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Business

Bank Negara plans to extend observation period for NSFR to 2020

KUALA LUMPUR: Bank Negara Malaysia plans to extend the observation period for the net stable funding ratio (NSFR) in the country for another year to 2020, says its Governor Datuk Nor Shamsiah Yunus.

Nation

New Bank Negara head in the works

PUTRAJAYA: A new Bank Negara governor and a special committee to probe issues on finances, governance and procurement are next on Tun Dr Mahathir Mohamad’s list.

Business

Bank Negara: Claims of overbuilding are based on ‘inaccurate’ definition

KUALA LUMPUR: Bank Negara says claims by property developers that there is an overbuilding situation in the affordable housing market is based on the “inaccurate” definition of the segment.

Business

Bank Negara keeps overnight policy rate at 3%

PETALING JAYA: Bank Negara has retained the benchmark overnight policy rate (OPR) at 3% as the central bank remains accomodative of Malaysia’s economic growth, moving forward.

Business

Bank Negara: Banking M&As driven by market

PETALING JAYA: Mergers and acquisitions (M&As) in the banking industry are driven by the market, which in turn is based largely on commercial and business considerations, Bank Negara said.

Business

Bank Negara may hold key rate as economy recovers

KUALA LUMPUR: Bank Negara is expected to hold its benchmark rate tomorrow, as the economy has improved after struggling due to poor global oil and commodity prices for more than a year.

Business

Spotlight on Bank Negara reserves

PETALING JAYA: All eyes are on the next international reserve data to be released by Bank Negara tomorrow to determine how much has been used to defend the ringgit against the US dollar since Nov 11

Business

Bank Negara eases hedging rules

PETALING JAYA: Bank Negara will make it easier for local companies and individuals to hedge their US dollar and Chinese yuan requirements at home.

Business

Abdul Rasheed appointed deputy Bank Negara governor

PETALING JAYA: Bank Negara announced that Shaik Abdul Rasheed Abdul Ghaffour (pic) has been appointed deputy governor for a three-year term effective July 16.

Nation

Bank Negara: 1MDB breached exchange controls, three permissions revoked

PETALING JAYA: Bank Negara Malaysia has revoked three permissions granted to 1Malaysia Development Berhad (1MDB) for investments abroad worth US$1.83bil (RM7.58bil).