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Ex-BNM governor: Malaysia needs to relook at existing taxation system

Ex-BNM governor: Malaysia needs to relook at existing taxation system

Malaysia needs to relook at its existing taxation system in order to have a more comprehensive and equitable system, said former Bank Negara Malaysia (BNM) Governor Tan Sri Muhammad Ibrahim.
Thu Dec 15 2022
Teh Hong Piow a giant within the banking fraternity - Former BNM governor

Teh Hong Piow a giant within the banking fraternity - Former BNM governor

Public Bank Bhd founder Tan Sri Teh Hong Piow, who died today at the age of 92, was a giant within the banking fraternity, said former Bank Negara Malaysia (BNM) governor Tan Sri Muhammad Ibrahim.
Mon Dec 12 2022
BNM raises interest rates to 3.25 percent

BNM raises interest rates to 3.25 percent

At the Monetary Policy Committee (MPC) meeting today, Bank Negara Malaysia decided to increase the Overnight Policy Rate (OPR) by 25 basis points to 3.25 percent.
Thu Jan 25 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
Charge for online instant transfer to be waived next year

Charge for online instant transfer to be waived next year

This is to encourage more people to utilise digital payment platforms.
Fri Dec 08 2017
Nomura Research not bullish on Malaysian banks

Nomura Research not bullish on Malaysian banks

Nomura Research places Malaysian banks to be the least attractive among key Southeast Asian banks. They placed the Philippines' banks, Thailand, Indonesia, Singapore and Malaysia in that order
Tue Nov 21 2017
Oversupply of office space could be worse than Asian financial crisis - BNM

Oversupply of office space could be worse than Asian financial crisis - BNM

In the quarterly bulletin published by BNM, the paper entitled "Imbalances in the Property Market" also spells out an oversupply in the office space as well.
Fri Nov 17 2017
BNM seeks more focused delivery of mandates under Malaysian development financial institutions

BNM seeks more focused delivery of mandates under Malaysian development financial institutions

BNM is planning to work with the leadership of local financial institutions and other stakeholders in government to address a more focused delivery of mandates.
Tue Sep 19 2017
Malaysia's economy likely to grow higher in 2017, target to be revised

Malaysia's economy likely to grow higher in 2017, target to be revised

Malaysia's economy is expected to record a higher growth this year, exceeding the initial target of between 4.3 per cent and 4.8 per cent on the back of the strong first-half performance,
Fri Aug 18 2017
Strengthened transparency framework to come in force on Jan 1 - BNM Governor

Strengthened transparency framework to come in force on Jan 1 - BNM Governor

The introduction of the framework was to reiterate the central bank's seriousness in upholding ethical standards and integrity.
Sat May 13 2017
Allocation for training in banking industry still below global benchmark

Allocation for training in banking industry still below global benchmark

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.
Tue Apr 18 2017
Challenging 2017 but a better global environment - BNM Governor

Challenging 2017 but a better global environment - BNM Governor

"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.
Thu Mar 23 2017
Malaysian economy to expand btw 4.3-4.8 pct this year, says BNM Governor

Malaysian economy to expand btw 4.3-4.8 pct this year, says BNM Governor

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.
Thu Mar 23 2017
5 facts about BNM's Annual Report, Financial Stability and Payment Systems 2016

5 facts about BNM's Annual Report, Financial Stability and Payment Systems 2016

Bank Negara Malaysia today released the Financial Stability and Payment Systems Report 2016
Thu Mar 23 2017
Bank Negara to work closer with regional central banks

Bank Negara to work closer with regional central banks

Governor Datuk Muhammad Ibrahim said the central bank had long been a strong supporter of financial economic integration in ASEAN and Asia.
Fri Dec 23 2016
'No one will win a trade war,' China says after Trump tariff threat

'No one will win a trade war,' China says after Trump tariff threat

Donald Trump says he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States.
Tue Nov 26 2024
What has caused Pakistan's deadly clashes between police and supporters of Imran Khan?

What has caused Pakistan's deadly clashes between police and supporters of Imran Khan?

Topping the demands of Khan's Pakistan Tehreek-e-Insaf (PTI) party is the release of all its leaders, including Khan, who has been jailed on a series of corruption charges since August 2023.
Tue Nov 26 2024
One woman or girl killed every 10 minutes by intimate partner or family member - UN

One woman or girl killed every 10 minutes by intimate partner or family member - UN

The report highlights that "60 per cent of all female homicides" are committed by "people closely related to them".
Tue Nov 26 2024
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