Fitch estimates Malaysia’s Islamic finance industry is now worth more than US$800 billion, while Bank Negara Malaysia urges banks to turn tokenised sukuk pilots into everyday deals. A tokenised retail savings sukuk in Budget 2027 could bring the technology to ordinary savers.
Read More
From 1 November, Thai bank branches can ask customers depositing or exchanging 5 million baht or more in cash to explain where the money came from, as the Bank of Thailand widens its campaign against scams, money laundering and the grey economy.
Read More
Bank Negara Malaysia has replaced its 2019 rulebook for the electronic platforms banks and brokers use to trade ringgit FX and short-term funding. The new framework, effective 1 November 2026, sets approval, audit, resilience and conduct standards for operators.
Read More
Online scam losses in Malaysia nearly doubled to RM2.97 billion in 2025, with Selangor and Kuala Lumpur hit hardest. Bank Negara’s Governor says faster fund tracing, tighter online banking security and clearer bank warnings must be matched by users who pause before sending money.
Read More
The Bank of Thailand has opened draft rules for baht stablecoins to public comment. Tokens would need full 1:1 backing in bank deposits, redemption within one business day and no interest, with issuers licensed as payment businesses under central bank supervision.
Read More
Prime Minister Anwar Ibrahim says Interpol has issued a Red Notice for Datuk Mohd Abdul Karim Abdullah, who is wanted by the Securities Commission over an alleged false statement to Bursa Malaysia involving Sarawak Consolidated Industries. Here is what we know.
Read More
Malaysia had 9.2 million active buy now, pay later accounts at end-June 2026, with RM14.7 billion spent in six months and RM6.6 billion outstanding. About 70% of users are lower-income, and the Consumer Credit Commission now requires affordability checks before approval.
Read More
Bank Negara Malaysia’s Project STREAM will move banks, insurers and payment providers from Excel templates to automated API-based reporting, starting with deposits, payments and derivatives data in late 2028. Here’s what changes and why it matters.
Read More
Prime Minister Anwar Ibrahim announced a new Basic Credit Card framework in Budget 2027, capping annual financing rates at 14%. Designed as a no-frills product to promote responsible borrowing, early adopters like Maybank Islamic and CIMB Islamic have already begun rolling out the cards to support budget-conscious consumers.
Read More
Malaysians aged 30 and under hold RM2.4 billion in outstanding Buy-Now-Pay-Later (BNPL) debt, according to new data. The figures highlight growing concerns over digital consumer lending and aggressive credit expansion ahead of the full enforcement of the Consumer Credit Act.
Read More