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Business 29 Apr 2006 | 12:00 AM

Zeti: Rate rise won’t dampen economy

The latest hike in interest rate by Bank Negara is not expected to dampen the economy, said governor Tan Sri Dr Zeti Akhtar Aziz.

Business 10 Jan 2006 | 12:00 AM

Zeti: No plans to change composition of forex reserves

Malaysia has no plans to change the composition of its foreign exchange reserves in the light of a recent Chinese statement indicating a revision by Beijing, Bank Negara governor Tan Sri Zeti Akhtar Aziz said yesterday.

Business 02 Sep 2005 | 12:00 AM

Deposit insurance launched

A NATIONAL insurance scheme for bank deposits is now in operation and will be administered by the newly formed Perbadanan Insurans Deposit Malaysia (PIDM) or Malaysia Deposit Insurance Corp.

Nation 22 Jul 2005 | 12:00 AM

Malaysia, China give up peg

Malaysia and China removed their currency pegs to the US dollar for a managed float against a basket of trade-weighted currencies.

Business 24 Mar 2005 | 12:00 AM

Portfolio funds being turned into longer term papers: Zeti

About 40% of portfolio inflows have been converted into longer term three- to five-year papers, said Bank Negara governor Tan Sri Zeti Akhtar Aziz.

Business 02 Mar 2005 | 12:00 AM

Set up Islamic units, banks told

BANK Negara wants local and foreign banks operating in Malaysia to set up Islamic banking subsidiaries to accelerate the country's growth as an Islamic financial hub for the international community.

Business 21 Jan 2005 | 12:00 AM

Basic banking services at minimal cost from February

Effective Feb 1, banking institutions will be required to provide #8220;basic banking services#8221; to Malaysians at minimal costs, Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz said.

Business 19 Jan 2005 | 12:00 AM

Zeti: Economy projected to grow 6% this year

In the second and final part of the interview with Bank Negara Governor Tan Sri Zeti Akhtar Aziz, she speaks on the continued solid and steady growth of the economy, with the private sector very much in the lead. She also reviews the performance of several growth sectors and touches on concerns over the ringgit peg.

Business 18 Jan 2005 | 12:00 AM

Bank consolidation progressing well

The banking sector has come a long way since the launch of the Financial Sector Master Plan that envisaged the formation of banking groups of a certain size and strength. In her interview of the sector's performance and prospects, Bank Negara Governor TAN SRI ZETI AKHTAR AZIZ looks at the progress charted: new trends and growth areas. She sees that regional expansion is encouraged for the larger banks and shares further details on the liberalisation of the islamic sector.

Business 07 Jul 2004 | 12:00 AM

Stronger growth outlook for second quarter

STRONG trade numbers and increased consumption spending are pointing to strong economic growth for the country in the second quarter, Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz said.