Bank Negara Malaysia

Latest articles

1d
Sabah Daily Express
BNM leads raids on illegal deposit-taking activities Kuala Lumpur: Bank Negara Malaysia (BNM) on Wednesday led a joint raid on MGS
Sabah Daily Express / Posted yesterday
Kuala Lumpur: Bank Negara Malaysia (BNM) on Wednesday led a joint raid on MGSB Berhad for suspected illegal financial scheme activities under the Financial Services Act 2013 (FSA) and the... Read more
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1d
The Borneo Post
Bloomberg report on reserves unbalanced, rigid interpretationKUALA LUMPUR: Bank Negara Malaysia says the article published by Bloomberg enti
The Borneo Post / Posted yesterday
KUALA LUMPUR: Bank Negara Malaysia says the article published by Bloomberg entitled ‘Malaysia Reserve Buffer Seen by Moody’s as among weakest in Asia’ on September 18, 2017 focuses only on a rigid interpretation of two economic indicators and... Read more
1d
The Borneo Post
BNM raids illegal deposit-taking activitiesKUALA LUMPUR: Bank Negara Malaysia (BNM) has led joint raids on MGSB Berhad and
The Borneo Post / Posted yesterday
KUALA LUMPUR: Bank Negara Malaysia (BNM) has led joint raids on MGSB Berhad and its affiliates for suspected illegal financial scheme activities under the Financial Services Act 2013 (FSA) and the Anti-Money Laundering, Anti-Terrorism Financing and... Read more
2 related articles
1d
The Star
BNM leads raid on illegal deposit-taking activitiesFinancing and Proceeds of Unlawful Activities Act 2001 (AMLA). The raid took p
The Star / Posted yesterday
Financing and Proceeds of Unlawful Activities Act 2001 (AMLA). The raid took place on Sept 15 and was led by Bank Negara Malaysia together with the National Revenue Recovery Enforcement Team of the Attorney-General’s Chamber (NRRET),... Read more
2 related articles
2d
Sabah Daily Express
Nor quits Khazanah deputy head postPutra Jaya: Nor Mohamed Yakcop, who two weeks ago said he took full responsibil
Sabah Daily Express / Posted 2 days ago
Putra Jaya: Nor Mohamed Yakcop, who two weeks ago said he took full responsibility for the forex losses at Bank Negara Malaysia (BNM) about 25 years ago, has resigned as deputy chairman of Khazanah Nasional. In a statement posted on its website,... Read more
2d
Sabah Daily Express
Guidelines on cryptocurrency soon: BNMKuala Lumpur: Bank Negara Malaysia (BNM) is planning to issue guidelines on cry
Sabah Daily Express / Posted 2 days ago
Kuala Lumpur: Bank Negara Malaysia (BNM) is planning to issue guidelines on cryptocurrency by year-end, said Governor, Tan Sri Muhammad Ibrahim. He said cryptocurrency, or digital currency, had attracted a lot of attention from central banks around... Read more
3 related articles
2d
The Borneo Post
Bnm to provide guidelines on cryptocurrency by year-endKUALA LUMPUR: Bank Negara Malaysia (BNM) is planning to issue guidelines on cry
The Borneo Post / Posted 2 days ago
KUALA LUMPUR: Bank Negara Malaysia (BNM) is planning to issue guidelines on cryptocurrency by year-end, said Governor, Tan Sri Muhammad Ibrahim. He said cryptocurrency, or digital currency, had attracted a lot of attention from central banks around... Read more
3 related articles
2d
The Borneo Post
Bnm to address delivery of mandates with stakeholdersof the Global Symposium on Development Financial Institutions in Sasana Kijang
The Borneo Post / Posted 2 days ago
of the Global Symposium on Development Financial Institutions in Sasana Kijang yesterday. — Bernama photo KUALA LUMPUR: Bank Negara Malaysia (BNM) is planning to work with the leadership of local financial institutions and other stakeholders in... Read more
