Category: Malaysia
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Malaysia Macro Brief: August 2025
Malaysia’s pivot is now unmistakeable. After a year of standing still, Bank Negara Malaysia (BNM) has cut the OPR - and the ripple effects are spreading. Liquidity is looser, growth is softening and inflation remains muted. The Ringgit is still under pressure, black-market FX has crept back in and banks continue to cap overseas card…
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Malaysia Macro Brief: July 2025
Malaysia has finally moved. After a year of policy pause, Bank Negara Malaysia (BNM) has cut rates - quietly, deliberately, and without the usual fanfare. Liquidity had already been loosening behind the scenes and now the shift is official. At the same time, the Ringgit remains under pressure, black market FX is back in play…
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Malaysia Macro Brief: June 2025
Malaysia’s macro landscape is shifting. The central bank is still holding the line on interest rates – but not without movement elsewhere. Liquidity has been loosened, downside risks are mounting and a dovish turn is starting to take shape. The Ringgit remains fragile, informal FX trading is quietly persisting and banks are still tightening cross-border…
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Malaysia Macro Brief: May 2025
Malaysia’s macro policy stance remains steady - but not still. Bank Negara Malaysia (BNM) is holding rates firm, the Ringgit is under pressure and signs of financial tightening are quietly building. Black market rates have started creeping back in, retail card usage overseas is facing new restrictions and the central bank is clearly watching capital…
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Malaysia: Macro Brief April 2025
Malaysia’s economic policy landscape has stayed broadly stable over the past month - but not without pressure points. Bank Negara Malaysia (BNM) is holding its line on rates, the Ringgit remains fragile, and there are signs of tightening behind the scenes. At the same time, labour market resilience and the digital banking rollout continue to…