BNM instructs iPay88 to further strengthen cyber security controls following data breach incident earlier in the year

Directs banks & card issuers to keep high vigilance over activities of cards
Public reminded under existing payment card rules, customers not liable In a press release today, Bank Negara Malaysia (Bank Negara) said that following the completion of the independent forensic investigation, iPay88, a provider of payment gateway services to banks…Continue Reading

Clock ticking down on US debt time bomb

TOKYO – As milestones go, the US national debt surging past the US$31 trillion mark is especially personal for Haruhiko Kuroda and Yi Gang. The leaders of the Bank of Japan (BOJ) and People’s Bank of China (PBOC), respectively, run the overseas institutions sitting on the largest stockpiles of US government bonds. Japan has $1.23 […]

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Top lawyer who busted Najib faces vengeful legal fire

Newly appointed Malaysian Attorney General Tommy Thomas. Photo: Youtube

SINGAPORE – Tommy Thomas, the lawyer who set in motion the landmark prosecution and ultimate imprisonment of an ex-prime minister for massive corruption, could be regarded as Malaysia’s most consequential attorney-general. But a new government probe into a book he published about his time as the nation’s top prosecutor is widely seen as a setback […]

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US looks on while China takes the Gulf digital

The US-China strategic rivalry extends to the struggle for control over the digital economy — particularly digital infrastructure and technological innovation. China’s digital economy is among the most vibrant in the world, ranking second globally in 2021 at US$7.1 trillion. And it has become a crucial part of the relations between China and Gulf states including Bahrain, […]

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