Bank Negara Malaysia (BNM)

Financial institutions are often the most vulnerable segment during a crisis when liquidity drops.

(July 29): While the escalating trade tension between the US and China will moderate Malaysia’s economic growth, it will not cause a global economic recession next year, said Bank Negara Malaysia (BNM).

KUALA LUMPUR (Dec 5): Beset with problems, the new team at Lembaga Tabung Haji has crafted a turnaround plan that is likely to involve a special purpose vehicle (SPV) taking over its underperforming assets at book value, sources say.

SINGAPORE (May 16): The five-member Council of Eminent Persons, a team of special advisors announced by Malaysia’s prime minister Mahathir Mohamad on May 12, has hit the ground running.

SINGAPORE (Nov 17): The Malaysian ringgit (MYR) on Wednesday reached a one-year high against the USD at 4.1745. And due to encouraging domestic and external factors, economists expect the MYR to remain strong.

(Oct 11): Malaysia’s central bank has a response to those saying it needs to do more to spur home loans: houses simply aren’t affordable.

SINGAPORE (Sept 26): Maybank Kim Eng is maintaining its “hold” recommendation on OCBC Bank with an unchanged price target of $11.05 pending further details of reduced stakes in the Malaysian business of its 87.9%-owned insurance arm, Great Eastern Hol

SINGAPORE (Sept 8): Former finance minister Datuk Seri Anwar Ibrahim denied that he failed to inform the Cabinet of the entire foreign exchange (forex) trading losses incurred by Bank Negara Malaysia (BNM) in the 1990s.

SINGAPORE (Sept 7): Over the hearing which took place at the Royal Commission of Inquiry (RCI) yesterday, Malaysia’s former second finance minister Tan Sri Nor Mohamed Yakcop, who served as adviser to Bank Negara Malaysia (BNM) from 1998 to 2000, admitt

SINGAPORE (Aug 22): After hearing witnesses’ testimonies on the very first day of hearing, the Royal Commission of Inquiry (RCI) has concluded that Bank Negara Malaysia (BNM) lost about RM31.5 billion in foreign exchange (forex) trading losses in the 19