Round-the-clock breaking news from Malaysia.
Bank Negara Malaysia issued five warning letters to Tabung Haji regarding its deteriorating financial position, with concerns about systemic risk to Malaysia's financial stability. The warnings were reportedly ignored by TH's management.
Former Bank Negara Malaysia deputy governor Datuk Ooi Sang Kuang has called for the central bank's supervisory framework to move away from rigid, prescriptive rules towards a more collaborative model with financial institutions.
Bank Negara Malaysia will implement a new Performance Measurement Framework from July 2027 to comprehensively assess Malaysia's six development financial institutions, focusing on development impact, governance, and operational efficiency.
MBSB Investment Bank has raised its 2026 GDP growth forecast to 4.5%, driven by stronger-than-expected first-half performance. The upgrade suggests Bank Negara Malaysia will maintain the Overnight Policy Rate at 2.75% throughout the year.