KUALA LUMPUR, Oct 14 — Malaysia's strong financial institutions, system and preparedness can safeguard its economy from falling into a crisis, said Bank Negara Malaysia Deputy Governor Jessica Chew. “We have the capacity to respond to the potential spike in infections much better than we...
Wednesday, 14 Oct 2020 12:47 PM MYT
“We have the capacity to respond to the potential spike in infections much better than we did, say, in March. Yesterday, 660 new Covid-19 cases were reported, bringing the total number of infections recorded to 16,880.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bank Negara sees most Malaysian households withstanding equity market shocks | Malay MailKUALA LUMPUR, Oct 14 — Some households are facing increased financial stress, despite a cautious stance that reflected in the weaker loan growth amid movement restrictions and lower discretionary purchases. As of June 2020, household debt moderated to 4.0 per cent compared with 5.5 per cent...
Read more »
Bank Negara to cut interest rates again, in November? | New Straits TimesKUALA LUMPUR: Bank Negara Malaysia could possibly cut interest rates again in November following rising Covid-19 cases and stalling economic recovery, Standard Chartered Bank said.
Read more »
World Bank approves US$12 bil to vaccinate 'a billion people' against virusThe money is part of an overall package through June 2021 to battle the pandemic. FMTTNews
Read more »
UN tells World Bank to stop backing fossil fuelA report found the lender had invested US$12 billion in the sector since 2015. FMTNews
Read more »