Lowyat.NET: Latest topics by xerox900

Google currency exchange is back

xerox900 — Thu, 17 Apr 2025 08:55:06 +0800

Back online.

Malaysia international reserve up for July 2024

xerox900 — Thu, 08 Aug 2024 16:02:57 +0800

KUALA LUMPUR, Aug 7 — Malaysia’s international reserves rose to US$114.7 billion as at July 31, 2024, from US$113.82 billion (US$1=RM4.47) as at June 28, 2024.

In a statement today, the central bank said the reserves position was sufficient to finance 5.5 months of imports of goods and services, and was 1.0 time the total short-term external debt.

The main components of the reserves were foreign currency reserves at US$101.0 billion, followed by International Monetary Fund reserves (US$1.3 billion), special drawing rights (SDRs) (US$5.7 billion), gold (US$2.9 billion) and other reserve (US$2.4 billion).

Total assets amounted to RM634.13 billion, comprising gold and foreign exchange reserves, including SDRs (RM541.26 billion), Malaysian government papers (RM12.76 billion), deposits with financial institutions (RM5.44 billion), loans and advances (RM25.18 billion), land and buildings (RM4.12 billion) and other assets (RM45.34 billion).

BNM said capital and liabilities comprised paid-up capital (RM100.0 million), reserves (RM201.81 billion), currency in circulation (RM165.06 billion), deposits by financial institutions (RM146.19 billion), federal government deposits (RM5.85 billion), other deposits (RM66.74 billion), Bank Negara papers (RM15.50 billion), allocation of SDRs (RM29.96 billion), and other liabilities (RM2.89 billion). — Bernama

Inb4 Madani prop up MYR using reserve

Casino misinformation is from PN

xerox900 — Sun, 28 Apr 2024 07:53:37 +0800

PETALING JAYA: Bersatu’s Badrul Hisham Shaharin, better known as Chegubard, has been arrested by the police over a posting on a Bloomberg report of the alleged talks on opening a casino at Forest City in Johor.

His lawyer Rafique Rashid Ali said Badrul was being detained at the Dang Wangi police headquarters for investigation under the Sedition Act as well as the Communications and Multimedia Act.

Source

Nothing good coming out from PN, only slander and misinformation. Really Kesian madani have to counter from all fronts.

PN's failed economic policy reversed by Madani

xerox900 — Sat, 02 Mar 2024 08:27:58 +0800

Cabinet has decided to reinstate cabotage policy exemption for undersea cable repairs, says Loke

PUTRAJAYA: The Cabinet has decided to reinstate the cabotage policy exemption for non-Malaysian vessels to conduct undersea cable repairs that was removed in 2020, says Anthony Loke.

"The effective date of the decision will be announced later," the Transport Minister said in a press conference at the ministry building in Putrajaya on Friday (March 1).

"This is an important decision to attract more foreign investments in the data centre industry and to stimulate the growth of the digital economy," he said, adding that the decision was made in a Cabinet meeting on Friday.

"Immediately after this afternoon's post-Cabinet meeting, instructions will be given for the necessary steps for gazetting.

"We are confident that it can be done within two months," said Loke.

He added that the Transport Ministry had held many discussions with IT companies and the reinstatement of exemption was extensively discussed.

"We concluded that one of the most important policy changes, as far as cabotage is concerned, is to allow the exemption for undersea cable repairs as this is important for IT and telco companies.

Those who supported PN

xerox900 — Mon, 21 Nov 2022 20:44:52 +0800

Can I ask who in PN besides maybe Muhyiddin, Hamzah and Saifuddin got the capability to be a Menteri?

GPS should work with PH

xerox900 — Sun, 20 Nov 2022 13:37:45 +0800

Hear me out,

GPS should consider working with PH because only PH can get majority of Peninsula seats while preserving the multi-cultural Malaysia..

Unlike PH, who actually fighting for Borneo rights, PAS and bersatu are not and trying to enter Borneo with their extremism. They only support GPS now because they need their support to be in federal