2d
The Borneo Post
RCI into BNM forex losses in the 1990’s concludesPUTRAJAYA: The Royal Commission of Inquiry (RCI) proceedings into Bank Negara M
The Borneo Post / Posted 2 days ago
PUTRAJAYA: The Royal Commission of Inquiry (RCI) proceedings into Bank Negara Malaysia (BNM) foreign exchange losses in the 1990’s concluded yesterday, earlier than scheduled. Chairman of the five-man tribunal, Tan Sri Mohd Sidek Hassan, instructed... Read more
6 related articles
2d
The Borneo Post
Former auditor-general’s son tells RCI his father has short-term memoryIshak (third left) at the proceeding on the forex losses incurred by Bank Negar
The Borneo Post / Posted 2 days ago
Ishak (third left) at the proceeding on the forex losses incurred by Bank Negara Malaysia. — Bernama photo PUTRAJAYA: The son of former auditor-general Tan Sri Ishak Tadin who is the last witness, told the Royal Commission of Inquiry (RCI) that his... Read more
6 related articles
2d
Channel NewsAsia
Royal inquiry into Malaysia central bank's forex scandal concludesPUTRAJAYA: The Royal Commission of Inquiry (RCI) proceedings into Bank Negara M
Channel NewsAsia / Posted 2 days ago
PUTRAJAYA: The Royal Commission of Inquiry (RCI) proceedings into Bank Negara Malaysia (BNM) foreign exchange losses in the 1990's concluded on Tuesday (Sep 19), earlier than scheduled. The chairman of the five-man tribunal, Mohd Sidek Hassan,... Read more
6 related articles
3d
The Star
BNM to issue rules on cryptocurrencies by year endthis matter and the details as the new form of currency had attracted a lot of
The Star / Posted 3 days ago
this matter and the details as the new form of currency had attracted a lot of attention around the globe. KUALA LUMPUR: Bank Negara Malaysia (BNM) will issue guidelines on cryptocurrencies by the end of the year. BNM Governor Tan Sri Muhammad... Read more
3 related articles
3d
The Borneo Post
BNM to provide guidelines on cryptocurrency by year endat La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier
The Borneo Post / Posted 3 days ago
at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier/Illustration – RTS18BSL KUALA LUMPUR: Bank Negara Malaysia (BNM) is planning to issue guidelines on cryptocurrency by year-end, said Governor Tan Sri Muhammad... Read more
3 related articles
3d
The Star
Former AG’s son last witness to take the stand at RCIis expected to close its proceedings Tuesday after calling its 25th witness her
The Star / Posted 3 days ago
is expected to close its proceedings Tuesday after calling its 25th witness here. The inquiry into the losses suffered by Bank Negara Malaysia due to foreign exchange (forex) trading in the 1990s was initially scheduled to run for 10 days. The... Read more
6 related articles
3d
Sabah Daily Express
Affin Holdings gets BNM nodKuala Lumpur: Affin Holdings Bhd has received approval from Bank Negara Malaysi
Sabah Daily Express / Posted 3 days ago
Kuala Lumpur: Affin Holdings Bhd has received approval from Bank Negara Malaysia (BNM) to acquire 7.07 per cent equity interest in AXA Affin General Insurance Bhd (AXA Affin GI) from Felda Marketing Services Sdn Bhd. In a filing to Bursa Malaysia... Read more
3d
The Borneo Post
BNM, financial institutions to focus on Malaysia Development Financial InstitutionsBank Negara Malaysia Governor Datuk Seri Muhammad Ibrahim while announcing the
The Borneo Post / Posted 3 days ago
Bank Negara Malaysia Governor Datuk Seri Muhammad Ibrahim while announcing the first quarter GDP performance at a press conference in Bank Negara today. – Bernama photo KUALA LUMPUR: Bank Negara Malaysia (BNM) is planning to work with the leadership... Read more
