Malaysia

Malaysia's Zeti on how to foster SME growth

In this highly challenging environment, small- and medium-sized enterprises need to initiate their own measures to achieve greater cost efficiency and to enhance productivity improvements, Zeti Akhtar Aziz, the governor of Bank Negara Malaysia, has said.

Mexico's Ortiz: crisis demanded FX strategy shift

The Bank of Mexico had to directly intervene in foreign-exchange markets for the first time for more than a decade earlier this month because of the severity of the impact of the crisis on currency trading, Guillermo Ortiz, the governor of the Bank of…

Bank Negara drafting new law - Zeti

Bank Negara Malaysia is drafting a new central bank law to go to parliament, said Dr Zeti Akhtar Aziz, the governor, in a speech at a conference to celebrate the institution's 50th birthday.

Zeti back further stimulus

Malaysia is unlikely to slip into recession despite slowing exports, but the economy may require another round of stimulus measures, the country's central bank chief said on Wednesday.

Asian central banks act on liquidity shortages

Signs of heightening liquidity tensions in Asia emerged on Tuesday, with the Reserve Bank of India adding Rs20,000 crore ($4.16 billion) to its banking system and Bank Indonesia implementing measures to ease stress in foreign-currency markets. Bank…

Islamic finance - the new Silk Road

As Islamic finance continues to internationalise with expanding scale, there will be greater financial intermediation linkages among the East Asian, West Asian, and the Middle East regions - creating the 'New Silk Road', said Zeti Akhtar Aziz, the…