Page 4 - சமூக பொருளாதார ஆராய்ச்சி மையம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Insight - Property and auto loans to pick up
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Insight - Combating acts of bid rigging
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The central bank will be lifting the export conversion rule, which will allow resident exporters to manage their own export conversions according to their foreign exchange cash flow needs. Secondly, exports will be allowed to settle domestic trade in foreign currency with other resident corporates operating in the global supply chain.
KUALA LUMPUR: Bank Negara has announced five new measures to further liberalise the foreign exchange policy (FEP) to allow greater flexibility for businesses and to foster a conducive environment in attracting foreign direct investment (FDI) to Malaysia.
The central bank will be lifting the export conversion rule, which will allow resident exporters to manage their own export conversions according to their foreign exchange cash flow needs.
KUALA LUMPUR (April 1): Malaysia s household debt-to-Gross Domestic Product (GDP) ratio surged to a new peak of 93.3% as at December 2020 from its previous record high of 87.5% in June 2020, according to Bank Negara Malaysia (BNM).
BNM said this is mainly because growth in the nation’s household debt had normalised to pre-pandemic levels in the second half of 2020 (2H20), but the GDP remained below pre-Covid-19 levels. A concern over high household debt is that it may lead to a rapid deleveraging by households in the aftermath of a crisis, thus dampening or derailing economic recovery, BNM warned in its Financial Stability Review for Second Half 2020 report released yesterday.
Malaysia s household debt-to-GDP ratio surges to new peak of 93 3%
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