3d
Channel NewsAsia
Malaysian ex-PM Mahathir slams 'vindictive' Bank Negara forex probePrime Minister Najib Razak, was giving evidence at the inquiry into alleged mul
Channel NewsAsia / Posted 3 days ago
Prime Minister Najib Razak, was giving evidence at the inquiry into alleged multi-billion-dollar losses incurred by Bank Negara Malaysia through foreign exchange trading during his time in power. The government-appointed Royal Commission of... Read more
3d
The Manila Times
Malaysian ex-PM Mahathir slams ‘vindictive’ probePrime Minister Najib Razak, was giving evidence at the inquiry into alleged mul
The Manila Times / Posted 3 days ago
Prime Minister Najib Razak, was giving evidence at the inquiry into alleged multi-billion-dollar losses incurred by Bank Negara Malaysia through foreign exchange trading during his time in power. The government-appointed Royal Commission of... Read more
4d
The Star
I had no right to interfere, Dr M tells RCIto interfere in its exclusive matters, he told the Royal Commission of Inquiry
The Star / Posted 4 days ago
to interfere in its exclusive matters, he told the Royal Commission of Inquiry (RCI) into the forex losses suffered by Bank Negara Malaysia in the 1990s. Dr Mahathir arrives at the Palace of Justice on Sept 18, 2017, to testify before the RCI.... Read more
6 related articles
4d
The Star
Dr M takes the stand at RCIDr Mahathir Mohamad has sworn in to testify before the Royal Commission of Inqu
The Star / Posted 4 days ago
Dr Mahathir Mohamad has sworn in to testify before the Royal Commission of Inquiry into foreign exchange losses suffered by Bank Negara Malaysia in the 1990s. Wearing light brown attire, the former prime minister read out his statement calmly and... Read more
6 related articles
5d
The Star
How to improve your credit scoreMalaysia is the Central Credit Reference Information System (CCRIS) http://cred
The Star / Posted 5 days ago
Malaysia is the Central Credit Reference Information System (CCRIS) http://creditbureau.bnm.gov.my/ccris.html, created by Bank Negara Malaysia (BNM), which shows the last 12 months of outstanding loans, all your applications for personal finance... Read more
5d
The Borneo Post
Mismatch in 2Q17’s economy, but hope remains2015 – exceeding economists’ forecast of a 5.4 per cent expansion, underpinned
The Borneo Post / Posted 5 days ago
2015 – exceeding economists’ forecast of a 5.4 per cent expansion, underpinned by the services and manufacturing sectors. Bank Negara Malaysia (BNM) said given the strong growth in the first half of 2017 at 5.7 per cent, the economy is expected to... Read more
9d
Sabah Daily Express
Dr M to testify in RCI MondayPutra Jaya: Former premier Tun Dr Mahathir Mohamad will testify on Monday in th
Sabah Daily Express / Posted 9 days ago
Putra Jaya: Former premier Tun Dr Mahathir Mohamad will testify on Monday in the Royal Commission of Inquiry (RCI) on Bank Negara Malaysia (BNM)'s foreign exchange losses in the 1990's. Dr Mahathir's counsel Mohamed Haniff Khatri Abdulla said the... Read more
9d
The Borneo Post
Dr Mahathir to testify in RCI on Sept 18photo PUTRAJAYA: Former premier Tun Dr Mahathir Mohamad will testify on Monday
The Borneo Post / Posted 9 days ago
photo PUTRAJAYA: Former premier Tun Dr Mahathir Mohamad will testify on Monday in the Royal Commission of Inquiry (RCI) on Bank Negara Malaysia (BNM)’s foreign exchange losses in the 1990’s. Dr Mahathir’s counsel Mohamed Haniff Khatri Abdulla said... Read more
12d
The Borneo Post
The week at a glance 10 September 2017was expected to finance between 400-500 projects, mostly in the 4.0 Industry.
