Bank Negara Malaysia

Current blanket subsidy scheme must be rationalised, says BNM governor

by S BIRRUNTHA / pic TMR File THE current form of subsidy schemes in the country are not sustainable and must…

3 days ago

BNM: Malaysia’s banking system remains resilient

by S BIRRUNTHA / pic TMR File MALAYSIA’S banking system remains resilient, with sufficient capacity to absorb losses under a…

3 days ago

BNM contributes RM2.7b in dividends to govt, lower than RM5b in 2021

By S BIRRUNTHA / pic TMR FILE BANK Negara Malaysia (BNM) paid RM2.7 billion in dividends to the government last…

3 days ago

BNM: Inflation to hover between 2.8% – 3.8% this year

by S BIRRUNTHA / pic MUHD AMIN NAHARUL THE central bank projects overall inflation to remain high this year at between…

3 days ago

BNM to manage inflation risks while supporting economic growth

by RUPINDER SINGH / pic TMR FILE BANK Negara Malaysia said monetary policy in 2023 will remain supportive of a sustainable…

3 days ago

Domestic monetary and financial conditions to remain supportive of financial intermediation activities

by RUPINDER SINGH / pic MUHD AMIN NAHARUL BANK Negara Malaysia said notwithstanding the adjustments in interest rates last year, the…

3 days ago

Headline and core inflation to average between 2.8% and 3.8% in 2023

by RUPINDER SINGH / pic TMR FILE AFTER increasing for most of 2022, Bank Negara Malaysia said headline inflation has begun…

3 days ago

Malaysia’s current account to record continued surplus, says BNM

by RUPINDER SINGH / pic TMR FILE BANK Negara Malaysia said Malaysia’s current account of the balance of payments is expected…

3 days ago

BNM expects export and import growth to moderate in 2023

by RUPINDER SINGH / pic TMR FILE FOLLOWING two consecutive years of double-digit expansion, Malaysia’s gross export growth in 2023…

3 days ago

Economic subsectors to continue expansion at a moderate pace in 2023, says BNM

by RUPINDER SINGH / pic MUHD AMIN NAHARUL BANK Negara Malaysia is projecting for most economic sectors to expand at a…

3 days ago

Domestic demand continues to be the main driver of growth in 2023, says BNM

by RUPINDER SINGH / pic MUHD AMIN NAHARUL  BANK Negara Malaysia (BNM) said domestic demand, particularly private sector spending, will…

3 days ago

BNM maintains 2023 GDP growth at 4% to 5%

by RUPINDER SINGH / pic TMR FILE BANK Negara Malaysia (BNM) has projected the Malaysian economy to grow between 4%…

3 days ago

Ringgit opens higher against US dollar ahead of BNM’s annual report

THE ringgit opened higher against the US dollar on renewed demand for the local currency ahead of Bank Negara Malaysia’s…

4 days ago