Sharp, essential news and analysis from Malaysia.
Malaysia's Religious Affairs Minister says Lembaga Tabung Haji's RM10 billion crisis was preventable if the institution had responded to five warning letters from Bank Negara Malaysia issued between 2014 and 2016.
Former Bank Negara Malaysia deputy governor Datuk Ooi Sang Kuang has called for the central bank's regulatory framework to become more collaborative and consultative, employing greater use of sandboxes to support emerging industries.
Bank Negara Malaysia will implement a more rigorous evaluation system for Malaysia's six development banks starting July 2027, assessing their development impact, financing additionality, and operational efficiency across priority sectors.
Analysts across major Malaysian research houses predict Bank Negara Malaysia will maintain its overnight policy rate at 2.75 per cent through the end of 2026, underpinned by improving economic growth and stable inflation expectations.
The ringgit is expected to rebound strongly from June's weak performance, with Bank Negara Malaysia's foreign-exchange initiatives and Malaysia's robust trade surplus driving optimism for currency appreciation to 3.80-3.95 per dollar by year-end.