The Borneo Post / Posted 12 days ago
was expected to finance between 400-500 projects, mostly in the 4.0 Industry. BNM to finalise standards for E-KYC by Oct Bank Negara Malaysia (BNM) is expected to finalise standards for the electronic Know-Your-Customer (e-KYC) by October this... Read more
12d
The Star
Six credit card myths bustedreceipt). There is only one credit score. Nope, there are many, many more. Not
The Star / Posted 12 days ago
receipt). There is only one credit score. Nope, there are many, many more. Not only do we have CCRIS (under the purview of Bank Negara Malaysia) in Malaysia, CTOS (based on FICO), RAMCI (based on Experian) and Credit Bureau Malaysia (based on the... Read more
13d
The Borneo Post
Technology to propel finance as a great social equaliser – BNMKUALA LUMPUR: Technology can be a catalyst to propel finance as a great social
The Borneo Post / Posted 13 days ago
KUALA LUMPUR: Technology can be a catalyst to propel finance as a great social equaliser in the future, says Bank Negara Malaysia (BNM) Governor Datuk Muhammad Ibrahim. He said this was one of his five observations of things that might shape the... Read more
13d
The Star
Finance themes for the futureof the things finance practitioners and regulators may have to prepare for, say
The Star / Posted 13 days ago
of the things finance practitioners and regulators may have to prepare for, says Datuk Muhammad bin Ibrahim, Governor of Bank Negara Malaysia. He shared his observations on what might affect the future of finance during a speech at a Harvard... Read more
13d
The Star
BNM will not rush to push up rates, says MARCKUALA LUMPUR: Despite speculation that a rate hike is on the cards, Malaysian R
The Star / Posted 13 days ago
KUALA LUMPUR: Despite speculation that a rate hike is on the cards, Malaysian Rating COrporation Bhd (MARC) believes Bank Negara Malaysia (BNM) will not rush to push up the Overnight Policy Rate (OPR) In its economic research report on Friday, MARC... Read more
14d
Sabah Daily Express
Dr M never entered trading room, says BNM director Putra Jaya: Bank Negara Malaysia (BNM) director in the foreign exchange manag
Sabah Daily Express / Posted 14 days ago
Putra Jaya: Bank Negara Malaysia (BNM) director in the foreign exchange management department told the Royal Commission of Inquiry (RCI) that former premier Tun Dr Mahathir Mohamad never entered the... Read more
13 related articles
14d
The Star
Ahmad Zaki, Mitrajaya, Gabungan AQRSa first interim dividend of 1.5 sen for FY18 while PUC’s wholly-owned unit EPP
The Star / Posted 14 days ago
a first interim dividend of 1.5 sen for FY18 while PUC’s wholly-owned unit EPP Solution Sdn Bhd has received the nod from Bank Negara Malaysia to launch an electronic money scheme through its mobile application before Sept 6 next year. Meanwhile,... Read more
14d
The Star
BNM adviser failed to give 1992 forex losses info, RCI hearsPUTRAJAYA: Former Bank Negara Malaysia (BNM) adviser Tan Sri Nor Mohamed Yakcop
The Star / Posted 14 days ago
PUTRAJAYA: Former Bank Negara Malaysia (BNM) adviser Tan Sri Nor Mohamed Yakcop did not give detailed information on the foreign exchange (forex) losses of 1992, Datuk Seri Anwar Ibrahim told the Royal Com­mission of Inquiry (RCI). Anwar, the 21st... Read more
13 related articles
14d
The Borneo Post
BNM maintains OPR at three per centBNM notes that these developments pointed to sustained momentum in global growt
The Borneo Post / Posted 14 days ago
BNM notes that these developments pointed to sustained momentum in global growth. — AFP photo KUALA LUMPUR: Bank Negara Malaysia (BNM) has decided to maintain the Overnight Policy Rate (OPR) at 3.00 per cent at its Monetary Policy Committee (MPC)... Read more
2 related articles
14d
Reuters
Malaysia's central bank holds key rate, upbeat on global growthunchanged as expected on Thursday, struck a more upbeat tone on the country’s a
