Bank Negara analyst’s testimony on 1MDB money trail based on Najib’s bank statement, court hears

KUALA LUMPUR: The prosecution in Datuk Seri Najib Tun Razak's 1Malaysia Development Berhad (1MBD) trial told the High Court here that Bank Negara analyst Adam Ariff Mohd Roslan's testimony on the flow of money in 1MDB was based on his analysis on the former premier's bank statements as well as other documentation. Deputy Public Prosecutor Ahmad...

Ringgit likely in range-bound trading this week; to stay within the RM4.63 and RM4.65 range

KUALA LUMPUR (Bernama): The ringgit is expected to trade range-bound with a downward bias against the US dollar this week as the greenback may gain support surrounding global economic uncertainties, an analyst said. Bank Muamalat Malaysia Bhd chief economist and social finance head Mohd Afzanizam Abdul Rashid said the local currency is expected to trade between...

Covid-19: BNM Foregoes All SME & Individual Loan Repayments For 6 Months

Well amidst all this calamity, it would seem that adulting just got a little easier! Based on an article by The Edge Markets, as a means to help with the burden on businesses and households that could be affected by Covid-19, Bank Negara Malaysia has granted an automatic moratorium on loan repayments to small and medium enterprises...