Zafru pointed out that the government would leave it to Bank Negara to decide whether or not to compel exporters to convert their export proceeds into Ringgit.
Sarawak has reached a noteworthy milestone by attaining high income status.
Bank Negara Malaysia (BNM) is expected to increase the Overnight Policy Rate (OPR) to 3.25 percent.
Anwar pointed out that a higher OPR ensures that our economy can continue growing and that inflation is controlled.
The International Monetary Fund (IMF) warned that a US default would seriously affect the US economy and drag down the global economy;
The Bank Negara would closely monitor the domestic and international economic environment to determine the OPR.
Deutsche Bank’s shares fell sharply on Friday local time, dropping as much as 14.9 percent at one point.
Tengku Zafrul is confident that the Malaysian economy will not face a recession.
Bursa Malaysia has announced that it will amend its business rules and listing regulations
In response to the global economic slowdown in the coming year, Tungku Zafrul listed three top priorities.