Fast, factual wire coverage from across Malaysia and the region.
Bank Negara Malaysia issued five separate warnings to Tabung Haji regarding a critical gap between assets and liabilities, Parliament heard. The warnings were allegedly disregarded by the institution's leadership despite posing systemic risk to Malaysia's financial stability.
Malaysia's US$1.5 billion global sukuk issuance last week attracted exceptional investor demand at record-low spreads, demonstrating confidence in the nation's economic fundamentals and reform programme, BNM Governor Datuk Seri Abdul Rasheed Ghaffour said.
Bank Negara Malaysia will implement a more rigorous Performance Measurement Framework to evaluate Malaysia's six development banks from 2027, measuring their success in supporting underserved sectors and comparing their impact against commercial financing alternatives.
Research houses predict Bank Negara Malaysia will hold its overnight policy rate at 2.75 per cent through end-2026, supported by firmer economic growth and controlled inflation expectations across the region.
The ringgit is positioned for a robust rebound after a weak first half, with Bank Negara Malaysia's capital flow initiatives and Malaysia's strong trade performance likely to drive significant appreciation.