Tag Archives: Bank Negara

August 24

Bank Negara: Don’t wait for deadline day to replace credit cards

Holders of credit or debit cards must start replacing their signature-based cards to the new ones that use PIN (personal identification number) before the anticipated rush as the year-end deadline looms. Bank Negara Malaysia and bank industry players are worried that there will be massive congestion if cardholders wait until the last minute to replace […]

April 30

Zeti says goodbye to the media

Outgoing Bank Negara Malaysia (BNM) Governor, Tan Sri Dr Zeti Akhtar Aziz, took time off from her long meeting to greet the media on her second last day as the country’s seventh and first woman governor. At 7.35pm, Zeti, who was clad in her famous royal blue baju kurung, was smiling and graciously addressed the […]

April 06

Court orders Rafizi to stand trial over NFC bank leaks

PKR secretary-general Rafizi Ramli will stand trial for allegedly leaking confidential bank details linked to the National Feedlot Corporation (NFC), after the Federal Court today dismissed his appeal to strike out the charge. Malaysian Insider has the report: The Pandan MP had turned to the Federal Court in his attempt to have the charge against […]

March 31

Ringgit victim of ‘poor perception’

Bank Negara Malaysia (BNM) governor Tan Sri Dr Zeti Akhtar Aziz was in the media spotlight recently. The press conference following BNM’s release of its 2014 annual report became a spirited question-and-answer session focusing on the depreciating ringgit, said to be linked to falling oil prices and the 1Malaysia Development Bhd (1MDB) controversy. Grilled by […]

January 12

White Paper needed to explain falling reserves

Bank Negara’s announcement last Thursday that our foreign reserves fell dramatically by RM36 billion in 2014 is worrying. It calls for a full explanation in a White Paper. Malaysians need a full explanation as to why the decline is happening and what will be done to arrest this serious problem. We need to be assured […]

January 06

Bank Negara grills top executives as 1MDB fails to settle RM2 billion debt again

Today Malaysians wake up to this piece of news. And I really mean wake up. Malaysian Insider and its counterpart The Edge Financial Daily report – Not only is heavily indebted 1Malaysia Development Bhd (1MDB) getting a new chief executive officer (CEO), but it has also failed for a second time to pay a RM2 […]