[ad_1] KUALA LUMPUR: Retakaful players in Malaysia are well positioned to serve the global and domestic takaful value chains, Bank Negara Malaysia deputy governor Adnan Zaylani Mohamad Zahid said. He…
Tag: BNM
Malaysia posts 3.3% GDP growth in 3Q
[ad_1] KUALA LUMPUR: Malaysia’s economy expanded 3.3% in the third quarter of 2023 from a year earlier as resilient domestic demand offset continued export weakness. The gross domestic product (GDP)…
Flexible ringgit exchange rate has a role in reducing impact of external shocks – MoF
[ad_1] KUALA LUMPUR: The flexible ringgit exchange rate plays an important role in reducing the impact of external shocks on domestic economic activity, said the Ministry of Finance (MoF). Thus,…
Malaysia’s international reserves at US$108.5bil as at Oct 31
[ad_1] KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves amounted to US$108.5 billion (US$1=RM4.65) as at Oct 31, 2023. The central bank said the reserves position is sufficient to finance…
Bank Negara drives digital payments for efficiency and cost savings
[ad_1] KUALA LUMPUR: Bank Negara Malaysia (BNM) is fully committed to ensuring a safe, reliable, and efficient payment system, which includes promoting the widespread adoption of digital payments in Malaysia.…
Ringgit ends slightly lower against US$
[ad_1] KUALA LUMPUR: The ringgit was marginally lower against the US dollar at today’s close, in line with other emerging market currencies, as investors remained on the sidelines, awaiting the…
Malaysia’s economy remains resilient – Bank Negara governor
[ad_1] KUALA LUMPUR: Malaysia’s economy remains resilient anchored by domestic-oriented activities and will continue to be supported by labour market conditions and investments moving into next year, said Bank Negara…
Banking system records healthy excess capital buffer of RM133.3bil in August – Bank Negara
[ad_1] KUALA LUMPUR: The banking system recorded an excess capital buffer of RM133.3 billion in August 2023, Bank Negara Malaysia (BNM) said. In August 2023 monthly highlights, the central bank…