Bank Negara appoints two external members to MPC

Nor Zahidi appointed external member to Bank Negara’s Monetary Policy Committee

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.

Lenders take Covid-19 challenges in their stride

Capital and liquidity buffers help cushion impact

Policies for a common goal

From AKMAL AB WAHAB, Kuala Lumpur.

Another loan moratorium not a good idea

Bankers say it will only extend their pain

Asian stocks drop as virus worries offset vaccine-led recovery hopes

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.

Cautious banking sector making provisions for 3Q, Bank Negara Governor says

KUALA LUMPUR: The Malaysian banking sector has been proactive in addressing the effects of Covid-19.

Bank Negara: No need for unconventional monetary policy

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.

Bank Negara assures financial help for those in need

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.

Bank Negara sees CMCO impact less severe than previously

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.