by 2.7 pct -- MITI

Azmin Ali said the outlook for 2021 is expected to be better as the World Bank and International Monetary Fund (IMF) forecast.
Sat Jan 30 2021
Climate change poses 'profound threat' to global growth - IMF chief

Climate change poses 'profound threat' to global growth - IMF chief

Climate change poses a serious threat to global growth, the head of the International Monetary Fund said on Monday, urging the world's top emitters to agree on a floor for carbon prices.
Tue Oct 13 2020
Malaysia on track for economic recovery in 2021 - Tengku Zafrul

Malaysia on track for economic recovery in 2021 - Tengku Zafrul

Judging by the recent pick-up in economic performance, the minister said he was optimistic that the country's economy would rebound next year.
Sat Aug 08 2020
Sweden urges Chinese ship to return for undersea cable investigation

Sweden urges Chinese ship to return for undersea cable investigation

Two subsea cables, one linking Finland and Germany and the other connecting Sweden to Lithuania, were damaged in less than 24 hours.
Tue Nov 26 2024
[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will

[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will

It is clear that adding more lanes and highways doesn't work, because we are still attempting the same approach to solve the issue.
Tue Nov 26 2024
Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

This investment includes efforts to upgrade INOKOM's existing assembly capacity to meet Hyundai's automotive needs.
Tue Nov 26 2024
‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.
Tue Nov 26 2024
Man charged with mother's murder, storing body in freezer

Man charged with mother's murder, storing body in freezer

The court denied bail and scheduled case mention on Feb 7 for the submission of forensic, autopsy, and chemist reports.
Tue Nov 26 2024
Abolition of examination in schools to reduce pressure on pupils - Fadhlina

Abolition of examination in schools to reduce pressure on pupils - Fadhlina

The classroom assessment approach offers a much more interesting learning ecosystem, says Fadhlina Sidek.
Tue Nov 26 2024
Google, Meta urge Australia to delay bill on social media ban for children

Google, Meta urge Australia to delay bill on social media ban for children

Google and Meta says the government should wait for the results of an age-verification trial before going ahead.
Tue Nov 26 2024
Judge tosses Trump 2020 election case after prosecutors' request

Judge tosses Trump 2020 election case after prosecutors' request

It represents a big legal victory for Donald Trump, who won the Nov. 5 US election and is set to return to office on Jan. 20.
Tue Nov 26 2024
DHL plane crash in Lithuania leaves authorities searching for answers

DHL plane crash in Lithuania leaves authorities searching for answers

Rescue services said the plane hit the ground, split into pieces and slid over 100 metres (110 yards).
Tue Nov 26 2024
National squad to hold friendly matches for 2025 Indoor Hockey World Cup

National squad to hold friendly matches for 2025 Indoor Hockey World Cup

The warm-up matches will involve matches against better ranked teams in the world, namely Austria (first) and Belgium (third).
Tue Nov 26 2024