Reuters / Posted 14 days ago
unchanged as expected on Thursday, struck a more upbeat tone on the country’s and Asia’s economic performance this year. Bank Negara Malaysia (BNM) kept the overnight policy rate (OPR) MYINTR-ECI at 3.00 percent - where it has been since July... Read more
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14d
Sabah Daily Express
Raise tax relief to boost insurance penetration rate: AIA Group CEOcent for the past three years, scepticism in reaching the targeted 75 per cent
Sabah Daily Express / Posted 14 days ago
cent for the past three years, scepticism in reaching the targeted 75 per cent by 2020 has arisen among industry players. Bank Negara Malaysia, in its efforts to boost the penetration rate, has among others, introduced the Life Insurance and... Read more
14d
Bangkok Post - Thailand's English news
Malaysia holds interest rate at 3% as outlook improvesinflation is forecast to moderate; it has slowed every month since reaching an
Bangkok Post - Thailand's English news / Posted 14 days ago
inflation is forecast to moderate; it has slowed every month since reaching an eight-year high in March. Bank Negara Malaysia is facing a better economic outlook this year as a global trade recovery spurs exports and price... Read more
2 related articles
15d
The Star
Overnight Policy Rate retained at 3%, economy to expand faster than expectedKUALA LUMPUR: The Monetary Policy Committee (MPC) of Bank Negara Malaysia has d
The Star / Posted 15 days ago
KUALA LUMPUR: The Monetary Policy Committee (MPC) of Bank Negara Malaysia has decided to maintain the Overnight Policy Rate (OPR) at 3% as it remains upbeat on the economy which is expected to expand faster than earlier expected. In a statement on... Read more
2 related articles
15d
The Star
Dr Mahathir never entered trading room, RCI heardPUTRAJAYA: Tun Dr Mahathir Mohamad (pic) never entered the foreign exchange tra
The Star / Posted 15 days ago
PUTRAJAYA: Tun Dr Mahathir Mohamad (pic) never entered the foreign exchange trading room at Bank Negara Malaysia (BNM), the Royal Commission of Inquiry (RCI) into the forex losses in 1990s was told. BNM's director of foreign exchange management... Read more
13 related articles
15d
The Star
Anwar attends to give statement to RCI on forex losseshere on Thursday to testify at the proceedings of the Royal Commission of Inqui
The Star / Posted 15 days ago
here on Thursday to testify at the proceedings of the Royal Commission of Inquiry (RCI) into foreign exchange losses by Bank Negara Malaysia around the 1990s. The former finance minister, who is now serving a jail sentence, was escorted by... Read more
13 related articles
15d
The Star
Ringgit firmer against US$months of retained imports and is 1.1 times the short-term external debt,” the
The Star / Posted 15 days ago
months of retained imports and is 1.1 times the short-term external debt,” the central bank said in a statement Wednesday. Bank Negara Malaysia is also expected to announce a decision on the overnight policy rate Thursday. The local note was... Read more
15d
The Star
‘Jaffar informed of 1990s forex losses’PUTRAJAYA: Former Bank Negara Malaysia (BNM) governor Tan Sri Zeti Akhtar Aziz
The Star / Posted 15 days ago
PUTRAJAYA: Former Bank Negara Malaysia (BNM) governor Tan Sri Zeti Akhtar Aziz said she learnt about the central bank’s foreign exchange (forex) losses after a meeting in London with the bank’s senior officers. She said the late BNM governor, Tan... Read more
13 related articles
15d
The Borneo Post
I accepted my fair share of accountability for forex losses, says Nor MohamedPUTRAJAYA: Former Bank Negara Malaysia (BNM) advisor Tan Sri Nor Mohamed Yakcop
The Borneo Post / Posted 15 days ago
