Malaysia
Zeti wins top honours as central banker
Bank Negara Malaysia governor Tan Sri Zeti Akhtar Aziz is The Banker's choice as the central bank governor for 2004.
Bank Negara unveils new anti-copy notes
Bank Negara Malaysia has unveiled its new RM10 notes which contain an anti-copy security feature in the form of a holographic strip on the front.
New Malaysian PM backs currency peg
Abdullah Ahmad Badawi, the recently elected Prime Minister of Malaysia, has said he favours the pegging of the country's currency to the US dollar. "I find that our exchange rate mechanism is very beneficial to our economy," Abdullah told a news…
Zeti sees Malaysia keeping ringgit peg
Speaking at the closing session of Morgan Stanley's Asia Pacific summit, the chief of Malaysia's Bank Negara, Zeti Akhtar Aziz, said rising asset prices and consumer debt are not a problem in Malaysia. He also said Malaysia won't review its ringgit peg,…
Bank Negara hosts BIS meeting on monetary policy
Bank Negara Malaysia will host the sixth meeting of the Bank for International Settlements monetary policy working party beginning 5 November, the Edge Daily reported. Bank Negara said the meeting was being chaired by BIS economic adviser William White,…
Bank Negara payments systems law effective Nov 1
Malaysia's Payment Systems Act 2003 will come into force on 1 November to ensure the efficient functioning and stability of the payments system, according to a report in The Edge Daily. "The Act empowers the central bank to designate payment systems with…
Zeti named Asia's best central bank governor
Bank Negara Malaysia governor Tan Sri Dr Zeti Akhtar Aziz has been named Asia's best central bank governor in a recent poll, according to The Star Online. Zeti, who is Asia's first female central bank governor, describes herself as a "career central…
Malaysian c bank's Zeti says ringgit peg to remain
Malaysia's central bank chief Zeti Akhtar Aziz told reporters that the government will only make a review on re-pegging the ringgit if there is a significant fundamental structural change within the region, AFX Asia said.
Bank Negara Malaysia consults on money laundering
Bank Negara Malaysia is consulting before invoking the Anti-Money Laundering Act 2001, reports The Edge Daily. Speaking at the Asean Anti-Money Laundering Workshop on July 28, governor Dr Zeti Akhtar Aziz said the consultations undertaken by its Finance…
Zeti: Malaysia's growth exceeded expectations
Speaking on Monday 27 July, Bank Negara Malaysia governor Zeti Akhtar Aziz said that second-quarter economic growth has exceeded government expectations and the underlying trend is intact, according to Associated Press.
Malaysia PM - Reserve level up to central bank
Malaysian prime minister Mahathir Mohamad has said that the level of reserves the country's central bank holds is up to it to decide. "I think Bank Negara is managing its reserves very well," he said, as reported by the New Straits Times.
Malaysia plans Islamic licences for foreign banks
Bank Negara Malaysia Governor Zeti Akhtar Aziz said in a statement on Monday 2 June that following the faster-than-expected development of Islamic banking in Malaysia the bank plans to issue new Islamic banking licences to foreign banks, according to Dow…
Zeti reappointed Malaysia's cen bank chief: report
Reports on Sunday 11 May from ChannelNewsAsia said that Malaysia's central bank chief Zeti Akhtar Aziz has been reappointed for another three-year term. A spokesman said the King was pleased with Zeti's work in leading Bank Negara which has brought…
Malaysia's central bank governor's term extended
The governor of Malaysia's central bank Datuk Dr Zeti Akhtar Aziz has been reappointed for another three year term. The move reinforced confidence of the political leadership in Dr Zeti's stewardship of the central bank, The Star Online quoted sources as…
Bank Negara Malaysia - Annual Report 2002
The Central Bank of Malaysia has published its Annual Report for the year ended 2002.
ABM lauds Bank Negara monetary measures
Malaysia's Association of Banks has praised measures set out by the central bank governor in the 2002 Annual Report. It said the steps would help maintain growth and support business activity.
Bank Negara: Equal emphasis on supply-side
Publishing its annual report for 2002, the central bank of Malaysia said the conduct of monetary policy would focus primarily on ensuring favourable conditions on cost, market liquidity and accessibility, the Edge Daily reports
IFSB appoints Rifaat as first secretary-general
MALAYSIA - The newly established Islamic Financial Services Board (IFSB) has appointed Prof Rifaat Ahmed Abdel Karim as its first secretary-general for a three-year term.
Bank Negara set to host IFSB seminar
MALAYSIA - Malaysia's central bank, Bank Negara Malaysia, is hosting a two-day seminar on Islamic Financial Services Board (IFSB) on 3-4 November in Kuala Lumpur.
Malaysia pushes for 'gold dinar'
MALAYSIA - Malaysia will set up a secretariat to study and promote the use of the gold dinar as currency for international trade if the cabinet agrees, Prime Minister Mahathir Mohamad said yesterday.
Malaysian gov't presses ahead on use of gold dinar
MALAYSIA - The government will set up a secretariat to study and promote the use of the gold dinar as currency for international trade if the cabinet agrees, Prime Minister Dr Mahathir Mohamad said today.
'Fingerprint' card system test in Malaysia
MALAYSIA - MasterCard International is testing an antifraud system meant to detect counterfeit payment cards by reading the properties and orientation of the microscopic particles in a magnetic stripe.
Bank Negara reserves reach 2-year high
MALAYSIA - Bank Negara Malaysia's international reserves reached their highest level in two years to RM127.7 billion when they jumped RM3.6 billion at the end of June.
Malaysia to introduce smart cards next year
MALAYSIA - While commercial banks will reimburse those who had money illegally withdrawn from automated teller machines, Bank Negara has directed banks to replace magnetic strips with chip technology from next year.