Household debt still 'elevated' at 82% of GDP, driven by residential property loans
Bank Negara: Although most households continue to be able to comfortably service their debt, pockets of risks remain.
'Above affordably priced unsold property units pile up'
On commercial properties, the central bank warns of escalating vacancy rate in office space and shopping malls.
‘Shahrol suggested that MoF takes over TIA’
Shafee cites a letter advising ex-PM to buy shares from MB Inc
Country Heights CEO resigns after failing to restructure debts
The resignation, effective yesterday, is “due to his unsuccessful efforts in assisting Country Heights and its group of companies in restructuring debts after exhausting all avenues with local financial institutions”, the group said in a filing with Bursa Malaysia.
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Govt to liberalise power industry
The government will now stop approving new independent power production projects that come with power purchase agreements.
Fernandes: Absurd that M'sia does not have LCCTs
He hits out at MAHB for refusing to embrace the LCC model
‘Cabinet agrees to remove PDP of Pan Borneo Sarawak’
The contract was awarded to LBU when Bustari’s brother Datuk Seri Fadillah Yusof was then public works minister in June 2015.
ECRL, pipeline projects offered to China to bail out 1MDB
Amhari disclosed that he was sent to China (along with Jho Low) on a “secret mission” in 2016 by Najib to convince the country to help pay 1MDB’s debts, in return for which Beijing’s state-owned enterprises would be awarded several infrastructure projects.
No affordable housing, no approvals
Any developments approved by Selangor's local councils are required to prioritise the construction of affordable units.
REITs in favour
Forecasts of further OPR cuts are stoking interests in dividend stocks, including REITs.
