Bank Negara Malaysia
Malaysia assesses use of digital central bank money
Malaysia has started an assessment of the potential benefits of a central bank-backed digital currency, Bank Negara Malaysia said according to a Bloomberg News...
1MDB-linked land deal brings Malaysia’s central bank governor down
Malaysian Prime Minister Mahathir Mohamad accepted on June 6 the resignation of the country’s central bank governor Muhammad Ibrahim which the latter offered on...
Malaysia prepares for cashless society
Malaysia’s central bank has taken further steps to enhance its e-payment platform, paving the way towards a cashless society, reports say. Bank Negara Malaysia...
Malaysia to strictly regulate exchange of cryptocurrencies into cash
Malaysia's central bank said it will view the conversion of cryptocurrency into cash as an act to be handled under anti-money laundering and counter-terrorism...
Malaysia’s government to probe Mahathir-era scandal in apparent distraction stunt
In what looks for some as a distraction attempt from the escalating alleged embezzlement scandal revolving around state fund 1Malaysia Development Berhad (1MDB), the...
Malaysia’s inflation climbs to over 5%, highest in eight years
Amid a recovery in the ringgit exchange rate to the US dollar, Malaysia's annual inflation rate is expected to have risen to 5.3 per...
Malaysia grows 6.4% in second quarter, tops forecasts
Malaysia's economy expanded at a faster-than-expected pace in the second quarter, data released on August 15 showed, boosted by strong exports and robust consumption.
Gross...
Malaysia’s first quarter GDP beats forecast
Malaysia’s economy grew at the fastest pace in five quarters amid an export recovery, increasing scope for the central bank to raise interest rates...
Malaysian economy to grow 5.1% in 2014
Despite the ongoing Malaysia Airlines flight MH370 tragedy that will likely impact tourism receipts for the country, Malaysia’s economy is expected to expand by...
Malaysia’s central bank retains interest rate at 3%
Malaysia's central bank on November 7 decided to retain its policy interest rate in order to support economic growth and contain inflation pressures. The...
Malaysia’s 2014 budget: The highlights – 6% sales tax from 2015
Malaysia's Prime Minister Najib Razak delivered his eagerly-awaited Budget 2014 speech on October 25 at 4pm local time. He announced the introduction of the...
IMF sets Malaysia’s 2014 growth at 4.9%
In a recent report on the world economy, the International Monetary Fund (IMF) gave its real growth projections — taking into account inflationary effects...
Malaysia, UAE boost ties in Islamic finance
The central banks of Malaysia and the United Arab Emirates signed a pact to foster closer economic ties between the two countries, including in...
Top official: Malaysians are ‘ungrateful’ for subsidies
Malaysia is not facing an economic crisis and Malaysians were "ungrateful" for the current subsidies they receive from the government, Deputy Finance Minister Ahmad...
Bangladesh bank opens in Kuala Lumpur
In order to tap the lucrative $1 billion remittance market of Bangladeshi workers in Malaysia, Bangladesh's City Bank Ltd has opened a branch in...
Our Series: Ethics in Business – ‘Fair Trade’ or ‘Fair Game’ – Who benefits, really?
A conversation with Dr. Rebecca Sta Maria, Secretary General, MITI
Labuan eyes 10,000 registered companies in 2013
Labuan, the federal territory of Malaysia off the coast of Sabah and known as an offshore financial center, aims at reaching a total number...
New corporate sukuk index launched
At the third Global Islamic Finance Forum held from September 18 to 20 in Kuala Lumpur, Malaysia, news service and business data provider Bloomberg...
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Thailand, Singapore most vulnerable to potential US recession
Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...