ASEAN+3 Must Strengthen Payment Connectivity to Support Regional Integration and Resilience – AMRO Study Finds

BY TENGKU NOOR SHAMSIAH TENGKU ABDULLAH SINGAPORE/MANILA, May 4 – ASEAN+3 needs to urgently strengthen cross-border payment connectivity to support regional integration and resilience amid rising global fragmentation and rapid digital transformation, according to a new policy perspectives paper published today by the ASEAN+3 Macroeconomic Research Office (AMRO). The paper was formally welcomed at the…

Read More

BNM Stress Tests Show Malaysia’s Banks Can Withstand Severe Global Shocks

Central bank says financial institutions remain well capitalised even under scenarios more severe than the Global Financial Crisis and the Covid-19 pandemic. BY TENGKU NOOR SHAMSIAH TENGKU ABDULLAH KUALA LUMPUR, April 1 — Malaysia’s banking system remains resilient and capable of withstanding severe economic shocks, including scenarios more extreme than the Global Financial Crisis and…

Read More