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.

KUALA LUMPUR, May 17 — Banking institutions have been urged to be more aware of money transfers made by individuals to company accounts suspected to be mule accounts for investment scams.

KUALA LUMPUR, March 20 — The liquidity and funding positions of the banking system remained strong in the second half of 2023, Bank Negara Malaysia (BNM) said.

KUALA LUMPUR, Feb 19 — The government has urged the country’s banking industry to remain competitive in dealing with the concurrent three Cs phenomenon in postnormal times — complexity, chaos, and contradictions.

KUALA LUMPUR, Jan 2 — Investment analysts have maintained a positive stance on Malaysia’s banking sector for 2024.

KUALA LUMPUR, Oct 4 — MIDF Research is maintaining a “positive” call on the banking sector as loan applications and approvals hit new highs this month.

KUALA LUMPUR, June 30 — The government has called on banks to continue to offer loan repayment assistance to individuals and small and medium enterprises (SMEs) in need, including assistance in scheduling and restructuring their loans.

KUALA LUMPUR, March 15 — The exposure of Malaysia’s banking institutions to the collapse of United States (US)-based Silicon Valley Bank (SVB) is minimal and limited based on the authorities’ assessment, according to Deputy Finance Minister Steven Sim Chee Keong.

KUALA LUMPUR, Feb 13 — The government is considering to expand the Rahmah Menu initiative not only in the food industry but also to involve the corporate and banking sectors.

KUALA LUMPUR, Dec 15 — CGS-CIMB has reiterated its 'overweight' call on banks supported by its projection of stronger core net profit (CNP) growth in 2023, which would accelerate to 20.8 per cent due to the non-recurrence of the prosperity tax or cukai makmur (CM) taxation.

LONDON/NEW YORK, Sept 2 — Finance bosses are offering more incentives, including free meals, ping pong and "contemplative spaces" as they battle to get staff back to the office, while concerns about the cost and value of commuting to work weigh on attendance worldwide.

KUALA LUMPUR, July 4 — S&P Global Market Intelligence is projecting the aggregate dividend payout of the Asia-Pacific banking sector to grow at a slower pace of seven per cent year-on-year for the fiscal year (FY) of 2022 to US$209 billion (RM921.7 billion).

KUALA LUMPUR, Oct 20 — CGS-CIMB Research has reiterated its “overweight” call on banks in Malaysia, on the expectation of a recovery in net profit growth in 2021.