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Five warning letters issued by Bank Negara Malaysia relating to Tabung Haji are set to be referred to the Prime Minister and Cabinet for consideration, part of ongoing scrutiny from a Royal Commission of Inquiry.
Prime Minister Anwar Ibrahim has defended the release of the Royal Commission of Inquiry report on Tabung Haji as a matter of fiduciary responsibility rather than political manoeuvring, highlighting concerns over unheeded regulatory warnings.
Bank Negara Malaysia should transform its supervisory approach from prescriptive rules to collaborative engagement with banks, former deputy governor Datuk Ooi Sang Kuang said, citing the need for regulatory flexibility to nurture emerging industries.
Malaysia's major research houses forecast the central bank will hold its benchmark interest rate at 2.75% through 2026, reflecting confidence in the economy's growth trajectory and stable price pressures despite global headwinds.
Investment banks upgrade Malaysia's economic growth prospects for 2026 to 4.5%, expecting the central bank to maintain interest rates unchanged as domestic fundamentals remain resilient despite external headwinds.