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Bank Negara governor: Current monetary policy stance remains accommodative | Money

KUALA LUMPUR, March 30 ― Bank Negara Malaysia (BNM) today reiterated that it considers the current monetary policy stance as appropriate and accommodative given the prevailing outlook and growth of inflation in 2022. BNM Governor Tan Sri Nor Shamsiah Mohd Yunus said the central bank recognised. ....

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Is Malaysia entering a high inflation cycle?

Global inflationary pressures have risen in the eye of a perfect storm underpinned by supply disruptions, surging energy and commodity prices, and increased demand amid economic reopening. Back in Malaysia, most economists expect inflation to trend higher this year to reflect the rise in commodity prices and wages, but do not expect inflation to accelerate rapidly like in the US as domestic fuel subsidies limit the upside. ....

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Axiata Group, RHB Bank among contenders for digital bank permits

Malaysia’s largest mobile phone network operator and fourth largest bank are among key contenders to win one of five coveted digital banking licences in the country, which could unlock a slice of the booming e-commerce market. ....

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BNM appoints Suhaimi Ali as assistant governor

BNM appoints Suhaimi Ali as assistant governor
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Bank Negara Malaysia appoints Suhaimi Ali as assistant governor | Money

KUALA LUMPUR, March 16 ― Bank Negara Malaysia (BNM) has appointed Suhaimi Ali as assistant governor, effective April 1, 2022, while assistant governor Norzila Abdul Aziz retires on the same day. The central bank said assistant governor Adnan Zaylani Mohamad Zahid would assume Norzila’s existing. ....

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