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KUALA LUMPUR: Nor Zahidi Alias has been appointed as an external member of Bank Negara Malaysia’s Monetary Policy Committee (MPC) for a two-year term, effective Jan 1.
Capital and liquidity buffers help cushion impact
SINGAPORE: Most emerging stocks in Asia fell on Friday as worries over surging Covid-19 cases across the globe dampened hopes for a near-term effective vaccine, with Shanghai leading losses after the United States banned investments in some Chinese firms.
KUALA LUMPUR: The Malaysian banking sector has been proactive in addressing the effects of Covid-19.
KUALA LUMPUR: Malaysia does not have to resort to an unconventional monetary policy as the country's deep bond market and diverse set of institutional investors are enough in absorbing a higher bond supply, said Bank Negara Malaysia governor Datuk Nor Shamsiah Mohd Yunus.
KUALA LUMPUR: Everyone, who has been affected by the pandemic, will receive help, Bank Negara Malaysia (BNM) Governor Datuk Nor Shamsiah Mohd Yunus said, quashing misconceptions that are being circulated on targeted repayment assistance.
KUALA LUMPUR: Bank Negara Malaysia expects the impact from the current conditional movement control order (CMCO) to be less severe compared to the containment measures imposed during previous periods and the country to stage a rebound next year.