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BANK NEGARA MALAYSIA
Gold hoarding by central banks picks pace in February, but Russia remains big sellerGlobal central banks stepped up gold buying in February, led by strong purchases from Poland, China, and several emerging markets, even as ...- Malaysia to widen tax net and cut subsidies in 2025 as budget spending hits recordMalaysia plans to broaden its sales and services tax and reform fuel subsidies next year, as announced by Prime Minister Anwar Ibrahim. The...
- Malaysia central bank says Google misquoted exchange rate a second timeThe ringgit, which declined to a 26-year low last month, has weakened about 2.44% this year. Bank Negara Malaysia (BNM) has said the curren...
- Goldman sees India to Australia easing policy earlier after FedCentral banks across the Asia-Pacific, including India, are poised to adjust interest rates earlier than expected due to the Federal Reserv...
- Razorpay bolsters Malaysia play, procures licence for direct merchant onboardingThis comes as the payments service provider launched its first international payment gateway (PG) service, earlier in July this year, with ...
- G20 summit: 5 central banks ink MoU for cross-border paymentsA Memorandum of Understanding (MOU) on Cooperation in Regional Payment Connectivity was signed on Monday in Bali, Indonesia, on the sidelin...
- Malaysia's economy posts double-digit growth for first time in a year in Q3Gross domestic product (GDP) in July-September rose 14.2% from a year earlier, at a faster pace than the 11.7% growth forecast in a Reuters...
- Indians visiting Malaysia can now get visas on arrivalThe VOA fee will be MYR 200 ($46), and travellers will be required to show proof that they have at least $500 cash/debit card/credit card/t...
- Central banks, BIS develop digital currencies platform prototypeCodenamed “Project Dunbar,” the development also proves that financial institutions could use central bank digital currencies to transact d...
- Australia, Malaysia, Singapore and South Africa launch central bank digital currency schemeMany governments and central banks around the world are exploring the use of central bank digital currencies, which are digital forms of ex...
- Malaysia's economy posts biggest annual decline since 1998 crisisThe economy contracted 3.4% year-on-year in the October-December period, falling for a third straight quarter and faster than the 3.1% decl...
- Malaysia will be crucial to Asia’s Covid-19 damage controlAsia has a new public emergency - breathing life into moribund economies, and Malaysia may show the way.
- RBI intervenes to stem rupee fall as Trump sets off carnage in Asian FX mktIndian state-run banks sold dollars on behalf of the Reserve Bank, according to two Mumbai-based traders, who asked not to be identified.
- PM Narendra Modi to address IMF conference on ‘Advancing Asia’ in MarchThe conference “provides a forum for Asia-Pacific leaders to discuss a region renowned for its economic successes over the past decades,” L...
- Hawala - Malaysia's largest illegal tradeThe Reserve Bank is also considering serious measures to curb illegal money transfers by imposing a new set of guidelines and stepping up s...
- Andhra, BoB, IOB team up to start a bank in MalaysiaThree public sector banks — Bank of Baroda, Indian Overseas Bank and Andhra Bank — have come together to set up a Malaysian bank — India BI...
- Govt, RBI in talks on more borrowing: SubbaraoHowever, Subbarao admitted the global situation was uncertain and hence it was difficult to calibrate a roadmap in advance.
- Govt, RBI in talks on more borrowing: SubbaraoThe Government and the Reserve Bank of India are in discussion on additional borrowing programmes and the two together will ensure that the...
- Malaysia to guarantee all bank depositsMalaysia said it will guarantee all bank deposits for the next two years, following similar moves by Hong Kong and Singapore amid fears tha...
- Malaysian banks to set up ICBUsBank Negara Malaysia, has decided to allow commercial and investment banks in the country to set up international currency business units (...
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