Malaysia
Bank Negara Malaysia - Annual Report 2006
According to the Bank Negara Malaysia's Annual Report 2006, the Malaysian economy strengthened in 2006, with real gross domestic product expanding by 5.9%.
BNM says Malaysian economy still resilient
Bank Negara Malaysia is confident the economy will remain resilient and grow at a healthy 6% despite moderate global growth predicted for the first half of the year, the BNM said Thursday 22 March.
Zeti says Islamic institutions must reach out
Bank Negara Malaysia chief Tan Sri Dr Zeti Akhtar Aziz said in a speech Friday 23 February that Islamic financial institutions must attempt to reach all levels of community to broaden its horizon.
When larger reserves may not really be good
According to this article from the New Straits Times, published Friday 9 February, questions the idea that foreign exchange reserves are a key indicator of macroeconomic strength.
BNM's Zeti on the Strategic Partnership
In a speech at the launch of Strategic Partnership between Credit Guarantee Corporation Berhad and the Islamic Financial Institutions given on 6 February Zeti Akhtar Aziz of the Bank Negara Malaysia said a key national agenda of the Government is to…
Kadir on Malaysia's life insurance industry
In the speech 'Malaysia's life insurance industry' given on 30 January Mohd Razif bin Abd Kadir of the Central Bank of Malaysia said the insurance industry is expected to continue its positive growth momentum in the near term.
BNM's Zeti pleased with 'orderly' ringgit
Bank Negara Malaysia is comfortable with the "orderly" performance of the ringgit, BNM governor Tan Sri Zeti Akhtar Aziz told reporters Tuesday 6 February.
Monetary and exchange rate policy in Malaysia
The Working Paper "Monetary and exchange rate policy in Malaysia before the Asian crisis" from the Institute of Developing Economies provides a case study to characterize the monetary policy regime in Malaysia, from a medium- and long-term perspective.
Zeti says ringgit strength reflecting economy
The strength of the ringgit reflects the underlying fundamentals and the economic conditions at the moment, Bank Negara Malaysia (BNM) governor Tan Sri Dr Zeti Akhtar Aziz said Monday 5 February.
Malaysia confirms dollar reserves shift
Malaysia has moved some of its $82 billion of currency reserves away from the dollar, Prime Minister Abdullah Ahmad Badawi told reporters Tuesday 30 January in Davos.
Malaysia to host Global Islamic Finance Forum
Bank Negara Malaysia will host the inaugural Global Islamic Finance Forum (GIFF) between 26 and 29 March, the BNM said Thursday 25 January.
Bank Negara voted best central bank
Bank Negara Malaysia has been voted as the Best Central Bank in the Islamic Finance news 2006 Best Islamic Banks Poll.
BNM's Zeti at the INCEIF Strategic Partnership
In welcoming remarks at the INCEIF Strategic Partnership 2006 given on 14 December Dr. Zeti Akhtar Aziz of the Bank Negara Malaysia said one of the strategic steps that INCEIF has initiated is the forging into strategic alliances with the five takaful…
Thailand discovers fury of investors scorned
In 24 hours the Bank of Thailand has raised the threat of more widespread use of monetary shock therapy in Asia, according to this article by Bloomberg published Wednesday 20 December.
Malaysia says won't impose capital controls
Malaysia does not intend to adopt a similar stance as Thailand by imposing capital controls, Prime Minister Datuk Seri Abdullah Ahmad Badawi said Wednesday 20 December.
Central bankers in Islamic FSB
The governor of the State Bank of Pakistan, Shamshad Akhtar, has been appointed deputy chairperson of the Islamic Financial Services Board (IFSB) for 2007.
Malaysia holds rates as inflation moderates
As expected, Malaysia's central bank kept interest rates steady at 3.5% for the fifth meeting in a row on Friday. The central bank said lower oil and commodity prices, together with moderate domestic price and wage increases, were keeping inflation in…
Malaysia, Hong Kong launch payment link
Bank Negara Malaysia (BNM) and the Hong Kong Monetary Authority launched a new cross-border payment-vs-payment link between Hong Kong's US dollar real time gross settlement (RTGS) system and Malaysia's ringgit RTGS system, the BNM said Monday 13 November.
Malaysia's Aziz on Islamic financial markets
In the speech 'New opportunities for growth and development in Islamic financial markets' given on 16 October Zeti Akhtar Aziz of the Central Bank of Malaysia said sound corporate governance and effective management of banking institutions are vital to…
BNM's Zeti says Islamic banking well capitalised
The country's Islamic banking industry remains well-capitalised considering the latest financial indicators, Governor of Bank Negara Malaysia Tan Sri Dr Zeti Akhtar Aziz said Monday 16 October.
Zeti says inflation can be dealt with
Bank Negara Malaysia governor Tan Sri Dr Zeti Akhtar Aziz said on Thursday 5 October that monetary policy will be reinforced by a stronger Malaysian currency.
Central banker of the year announced
Several publications announced awards for the world's central bankers this week, including a Euromoney award for Lebanon' s central bank governor Riad Salameh for his management of the crisis during Israel's recent onslaught.
SEA-LAC central bank governors' meeting begins
Central Bank Governors from South East Asia (SEA), Latin America and the Caribbean (LAC) gathered Friday 15 September for the first time in Kuala Lumpur, for the inaugural SEA-LAC Central Bank Governors' Meeting.
Interest rates round-up
A brief round-up of recent interest rate decisions in central banks in emerging markets.