Look under surface differences in financial systems to comprehend how money, economic structures really function, says ex-banker

Major robbery leaves dozens of angry customers as contents of several thousand safe deposit boxes made off with

Banking sector leads gains, supported by stable local rates and a firmer ringgit

Industry groups waive fees to replace damaged documents and cards, provide aid for MSMEs

Siblings accused of defrauding banks among 14 designated economic offenders on the run

Both accused face up to RM100,000 in fines, 20 years' imprisonment if convicted

All accused face up to RM100,000 in fines, ten years' imprisonment if convicted

MACC obtains approval to prosecute suspects, charges expected to be brought before Shah Alam Sessions Court

Four accused face 20 years imprisonment, RM10,000 bribe, both upon conviction

Such a financial institution needed to address significant economic disparities between member states

Banks find it difficult to handle, evaluate intangible assets, says analysts

Singaporean bank for the ultra-wealthy is on track to hit SG$2 bln by end of next year

SINGAPORE, June 30 — Singapore’s new law, which enables the police to better protect individuals targeted by ongoing scams, will come into effect tomorrow (July 1), according to the Ministry of Home Affairs (MHA).

KUALA LUMPUR, June 30 — The banking system's liquidity position remained healthy in May, supporting financial intermediation, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, March 21 — RAM Rating Services Bhd has maintained a stable outlook on the Malaysian banking sector in 2025 despite external pressure.

KUALA LUMPUR, Dec 19 — Financial institutions in the country have successfully blocked a total of RM302 million in fraudulent and suspicious transactions as of September 2024, said Deputy Finance Minister Lim Hui Ying.

SINGAPORE, Sept 1 — Singapore's Home Ministry has said it will introduce a law in the coming months to grant police the power to temporarily restrict the banking transactions of targets of scams who refuse to believe they are being duped.

JAKARTA, July 12 — The recent cyberattack in Indonesia, which massively disrupted its national data system, has urged the country to strengthen its cyber resilience and evaluate its digital technology policy.

KUALA LUMPUR, July 3 — The increasing number of sophisticated cyber threats due to the use of advanced software, like deepfakes among scammers, requires enhanced protection measures to safeguard public transactions.

SINGAPORE, Jun 20 — Singapore's banking sector, including wealth management, poses the highest money-laundering risk in the city-state, the government said in a money-laundering risk assessment report published today.