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Zeti: Malaysia may raise rate further if needed

KUALA LUMPUR/TOKYO: Bank Negara Malaysia said it may increase interest rates further to avert asset bubbles and discourage risky investments by people seeking better returns, even as inflation will likely remain “modest” this year.

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KPS acquiring Wisma SAP

KUALA LUMPUR: Kumpulan Perangsang Selangor Bhd (KPS) has entered into a sales and purchase agreement with SAP Holdings Bhd, a wholly-owned subsidiary of Kumpulan Hartanah Selangor Bhd (KHSB), to acquire Wisma SAP for RM7 million on March 15.

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Right time to buy real estate?

KUALA LUMPUR: Further signs of a recovery in the Malaysian real estate market are being seen as the country’s economic recovery takes shape and the stock market soared to fresh highs against the backdrop of a stronger ringgit.

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