Malaysia’s financial system, equity market remains smooth

Malaysia’s financial system and equity market continues to operate smoothly ,according to the country’s Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz. During the Minister’s Question Time session in the Dewan Rakyat, the finance minister said the country’s financial system and equity market have continued to function in a good and orderly manner without any disruption to financial intermediation. He said financing actives continue to function well with accumulated funds of MYR72bn as of the end of August for the private bond market and MYR118.7bn for the government bond market. Tengku Zafrul, however, said the country has to be mindful of global developments that have also affected Malaysia’s financial market.