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1-10 results from 751 for query «bnm»

June 21, 2018 12:14 PM Share Market closes below 1,700 points, 31st day of consecutive foreign selling and FOREX reserves down RM8.5 billion

Today was the 31st day of consecutive foreign selling of our share market. RM264.9 million left Malaysia today (Thursday) in addition to the RM238.8 million, RM555 million and RM383.96 million from Monday to Wednesday. This means foreign investors have pulled RM9 billion out of our stock-market since beginning of May on top of the estimated RM20 billion 4

June 9, 2018 2:24 PM Who will declare Malaysia as bankrupt?

Tun Mahathir said today that Malaysia could be declared as bankrupt as our national debt is at critical state. How true is this and who will declare us as bankrupt? 1. Our national debt remains at RM680 billion – not RM1 trillion. The RM1 trillion includes contingent liability of RM200b and another RM150b of committed lease payments – both of which is never 14

June 6, 2018 11:06 AM Kedah customs seizes RM300k undeclared cash in Bukit Kayu Hitam

BUKIT KAYU HITAM: The Kedah Royal Malaysian Customs Department seized RM300,000 of undeclared cash which was not approved by Bank Negara Malaysia (BNM) to be brought into the country through the Immigration, Customs, Quarantine and Security Complex here on May 5. Kedah Customs Director Datuk Johari Alifiah said the cash was seized following an inspection 5

June 5, 2018 9:19 AM BNM declines to comment on talk of Governor resigning

KUALA LUMPUR: Bank Negara Malaysia (BNM) has declined to comment on talks that its Governor, Tan Sri Muhammad Ibrahim, had offered to resign. Social media has been rife with the rumour of his resignation following news quoting people familiar with the matter. Muhammad assumed the office of Governor on May 1, 2016, succeeding Tan Sri Dr Zeti AKhtar Aziz. He is the 8th Governor 7

May 28, 2018 5:06 AM Irwan Serigar no longer member of BNM Board

KUALA LUMPUR: Former Treasury secretary-general Tan Sri Dr Mohd Irwan Serigar Abdullah is no longer a member of Bank Negara Malaysia (BNM) board of directors. "Since Irwan has ceased to hold the office of secretary-general to the Treasury with effect from May 14, 2018, he is no longer a member of BNM Board with effect from that date," BNM said in a statement 7

May 24, 2018 10:41 AM Finance Ministry confirms funds from BNM, Khazanah used to service 1MDB debts

PUTRAJAYA: The Finance Ministry today confirmed that Bank Negara Malaysia (BNM) and Khazanah Nasional Berhad had made payments to the ministry in two separate deals to help service 1Malaysia Development Berhad (1MDB) debt obligations. Finance Minister Lim Guan Eng said the deals amounted to RM3.26 billion, of which RM2.06 billion was raised through the sale of a piece 6

May 24, 2018 3:03 AM BNM maintains that RM2b land transaction was at 'arms-length'

PETALING JAYA: Bank Negara Malaysia (BNM) said the purchase of a 23ha land from the government to develop a Financial Education Hub, was conducted as an 'arms-length' transaction and transacted at fair value as determined by an independent private sector valuer. The central bank said in a statement that it had extended comprehensive information to the anti-graft 6

May 7, 2018 12:54 PM BNM seen holding key rate on moderating core inflation

KUALA LUMPUR: Malaysia’s central bank is expected to leave its benchamrk interest rate unchanged at a policy meeting on Thursday, a day after the country holds a general election, a Reuters poll showed. Eleven economists polled by Reuters were unanimous in expecting Bank Negara Malaysia (BNM) to hold its overnight policy rate at 3.25%, as core and headline 6

May 4, 2018 1:57 PM Houses priced RM300k and above are unaffordable: BNM

KUALA LUMPUR: Houses in the price range of between RM300,000 and RM500,000 should not be categorised as affordable housing for households earning the median income, according to Bank Negara Malaysia (BNM). It said that based on the Housing Cost Burden approach, the maximum price of an affordable house was estimated at only RM282,000, given the 2016 median 17

May 3, 2018 9:01 AM RM2,700 is provisional estimate of living wage, not median income: BNM

KUALA LUMPUR: The monthly income of RM2,700 published in Bank Negara Malaysia's (BNM) 2017 Annual Report is a provisional estimate of a living wage for a single adult in the capital, which does not refer to the median income. FactWatch.my, an initiative by BNM, said the concept of a living wage was also different from the minimum wage and hence, did not supersede 18