MALAYSIA’S central bank will stop accepting new applications under its RM2 billion assistance guarantee scheme for small and medium-sized companies from today after helping more than 9,000 companies, Bank Negara said in a statement today.
The scheme was established in February to ensure smaller companies affected by the country’s economic slowdown would continue to have access [...]

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Continue from Part 1 previously:

When the economy and the threat inflation is high, Bank Negara Malaysia will tighten it’s basic monetary funds back with interest or what is referred to as the easy cash from the banking system and increase the profit rate. Profit rate is higher will encourage many people to reduce savings and [...]

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As the power holder of monetary, Bank Negara Malaysia is responsible for the stability of our monetary. Monetary stability refers to the value of the Ringgit Malaysia money. The best way to protect the value of the Ringgit is maintain price stability, which determine the inflation rate in Malaysia continues to be at the low [...]

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