BNM Offers Limited-edition Coins To Commemorate ASEAN-Malaysia Chairmanship 2025, DOSM’s 75th Anniversary

KUALA LUMPUR, Nov 7 (Bernama) -- Bank Negara Malaysia (BNM) has announced the issuance of two limited-edition commemorative coins to mark the ASEAN-Malaysia Chairmanship 2025 (ASEAN25) and 75th anniversary of the Department of Statistics Malaysia (DOSM75).  

Ringgit Rises Near One-year High Vs US Dollar After BNM Holds OPR

KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit opened higher against the US dollar on Friday, after Bank Negara Malaysia (BNM) kept the overnight policy rate (OPR) unchanged at 2.75 per cent, touching the 4.17 level.

Ringgit Higher After OPR Stays Pat At 2.75 Pct

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit closed higher on Thursday, remaining steady at the 4.18 level after Bank Negara Malaysia (BNM) maintained the Overnight Policy Rate (OPR) at 2.75 per cent during its final Monetary Policy Committee (MPC) meeting of 2025.

No Immediate Need To Reduce OPR, Malaysia's Economic Outlook Remains Resilient - Analysts

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia (BNM) has room to reduce the overnight policy rate (OPR), but there is no immediate urgency to do so given the country’s resilient economic outlook, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid. 

BNM Maintains OPR At 2.75 Pct

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia (BNM) maintains the overnight policy rate (OPR) at 2.75 per cent at its final Monetary Policy Committee (MPC) meeting for 2025. 

ITOs Must Submit Information To BNM Before Implementing Premium Readjustments — Lim Hui Ying

KUALA LUMPUR, Nov 6 (Bernama) -- Insurers and takaful operators (ITOs) are required to submit all necessary information to Bank Negara Malaysia (BNM) for review before implementing premium readjustments, said Deputy Finance Minister Lim Hui Ying.

AICB Urges Stronger Cross-border Collaboration To Combat Rising Financial Crime Rates

KUALA LUMPUR, Nov 5 (Bernama) -- Rising financial crime rates underscore the urgent need for closer cross-border and ecosystem-wide collaboration to tackle the growing threat, said the Asian Institute of Chartered Bankers (AICB).

Maintaining OPR At 2.75 Pct Provides Better Predictability In Borrowing Costs - Economist

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Nov 5 (Bernama) -- Maintaining the Overnight Policy Rate (OPR) at 2.75 per cent would provide better predictability in borrowing costs, allowing Malaysians to plan capital expenditures and asset purchases with confidence, said an economist. 

Strengthen Collaboration, Creativity, Conduct To Combat Financial Crimes -- BNM Governor

KUALA LUMPUR, Nov 5 (Bernama) -- Bank Negara Malaysia (BNM) has called upon the financial industry to harness the principles of collaboration, creativity and conduct in addressing new challenges and safeguarding the integrity of the financial ecosystem. 

MHIT Receives Encouraging Feedback Ahead Of Year-end Finalisation

KUALA LUMPUR, Nov 5 (Bernama) -- The design and concept of the base Medical and Health Insurance/Takaful (MHIT) product, which are expected to be finalised by the end of this year, has received encouraging feedback from members of the consultative council.

MHIT Receives Encouraging Feedback Ahead Year-end Finalisation

KUALA LUMPUR, Nov 4 (Bernama) -- The base Medical and Health Insurance/Takaful (MHIT) product design and concept, which is expected to be finalised by the end of this year, has received encouraging feedback from members of the consultative council.

ACMM Calls For Transparent Rules On Bank Account Closures

KUALA LUMPUR, Nov 3 (Bernama) -- The Association of Credit Management Malaysia (ACMM) has called on Bank Negara Malaysia (BNM) and the Ministry of Finance to introduce clear and transparent rules on bank account closures amid rising cases of sudden and unexplained suspensions affecting individuals and businesses.