Malaysia
Launch of Malaysia's Financial Mediation Bureau
In a speech given on 20 January Dr Zeti Akhtar Aziz of the Central Bank of Malaysia said the scope of the Financial Mediation Bureau has been expanded to cover Islamic banks and development financial institutions, as well as selected payment system…
Bank Negara's reserves reach new high
Bank Negara Malaysia's foreign reserves reached a new high of RM264.66 billion (US$69.64 million) in the second half of January, due partly to larger inflow of portfolio funds.
Bank Negara Malaysia appoints assistant governors
Bank Negara Malaysia announced on Wednesday that it had appointed Encik Muhammad Bin Ibrahim and Puan Nor Shamsiah Yunus to the post of Assistant Governor, effective from 1 December.
Malaysia issues new polymer notes
Bank Negara Malaysia has issued 80 million pieces of the more durable RM5 polymer banknotes for circulation nationwide, Bank Negara assistant governor Datuk Mohamad Daud Dol Moin said.
Malaysia set to launch plastic money soon
Malaysia's central bank said on Thursday 21 October that it will launch plastic banknotes next week, joining a growing trend for the more durable 'paper' money.
Aziz on creating an Islamic Financial System
In the speech 'Towards creating an Islamic Financial System as an integral part of the International Financial System - strategies and challenges' given on 21 September, Zeti Akhtar Aziz of the Central Bank of Malaysia said that as Islamic finance…
Malaysia's Zeti on Islamic banking & finance
In a speech on 'Current issues and developments in Islamic banking and finance' given on 25 August, Zeti Akhtar Aziz of the Central Bank of Malaysia said that to harness the full potential of the Islamic financial system, genuine endeavours to strengthen…
Bank Negara Malaysia - Annual Report 2003
The Central Bank of Malaysia has published its Annual Report for the year ended 2003. The more optimistic global environment and stronger domestic economic conditions have enhanced Malaysia's prospects as we advance into 2004, the annual report says.
BNM's Zeti on investing in the new Malaysia
In a speech on 'Remaking Malaysia: Investing in the New Malaysia' given on 3 August, Dr Zeti Akhtar Aziz of the Bank Negara Malaysia said during this period of strong fundamentals and rising potential for economic expansion, Malaysia has the flexibility…
Duisenberg plans visit to Kuala Lumpur
Former European Central Bank President Wim Duisenberg will visit Kuala Lumpur in September to deliver a talk on "The Euro and Asia", to be hosted by ABN AMRO Bank Bhd, the Malaysian Dutch Business Council (MDBC) and the Royal Netherlands Embassy, Bernama…
Renminbi float will be monitored closely, Zeti
Malaysia will closely monitor the implications of a possible float in the now-pegged renminbi in the foreign exchange market and particularly the effects on the local economy.
Malaysia's Zeti on the new capital accord
In the speech 'Enhancing the soundness of the banking sector - The New Capital Accord' given on 15 April Zeti Akhtar Aziz of the Central Bank of Malaysia said despite the increased sophistication of the regulatory capital framework and internal economic…
Malaysia to adopt 2-phase Basel II approach
Malaysia will adopt a 2-phase approach towards the Basel II banking accord, said Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz.
A case for removing the ringgit peg in Malaysia
This article looks at Malaysia's ringgit peg, saying that the US dollar's fall has posed questions over its viability. It argues for an immediate restoration of the free float regime, which applied before the local currency was fixed to the US dollar in…
Malaysia's Zeti: ringgit peg 'not misaligned'
Malaysia's central bank governor Zeti Akhtar Aziz said on Friday 6 February that the 3.80 to the US dollar ringgit peg is appropriate and that the Malaysian currency is "not misaligned".
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…