BNM Draws Up Plan To Reduce Shareholding In Paynet -- MOF
KUALA LUMPUR, Dec 3 (Bernama) -- Bank Negara Malaysia (BNM) has drawn up a long-term plan to gradually reduce its shareholding in Payments Network Malaysia Sdn Bhd (PayNet).
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Banks To Offer Goodwill Discounts For Early Settlement Of Hire-Purchase Agreements
KUALA LUMPUR, Dec 2 (Bernama) -- Malaysia’s banks will offer goodwill discounts for early settlement of existing fixed-rate hire-purchase agreements following the Dewan Negara’s passing of the Hire-Purchase (Amendment) Bill yesterday.
Bursa Malaysia In Positive Territory At Midday
KUALA LUMPUR, Dec 2 (Bernama) -- Bursa Malaysia ended the morning session higher today, supported by the strengthening ringgit amid improving investor sentiment.
Gold Keeps Shining, But The Spark To Hit US$5,000 Isn’t There Yet
KUALA LUMPUR, Dec 2 (Bernama) -- When Bernama first reported in March that gold had caught fire and could potentially climb towards US$5,000 per troy ounce by year-end, the precious metal was already rewriting the record books.
Strong Trade, Contained Inflation Offer BNM Policy Flexibility Despite Softer Credit - CIMB
KUALA LUMPUR, Dec 1 (Bernama) -- Malaysia’s credit cycle is showing a loss of momentum, but strong trade and contained inflation provide Bank Negara Malaysia (BNM) policy flexibility, according to CIMB Investment Bank Bhd.
BNM: Malaysia’s Official Reserves Assets At US$123.76 Bln As At End-October
KUALA LUMPUR, Nov 28 (Bernama) -- Malaysia’s official reserve assets amounted to US$123.76 billion (US$1= RM4.12) as at Oct 31, 2025, while other foreign currency assets stood at US$201.6 million, according to Bank Negara Malaysia (BNM).
Ringgit Closes Higher Vs US Dollar On US Rate Cut Optimism
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 27 (Bernama) -- The ringgit ended higher against the US dollar on Thursday as talks of a possible interest rate cut in the United States gained momentum.
Malaysia Leads Region As Fastest-Growing Digital Economy, Set To Hit US$39 Bln GMV In 2025
KUALA LUMPUR, Nov 25 (Bernama) -- Malaysia is now the fastest-growing digital economy in Southeast Asia (SEA), with an increase of 19 per cent year-on-year (y-o-y), and on track to reach gross merchandise value (GMV) of US$39 billion (US$1=RM4.13) this year.
Malaysia, ASEAN+3 Economies Remain Resilient Amid Global Fragmentation
KUALA LUMPUR, Nov 25 (Bernama) -- ASEAN+3 economies are showing stronger-than-expected resilience amid global fragmentation, with Malaysia among the strongest performers as growth, inflation, and domestic demand remain broadly stable, Bank Negara Malaysia (BNM) Deputy Governor Datuk Marzunisham Omar said.
S&P Raises 2026 GDP Forecast For Asia-Pacific To 4.3 Pct, For Malaysia To 4.5 Pct
KUALA LUMPUR, Nov 24 (Bernama) -- S&P Global Ratings has lifted its 2026 gross domestic product (GDP) growth forecast for Asia-Pacific to 4.3 per cent from 4.0 per cent, with the Malaysian economy now projected to grow at a faster pace of 4.5 per cent.
Apex Securities Sees Inflation At Two Pct Next Year
KUALA LUMPUR, Nov 24 (Bernama) -- Apex Securities Bhd has maintained its projection for inflation to rise modestly to two per cent in 2026, the upper end of the official forecast range of 1.3-2.0 per cent.
Former Labuan IBFC Executive Chairman Iskandar Nuli Appointed MIFSA CEO
LABUAN, Nov 22 (Bernama) -- The Maldives International Financial Services Authority (MIFSA) has appointed Datuk Iskandar Mohd Nuli as its new chief executive officer, marking an important step in the Maldives’ efforts to develop a competitive international financial centre.