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Malaysia and Singapore to Boost Cybercrime Cooperation in Cross-Border Crime Agreement

Key Takeaway: Cybercrime will be included in Malaysia-Singapore cross-border crime cooperation , as the two countries prepare to renew their Memorandum of Understanding (MOU) on the matter. Malaysia’s Home Minister, Datuk Seri Saifuddin Nasution Ismail, announced that cybercrime will be a new focus in Malaysia-Singapore cross-border crime collaboration . The updated MOU will be signed on Nov 14 during Saifuddin’s meeting with Singapore’s Minister of Home Affairs and Law, K. Shanmugam. This move reflects the growing threat of cybercrime , which costs ASEAN an estimated US$64 billion annually. The agreement emphasizes capacity-building, intelligence-sharing, and joint operations as vital components for addressing cybercrime. The exchange of MOU documents will occur at the Annual Leaders' Retreat on Dec 8 in Malaysia, which will be attended by the prime ministers of both nations. Saifuddin also highlighted plans to discuss border congestion issues and will visit Singapore’s Immi
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South Korean Stock Market Nears MSCI Developed Status

South Korea’s Financial Services Commission vice-chairman, Kim So-young, announced a higher likelihood of South Korea’s stock market achieving developed market status from MSCI in 2025, following key improvements in market accessibility.

At a press conference, Kim confirmed the planned removal of a short-selling ban by March, a change expected to enhance market inclusion chances. MSCI has previously cited short-selling policies as a barrier for foreign investors.

South Korea’s recent inclusion in the FTSE Russell’s World Government Bond Index is anticipated to boost liquidity across both bond and stock markets, while the government’s Corporate Value-up Programme aims to drive long-term market value growth.

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Key Corporate Updates from Malaysia

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