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Bank loan repayment deferment from 1 April

Local banks will be offering moratorium or a temporary postponement of repayments for up to six months to individual and small medium industry borrowers in facing this difficult period.

Lowest in 10 years, Malaysian economy grew 4.3% in 2019

The Malaysian economy had recorded the lowest growth of the decade with 4.3 percent in 2019. The Gross Domestic Product (GDP) for the third quarter in 2019 rose to 3.6 percent, the lowest position in 41 months.

Malaysia to impose cash transaction limit of RM25,000 starting next year

Malaysia is planning to impose a cash transaction limit (CTL) of RM25,000 starting next year to further strengthen the country’s financial integrity and curb illicit activities

People saved the economy – Mohamad

The 2019 second quarter (Q2) economic and financial developments report issued by Bank Negara Malaysia (BNM) shows that the government did not contribute to the national economic growth at all.

Malaysian economy grew by 4.5% in Q1 2019

The national economy grew by 4.5 percent in the first quarter of 2019 and private sector activity remained the key driver of growth -BNM

Harapan Coin: BNM, SC why keep quiet?

Datuk Seri Najib Razak questioned Bank Negara Malaysia (BNM) and the Securities Commission Malaysia (SC) for not issuing any consumer alert and investigate on the mastermind behind the Harapan Coin cryptocurrency.

Muhammad was investigated by MACC

The former Governor of Bank Negara Malaysia (BNM), Tan Sri Muhammad Ibrahim was investigated by the Malaysian Anti-Corruption Commission (MACC) on the RM2 billion purchase of land of the Ministry of Finance.

BNM international reserves at US$104.2 billion as at 15 Aug

Bank Negara Malaysia’s (BNM) international reserves amounted to US$104.2 billion as at 15 August compared to US$104.5 billion on 31 July 2018.

No concrete reasons from the Governor – PM

Prime Minister Tun Dr Mahathir Mohamad confirmed that he has received the resignation letter from the Governor of Bank Negara Malaysia (BNM), Tan Sri Muhammad Ibrahim.

Short-term rates to remain steady

Short-term rates are expected to remain steady today on Bank Negara Malaysia´s (BNM) operations to absorb surplus liquidity from the financial system.