Money

Selangor gearing up for the aerospace industry

The industry has a high impact to improve the country’s vision and standards to be a highincome nation, says CEO
by SHAZNI ONG/ pic by MUHD AMIN ...

BNM launches advisory service for rejected financing applicants

MyKNP initiative will increase the awareness and credibility of financial users
by NG MIN SHEN/ pic by MUHD AMIN NAHARUL BANK Negara Malaysia (BNM) ...

Higher GDP provides boost for ringgit

The country’s economy grew 4.9% in 2Q19 on higher household spending and a turnaround of key sectors
By MARK RAO / Graphic By TMR THE ringgit spiked ...

Domestic banking sector to face ‘increasing challenges’ ahead, say experts

Moderating global economic growth will continue to ‘negatively impact business and financial market sentiment’
by NG MIN SHEN/ pic by MUHD AMIN NAHARUL ...

Public Bank 2Q earnings hit by OPR cut, warns of challenging environment

However, revenue rise 2.9%, while other operating expenses grow 6.5% in tandem with increased business activities
by NG MIN SHEN/ pic by HUSSEIN ...

Ringgit direction to hinge on key economic data

The protracted US-China trade war conditions could see a 2nd cut to BNM’s OPR
by MARK RAO/ pic by BLOOMBERG THE ringgit is expected to trade ...

Ringgit trades closer to key RM4.20 mark as currency war fear eases

According to Moody’s, continued escalation of trade tensions with the US could exert downward pressure on the yuan
By MARK RAO / Pic By TMR File THE ...

Banks to see net interest margins, earnings compressed by 3% if OPR is cut again

Global growth is expected to slow to 3.2% this year amid escalating global growth concerns
by NG MIN SHEN / graphic by TMR MALAYSIAN banks will see ...

Amid financial turmoil, is gold the answer?

Worldwide, central banks purchase gold to bolster their reserves and hedge their risks
by MARK RAO / pic by BLOOMBERG THE majority of Malaysians do ...

BNM may cut interest rates within 3-6 months amid trade uncertainties, says economist

Slowing global growth and the Fed’s dovish stance continue to strengthen the case for a reduction
by NG MIN SHEN/ pic by MUHD AMIN NAHARUL MALAYSIA ...

What a currency war means for Malaysia

The ringgit is exposed in this scenario due to its high beta to the Chinese yuan, bearing a 60% correlation to yuan weakness
By MARK RAO / Pic By MUHD ...

Outstanding loans and corporate bonds see slower growth in June

According to BNM, net financing expanded by 5.9% in June after registering at a 6.3% growth in May
by NG MIN SHEN / pic by MUHD AMIN NAHARUL NET ...