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News

BNM Publishes Bank Rakyat Penalty Months After Imposing It, Raising Questions On Disclosure Timing

Malaysia's RMiT policy framework requires financial institutions to detect, respond to, and recover from cyber threats under strict timelines. Bank Rakyat fell short on multiple counts.

AI-Native Design Planned For BankX Bank As SCBX Targets Thailand Underserved Segments

Thailand's virtual banking framework limits licences to three groups. With SCBX, Krungthai, and Ascend Money all in pre-launch preparation, branchless banking is months away.

Indonesia Secures USD10.2 Billion In Investment Agreements With South Korea

South Korea identified Indonesia's LNG and coal supply role as strategically critical amid the Middle East energy crisis reshaping Asian investment flows.

TransNusa Adds Lombok As Its Domestic Network Widens

The new TransNusa Jakarta to Lombok service arrives as Indonesia positions Lombok as a credible alternative to Bali for both leisure and adventure travel segments.

Singtel Exits Dash As Western Union Completes First APAC Wallet Acquisition

Singtel exits Dash as part of its Singtel28 strategy to refocus on core connectivity and digital infrastructure businesses.

From Remittance-Only To Full Financial Infrastructure: Airwallex’s Malaysia Upgrade

Airwallex grew its Malaysia team 66 percent in 2025 and plans to double headcount again in 2026, signaling long-term market commitment.

Pope Leo Calls For Peace, Renewal In His 1st Easter Mass Message

Pope Leo XIV encouraged the faithful to embrace renewal and remain grounded in faith.

DBS Bank Suffers Digital Banking Disruption In Singapore, MAS Engages On Root Cause

Physical cards and ATMs stayed operational during the DBS outage, but cashless-dependent customers were left stranded at checkout.

Bongao Fuel Crisis: Philippine Energy Emergency Reaches The Country’s Southernmost Communities

Mayor Jasper Que appealed to oil companies in Zamboanga City to allow drum purchases. In the absence of fuel, the congressional office distributed ₱5,000 cash to tricycle drivers who had nowhere to fill up.

Singapore Activates Apex Crisis Body As Strait Of Hormuz Disruptions Threaten Energy And Supply Chains

The HCMC's mandate has expanded beyond fuel to cover food supply shocks, fertilizer costs, diplomatic risks, and security contingencies.