PUTRAJAYA: Former Bank Negara Malaysia (BNM) advisor Tan Sri Nor Mohamed Yakcop yesterday conceded that the central bank suffered foreign exchange (forex) losses in 1986 to 1993. He said it was a mistake that provided a bitter lesson for BNM. The... Read more
13 related articles
15d
The Borneo Post
Nor mohamed, zeti take witness stand in rci proceedingsPUTRAJAYA: Former Bank Negara Malaysia (BNM) adviser Tan Sri Nor Mohamed Yakcop
The Borneo Post / Posted 15 days ago
PUTRAJAYA: Former Bank Negara Malaysia (BNM) adviser Tan Sri Nor Mohamed Yakcop and former BNM governor Tan Sri Dr Zeti Akhtar Aziz took the witness stand on the fifth day of the Royal Commission of Inquiry (RCI) into the central bank’s foreign... Read more
13 related articles
15d
The Borneo Post
‘Forex law interpretation not fully accepted’Attorney General’s Chambers (AGC), Tan Sri Ainum Mohamed Saaid told the Royal C
The Borneo Post / Posted 15 days ago
Attorney General’s Chambers (AGC), Tan Sri Ainum Mohamed Saaid told the Royal Commission of Inquiry (RCI) to investigate Bank Negara Malaysia’s (BNM) foreign exchange (forex) losses in the 1990s that the central bank’s way of interpreting the law... Read more
13 related articles
16d
Sabah Daily Express
BNM to finalise e-KYC standards by OctKuala Lumpur: Bank Negara Malaysia (BNM) is expected to finalise standards for
Sabah Daily Express / Posted 16 days ago
Kuala Lumpur: Bank Negara Malaysia (BNM) is expected to finalise standards for the electronic Know-Your-Customer (e-KYC) by October this year, after receiving comments from industry players. Assistant Governor, Jessica Chew Cheng Lian said following... Read more
3 related articles
16d
The Borneo Post
Nor Mohamed, Zeti take witness stand in RCI proceedingsNor Mohamed Yakcop (centre). Bernama photos PUTRAJAYA: Former Bank Negara Mala
The Borneo Post / Posted 16 days ago
Nor Mohamed Yakcop (centre). Bernama photos PUTRAJAYA: Former Bank Negara Malaysia (BNM) adviser Tan Sri Nor Mohamed Yakcop and former BNM governor Tan Sri Dr Zeti Akhtar Aziz took the witness stand on the fifth day of the Royal Commission of... Read more
13 related articles
16d
The Star
Former Bank Negara bigwigs Zeti and Nor Mohamed testify at RCI proceedingsPUTRAJAYA: Former Bank Negara Malaysia (BNM) adviser Tan Sri Nor Mohamed Yakcop
The Star / Posted 16 days ago
PUTRAJAYA: Former Bank Negara Malaysia (BNM) adviser Tan Sri Nor Mohamed Yakcop says he cannot remember if foreign exchange transactions in the 1990s resulted in profits or losses. "I don't remember about the profits and losses in the forex... Read more
13 related articles
17d
The Star
Towards a sustainable futureembarked on several initiatives to ensure that we obtain the full support of fi
The Star / Posted 17 days ago
embarked on several initiatives to ensure that we obtain the full support of financial institutions. I myself am getting Bank Negara Malaysia to conduct a workshop for financial institutions to explain to them the relevant requirements. Many... Read more
21d
Sabah Daily Express
Then Governor unaware of losses sufferedPutra Jaya: The Royal Commission of Inquiry (RCI) investigating the Bank Negara
Sabah Daily Express / Posted 21 days ago
Putra Jaya: The Royal Commission of Inquiry (RCI) investigating the Bank Negara Malaysia (BNM) foreign exchange losses in the early 1990's heard that then BNM governor Tan Sri Jaffar Hussein was initially unaware of how big were the losses suffered... Read more
3 related articles
22d
The Star
Witness: Dr M shrugged off RM30bil lossesFormer prime minister Tun Dr Mahathir Mohamad showed no reaction when he was in
The Star / Posted 22 days ago
Former prime minister Tun Dr Mahathir Mohamad showed no reaction when he was informed about the RM30bil losses suffered by Bank Negara Malaysia due to foreign exchange (forex) trading in the 1990s, the Royal Commission of Inquiry (RCI) heard. Tan... Read more
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