EDITION
  • English
  • 中文
  • Bahasa
  • eCommerce
Friday, May 20, 2022
uLearnMoney Subscription Events
No Result
View All Result
Money Compass

Media and partner organizations:

cmc bmc ulearnmoney mylife mcm
  • HOME
  • NEWS
    • Global Market News
    • Local Market News
    • Corporate News
    • PLC News
  • SPECIAL FEATURE
  • COMPASS
    • Financial
    • Investment
    • Start Up
    • Capital
    • Infographics & Quotes
  • MONEY TUBE
  • LIFESTYLE
  • PR NEWSWIRE
Subscription
Newsletter
Money Compass
  • HOME
  • NEWS
    • Global Market News
    • Local Market News
    • Corporate News
    • PLC News
  • SPECIAL FEATURE
  • COMPASS
    • Financial
    • Investment
    • Start Up
    • Capital
    • Infographics & Quotes
  • MONEY TUBE
  • LIFESTYLE
  • PR NEWSWIRE
No Result
View All Result
中文 Bahasa eCommerce
Money Compass

News Snapshot

by moneycompass
October 5, 2018
in News
Share on FacebookShare on WhatsApp
  1. The Central Bank announced the latest international reserves of Bank Negara Malaysia (BNM) is at US$103.6bil. This reserves is enough to finance 7.1 months of retained imports and 1.1 times the short-term external debt. The main components of the international reserves were foreign currency reserves (US$97bil), International Monetary Fund reserves position (US$800mil), Special Drawing Rights (US$1.2bil), gold (US$1.5bil) and other reserve assets (US$3.1bil).
  2. The Prime Minister Datuk Seri Najib Tun Razak has reaffirmed that Malaysia is impossible to go bankrupt as it can control the debt level to diminish it to 50.4% against the self-imposed ceiling of 55%, gathered higher foreign reserves, while works on infrastructure projects are in full swing. The Prime Minister stated that government is implementing the Economic Transformation Programme to stimulate the growth of the economy.
  3. The aim of the final version of Trans-Pacific trade deal is to reduce trade barriers in some Asia-Pacific’s fastest-growing economies, including Malaysia. This action signals the agreement was a step closer to reality even without its star member, which is the United States. The deal will lessen tariffs in economies that together amount to greater than 13% of global gross domestic products (GDP) which has a total amount of $10 trillion.
  4. The Britain’s cross-party Treasury Select Committee of lawmakers stated that they are launching an inquiry into cryptocurrencies and also the underlying distributed ledger technology. The committee said this investigation will emphasize on the opportunities and risks of cryptocurrencies which may be posed to consumers, businesses and the government.
  5. The latest policy released by US Federal Reserve showed that the committees are more confidence to keep increasing the interest rates as most of them believe inflation rate will be enhanced. The expectation is made where the new Fed chief Jerome Powell will lead his colleagues in raising interest rates in March 2018. The voting members and policymakers also upgraded their forecasts towards the economic prospects since December 2017.

weight feavyвинперст отзывы

ShareSendShareSendTweetShare
Previous Post

Maybank Expects 100 million Debit Card Transactions in 2018

Next Post

Export of Rubber Gloves in 2017 Hit An All-Time High

Related Posts

News

A3: STILL ALIVE TO ROLL OUT A SERIES OF SPECIAL BLOCKCHAIN EVENTS IN MAY

20 May 2022
News

DEXLEVO’s GOURI received Asia’s first Best injectable award of the AMWC Awards for its technology recognition

20 May 2022
News

Clinical trial results of Belief BioMed’s hemophilia B gene therapy drug candidate BBM-H901 published in The Lancet Haematology

20 May 2022

Discussion about this post

MOST POPULAR

  • Avanade announces its first Digital Innovation Studio in Malaysia with its long awaited launch held on May 18 this year.

    Avanade Launches its First Digital Innovation Studio in Malaysia

    0 shares
    Share 0 Tweet 0
  • IMF hopeful Malaysia’s 2022 economic prospects would achieve 5.75% growth

    0 shares
    Share 0 Tweet 0
  • Budget 2015: A Panacea or Pandora’s box in the High Inflation Era?

    0 shares
    Share 0 Tweet 0
  • MOSTI Inaugurates Its First MYStartup Pre-Accelerator Programme

    0 shares
    Share 0 Tweet 0
  • Housing market not expected to be affected from OPR hike

    0 shares
    Share 0 Tweet 0

MEMBERSHIP SUBSCRIPTION

Subscribe Now

Sign Up for Our Free Newsletters

Stay up-to-date with the latest personal wealth-related articles, breaking financial market news, and more.

Follow us on Social Media

News
Special Feature
Compass
Money Tube
Smart Lifestyle
Corporate Profile
Advertise
Subscriptions
Career
Contact Us
eLearning
Events
Privacy Policy
Terms of Use
Strategic Partners

Copyright © . Money Compass. All Rights Reserved.

Design and Development by Ant Internet Sdn Bhd

No Result
View All Result
  • HOME
  • NEWS
    • Global Market News
    • Local Market News
    • Corporate News
    • PLC News
  • SPECIAL FEATURE
  • COMPASS
    • Financial
    • Investment
    • Start Up
    • Capital
    • Infographics & Quotes
  • MONEY TUBE
  • LIFESTYLE
  • PR NEWSWIRE

© 2020 Money Compass

Career

SUBSCRIBE FREE NEWSLETTER