Department of Statistics, Malaysia, Malaysia Institute of Statistics, and Bank Negara Malaysia, will jointly organise the 7th Malaysia Statistics Conference (MyStats 2020) on 21 October 2020 at Putra World Trade Center Kuala Lumpur with the theme “Census Shapes Nation’s Future”.

On 4 August 2020, Genneva Malaysia Sdn Bhd (GMSB) with its four (4) ex-directors, one (1) general manager, three (3) others related individuals including the company business advisor and two (2) other related companies that were charged under section 25(1) of the Banking and Financial Institution Act 1989 (BAFIA) and/or section 4(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLA), were found guilty to the charges for accepting money from depositors without a valid license under section 25(1) of the BAFIA and for involvement in money laundering activities at the Kuala Lumpur High Court.

The Malaysia Digital Economy Corporation (MDEC) today launched the Fintech Booster programme to further support the growth and development of fintech companies in Malaysia.

Bank Negara Malaysia introduced the standing facilities to ensure that overnight interbank rates trade within a corridor around the overnight policy rate by providing a lending/funding facility and a deposit/acceptance facility at the upper (ceiling rate) and lower limit (floor rate) of the corridor, respectively.

This monthly publication comprises the 'Monthly Highlights' report which features key issues surrounding domestic economic and financial developments for the month as well as the release of monthly data covering areas such as the consolidated balance sheet of the Malaysian banking system, financial markets, insurance and takaful, the external sector and other macroeconomic indicators.

In accordance with the IMF SDDS format, the detailed breakdown of international reserves provides forward-looking information on the size, composition and usability of reserves and other foreign currency assets, and the expected and potential future inflows and outflows of foreign exchange of the Federal Government and Bank Negara Malaysia over the next 12-month period.

Bank Negara Malaysia (BNM) refers to the announcement by Yang Amat Berhormat Prime Minister on measures to provide a targeted extension of the moratorium and repayment flexibility to individuals and SMEs who continue to be affected by COVID-19.

The international reserves of Bank Negara Malaysia amounted to USD104.0 billion as at 15 July 2020.

The Bank is inviting written feedback on the exposure draft issued today on Merchant Acquiring Services.