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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
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
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid

Israel sends more troops into north Gaza, deepens raid

Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration

Indonesia ramps up security ahead of Prabowo's inauguration

Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024