Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
Essayer OR - Gratuit
KL to look beyond monetary policy as it faces tariff disputes
The Straits Times
|April 10, 2025
Bank Negara Malaysia says the country is in position of strength
-
KUALA LUMPUR - Malaysia's central bank is looking beyond monetary policy to weather the fallout from US President Donald Trump's actions, arguing that the country is entering the tariff disputes from a position of strength.
Strong investment activity, resilient domestic demand and diversified trade partners will help provide some support to the economy, Bank Negara Malaysia (BNM) governor Abdul Rasheed Ghaffour said in a Bloomberg TV interview.
Policymakers also have numerous policy tools to mitigate the impact of sweeping US tariffs.
"Monetary policy cannot resolve trade wars. It's not the best tool to do it," he said on April 9. "What's important for us is what's the mandate that we want. We want to achieve price stability that provides sustainable economic growth to the country."
Cette histoire est tirée de l'édition April 10, 2025 de The Straits Times.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE The Straits Times
The Straits Times
Silver lining amid dark clouds as Asean recognises need to deepen unity, says PM Wong
Grouping has taken 'considerable steps forward', including entry of Timor-Leste
3 mins
October 29, 2025
The Straits Times
Countries have to see benefits of Asean power grid for it to take off: Expert
For the Asean power grid to take off, countries need to have a clearer picture of the benefits of being connected, said sustainable finance expert Lisa Sachs on Oct 28.
4 mins
October 29, 2025
The Straits Times
PM Wong meets leaders of Vietnam, Malaysia on sidelines of Asean Summit
Prime Minister Lawrence Wong met the leaders of Vietnam and Malaysia on the sidelines of the 47th Asean Summit in Kuala Lumpur on Oct 28.
2 mins
October 29, 2025
The Straits Times
Oct 29 South Africa (Durbanville) preview Oliver ready to bounce back to his best
RACE 1(1,400M)
3 mins
October 29, 2025
The Straits Times
Trump-Xi summit might yield only a brief detente: Analysts
Fundamental differences mean progress will be limited, they say
4 mins
October 29, 2025
The Straits Times
What cervical screening can tell about your health
Abnormal pap smear results could indicate treatable infections or early signs of cancer, says obstetrician and gynaecologist Timothy Lim Yong Kuei
2 mins
October 29, 2025
The Straits Times
MAS launches $15m grant to help financial institutions take part in carbon markets
The Republic’s central bank is setting aside $15 million to equip financial institutions here with the resources they need to get involved in the country’s emerging carbon trading sector.
3 mins
October 29, 2025
The Straits Times
Marina Bay Sands fined $315k over 2023 data breach involving more than 600,000 visitors
Marina Bay Sands (MBS) has been hit with a $315,000 fine by the Personal Data Protection Commission (PDPC), two years after a data breach leaked the personal information of more than 600,000 visitors.
2 mins
October 29, 2025
The Straits Times
Ron Sim’s LAC to keep stores open while appealing GNC ruling
Singapore International Commercial Court gave GNC rights to LAC’s retail leases here
3 mins
October 29, 2025
The Straits Times
Trump in the spotlight, Asean in the shadows
Mr Trump and Asean operate differently. Ms Susannah Patton, deputy research director at Australian think-tank Lowy Institute, said in a commentary that he is “a leader who emphasises his own unique deal-making genius to reshape international affairs”, while Asean “prioritises consensus and incremental cooperation”. One thrives on command, the other on compromise.
4 mins
October 29, 2025
Listen
Translate
Change font size