By KINIBIZ
The ringgit is significantly undervalued, Bank Negara Malaysia (BNM) Governor Zeti Akhtar Aziz said. Malaysian businesses therefore, looked closer to home for financing in 2014. The growth of household indebtedness moderated further in 2014 as annual growth of personal loans nearly halved from the previous year. Measures to arrest recent surges in residential property prices are working as aggregate house price growth moderated last year. Domestic demand and an improvement in its external trade performance helped the economy record stronger gross domestic product growth of 6%. Lower pump prices, if sustained, will translate to a total annual savings of about RM7.5 billion on fuel expenditure by households.
Issues
#1
Bank Negara Malaysia expects the external environment to remain challenging in 2015 amid uneven growth and recovery in the global economy. Malaysia’s economy is projected to grow 4.5% to 5.5%.
#2
According to Bank Negara Malaysia’s annual report, domestic demand and positive net exports were the key drivers of the Malaysian economy in 2014, which grew by 6%.
#3
Bank Negara’s measures to arrest recent surges in residential property prices are working, said the central bank, as aggregate house price growth moderated last year. In its Financial Stability ...
#4
The growth of household indebtedness in Malaysia moderated further in 2014 as annual growth of personal loans nearly halved from the previous year.
#5
Posted on March 11, 2015
by BERNAMA
Lower pump price, if sustained, will translate to a total annual savings of about RM7.5 billion on fuel expenditure by households, Bank Negara Malaysia estimation suggest.
#6
Malaysian businesses looked closer to home for financing in 2014 as collective external debt in the business sector nearly stopped growing last year, said Bank Negara Malaysia, improving ...
#7
Posted on March 11, 2015
by KINIBIZ
The ringgit is significantly undervalued, Bank Negara Malaysia (BNM) Governor Zeti Akhtar Aziz said today at a press conference in conjunction with the release of the its 2014 Annual Report. ...
#8
Bank Negara Malaysia (BNM) will not tolerate any wrongdoing the under Anti-Money Laundering Act (Amla), even if it is the state-owned 1Malaysia Development Bhd (1MDB).
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