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monetary policy

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Ringgit edges higher vs US dollar after BNM holds rate at 3 pct

Ringgit edges higher vs US dollar after BNM holds rate at 3 pct

BNM held the interest rate steady as the current monetary policy stance remains supportive of the economy.
Fri Sep 06 2024
Bank Negara Malaysia keeps OPR unchanged at 3.00 pct

Bank Negara Malaysia keeps OPR unchanged at 3.00 pct

Bank Negara Malaysia said the global economy continues to expand amid resilient labour markets and continued recovery in global trade.
Thu Jul 11 2024
Bursa Malaysia starts firmer despite Wall Street's mixed performance

Bursa Malaysia starts firmer despite Wall Street's mixed performance

Investors focused on the US Federal Reserve's semi-annual testimony to assess the US economic growth and monetary policy paths.
Tue Jul 09 2024
Ringgit easier vs US dollar amid expectations of tight US monetary policy

Ringgit easier vs US dollar amid expectations of tight US monetary policy

A chief economist Dr Mohd Afzanizam Abdul Rashid said the ringgit is expected to move in a narrow range today.
Mon May 13 2024
BNM to keep OPR at 3 pct until year-end - Research firms

BNM to keep OPR at 3 pct until year-end - Research firms

BNM kept the OPR at 3.00 pct at its July 5-6 Monetary Policy Committee meeting, after raising by 25 basis points at the May 2-3 meeting.
Fri Jul 07 2023
Bank Negara maintains Overnight Policy Rate at 3.00 pct

Bank Negara maintains Overnight Policy Rate at 3.00 pct

Global growth, however, remains weighed down by persistent core inflation and higher interest rates, BNM said.
Thu Jul 06 2023
Anwar confident new Bank Negara governor can continue sustainable monetary policy

Anwar confident new Bank Negara governor can continue sustainable monetary policy

The PM has placed his full faith in Datuk Shaik Abdul Rasheed Ghaffour to face the current challenges and create a new thrust for Malaysia.
Tue Jun 20 2023
[COLUMNIST] Maintaining interest rate stability would have provided the necessary monetary policy space

[COLUMNIST] Maintaining interest rate stability would have provided the necessary monetary policy space

A pause would have provided the monetary policy space by cushioning the impact of a slowdown whilst allowing for cuts later.
Mon May 22 2023
[COLUMNIST] The Silicon Valley Bank debacle

[COLUMNIST] The Silicon Valley Bank debacle

The cause of SVB's problem is grounded in not learning from past history and a dominant paradigm that's failed time and again.
Tue Mar 21 2023
[COLUMNIST] Buy now, pay later - and forever?

[COLUMNIST] Buy now, pay later - and "forever"?

As financial services evolve, so must our mindsets.
Fri Feb 03 2023
BNM to continue adjusting OPR gradually in line with the health of economy

BNM to continue adjusting OPR gradually in line with the health of economy

BNM made no change in the OPR in its first monetary policy meeting for 2023, meeting the expectations of some economists and research houses.
Thu Jan 19 2023
Ringgit slips further against US dollar on market uncertainty

Ringgit slips further against US dollar on market uncertainty

The ringgit was traded mostly lower against a basket of major currencies this morning.
Tue Dec 13 2022
Ringgit opens flat against US dollar

Ringgit opens flat against US dollar

Diniz said that investors are beginning to wonder when the US Federal Reserve will change its monetary policy on interest rates.
Wed Dec 07 2022
[COLUMNIST] Interest rate hikes land the poor further into poverty

[COLUMNIST] Interest rate hikes land the poor further into poverty

It comes at a time when the rakyat are still feeling the pinch.
Fri Nov 04 2022
Malaysia's low inflation rate driven by govt's proactive measures - Nanta

Malaysia's low inflation rate driven by govt's proactive measures - Nanta

The country's low inflation rate is driven by the government's initiatives and proactive measures in providing subsidies and ensuring Keluarga Malaysia members are not overly burdened.
Tue Oct 04 2022
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