Fast, factual wire coverage from across Malaysia and the region.
Five Bank Negara Malaysia warning letters concerning Tabung Haji management are being referred to the prime minister and cabinet for consideration of public release, following recommendations linked to the Royal Commission of Inquiry findings.
Malaysia's Religious Affairs Minister Dr. Zulkifli Hasan says Lembaga Tabung Haji's financial crisis was preventable had the institution acted on five warning letters from Bank Negara Malaysia between 2014 and 2016.
MBSB Investment Bank has lifted its 2026 GDP growth forecast to 4.5%, citing robust first-half momentum and stable inflation. The central bank is expected to maintain the OPR at 2.75% throughout the year, supporting prolonged monetary easing.
Malaysia's FBM KLCI declined 0.20% to 1,680.18 at midday as investors adopted a cautious stance ahead of Bank Negara's interest rate announcement and the upcoming Johor state elections, tracking a broader Asian technology selloff.
Malaysia's central bank is expected to keep interest rates unchanged this week as cheaper crude oil and the BUDI Diesel programme reduce inflationary pressure, though second-round effects remain a concern.