Digital banks’ emergence brings significant transformation

China Press headlined that the Higher Education Minister Datuk Seri Dr Zambry Abdul Kadir disclosed that Universiti Teknologi Mara (UiTM) will maintain its current admission policy for Malay, Sabah, and Sarawak Bumiputera students, with no changes planned.

Nanyang Daily reported that the approved investment amount in the first quarter of this year was impressive. 

According to the Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz, the investment target previously proposed by the Malaysian Investment Development Authority (MIDA) to the Ministry of Investment, Trade, and Industry is too conservative and needs to be revised upward, as investments are expected to continue growing this year.

Sin Chew Daily front paged that the practice of developed countries dumping “foreign garbage” in developing nations has long been infamous globally. However, the influx of “foreign garbage” into Malaysia has never ceased. In just three months this year, at least 106 containers of electronic waste were shipped to our country.

Kwong Wah Daily headlined that the earliest Buddhist site in Malaysia, Bukit Choras, unveiled a life-sized Buddha statue for the first time on Wednesday. This site is considered to be much older than Cambodia’s Angkor Wat and Indonesia’s Borobudur Temple. 

Guang Ming Daily reported that two armed robbers believed to be on their way to commit a crime, encountered patrolling police officers who attempted to stop them. The suspects refused to surrender and opened fire, leading the officers to shoot them dead on the spot.

Editorial

Nanyang Daily believes that the emergence of digital banks brings significant transformation and convenience to the financial industry but also introduces new security challenges. The government and banks should enhance the security of digital banking to truly leverage its advantages, the daily said. 

Sin Chew agreed that achieving the goal of ending human trafficking requires close cooperation among all stakeholders, including the Ministry of Home Affairs and the Anti-Trafficking in Persons and Anti-Smuggling of Migrants (MAPO). 

They should collaborate with NGOs, civil society organizations, international organizations, foreign diplomatic representatives, academia, and business employers, and harness national power, so Malaysia can improve its evaluation and ranking in the Trafficking in Persons (TIP) Report, and further advance labour rights and dignity.