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Monetary Authority of Singapore tightens cyber security rules for financial institutions

THE Monetary Authority of Singapore (MAS) has moved to tighten the rules on cyber security for financial institutions (FIs) in Singapore by proposing...

Foreigners can buy property, but will not be issued residential visas: Mahathir

[KUALA LUMPUR] Malaysian Prime Minister Mahathir Mohamad said on Tuesday foreigners can buy residential units at Johor’s controversial Forest City...

From Sept 1, 2019, collecting NRIC numbers and making copies of identity cards will be illegal in Singapore

FROM Sept 1 next year, it will be illegal for organisations to collect, use or disclose NRIC numbers or make copies of the identity card, under...

Monetary Authority of Singapore and Dubai authority sign fintech accord

THE Monetary Authority of Singapore (MAS) and the Dubai Financial Services Authority (DFSA) have signed an agreement that paves the way for each...

Indonesia wants to halve the foreign ownership of its sovereign bonds in five years

INDONESIA, rattled by a global emerging market sell-off, wants to halve the foreign ownership of its sovereign bonds in five years as the government...

Mahathir cancels China-backed projects worth US$22b to reduce national debt

MALAYSIAN Prime Minister Mahathir Mohamad confirmed during a visit to Beijing on Tuesday that three China-backed projects totalling US$22 billion...

Indonesian central bank says no plan for capital controls

INDONESIA'S central bank has no plan to implement capital controls to support the rupiah during periods of global market volatility, its...

Malaysian reports say Nor Shamsiah tipped as central bank chief

[KUALA LUMPUR] Malaysia's local media speculated that Nor Shamsiah Mohd Yunus will be named as governor of the central bank after Bloomberg News...

Malaysia's new government considering replacing stock market chief: sources

[KUALA LUMPUR] Malaysia is looking to replace the chief executive officer of the national stock exchange, two sources said on Wednesday, the latest...