Malaysia was insulated from climate change and its effects until the last couple of decades when devastating floods ravaged the country. Malaysia has committed to net zero as early as 2050, but this resolve must be supported by corresponding determination from the financial sector to channel resources to the green transition.
Malaysia s economy outperformed expectations in the fourth quarter, partly thanks to strong domestic demand, and the central bank said it expected the country to avoid a recession amid a global
Unlike past trends, Bank Negara Malaysia (BNM) governor Tan Sri Nor Shamsiah Mohd Yunus sees Malaysia’s core inflation taking longer to ease amid high cost and demand pressures.
Bank Negara Malaysia’s deliberation over how much more to raise rates or how long to hold them at the current level hinges on how previous rate increases impacted the economy.