Posts Tagged ‘Bank Negara Malaysia’

New taxes could lead to capital outflow, says finance minister

Decision to not introduce new taxes, or raise existing ones on the rich are advised by BNM and SC as it might bring ‘shock to the system’, says Lim
By ...

BNM keeps OPR at 3.25%

By TMR / Pic By AFP
Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has maintained the Overnight Policy Rate (OPR) at 3.25%, while ...

BNM reviews controversial RM2b land purchase

Officers involved in the deal opt to take a leave of absence pending the probe
By NG MIN SHEN / Pic By MUHD AMIN NAHARUL The central bank has embarked ...

Lower cash threshold report won’t hit banks badly, says analyst

Banking processes have already been digitalised and automated, hence do not necessarily require more staff or incur higher costs
By NG MIN SHEN / Pic ...

Banks to flag cash transactions exceeding RM25k starting 2019

Persistency of cash among the public and SMEs remains high, says BNM governor Nor Shamsiah
By NG MIN SHEN / Pic By ISMAIL CHE RUS Bank Negara Malaysia ...

Affin issues RM800m sukuk murabahah

By TMR
Affin Bank Bhd’s wholly owned subsidiary Affin Islamic Bank Bhd has issued T2 sukuk murabahah with a nominal value of RM800 million under the ...

BNM’s foreign reserves at US$102.8b as at Oct 15

By BERNAMA / Pic By MUHD AMIN NAHARUL
Bank Negara Malaysia’s (BNM) international reserves amounted to US$102.8 billion (RM421.48 billion) as at Oct 15, ...

Oh chairs Labuan FSA

By BERNAMA / Pic By TMR

The Labuan Financial Services Authority (Labuan FSA) yesterday announced the appointment of Datuk Oh Chong Peng ...

CIMB appoints Mohd Nasir as new chairman

By TMR
CIMB Group Holdings Bhd has made Datuk Mohd Nasir Ahmad (picture) as group chairman effective Oct 20 upon getting Bank Negara Malaysia’s ...

Currency risk lowering BMD contract volumes, says Kenanga Futures

Global money needs to be hedged against the base currency and when it is difficult to do that, BMD’s contract volumes will drop
By MARK RAO / Pic By ...

RM3b foreign outflow from bond market in September

By BERNAMA / Pic By ISMAIL CHE RUS
The foreign capital outflow from the Malaysian bond market continued for the second consecutive month in September ...

LPI 3Q net profit down 0.39% to RM91.8m

By NUR HAZIQAH A MALEK / Pic By HUSSEIN SHAHARUDDIN
LPI Capital Bhd’s net profit saw a 0.39% drop year-on-year (YoY) to RM91.81 million for the third ...