The land premium for converting the land status is a “minimal” RM10,000.
On Monday, BNM said financial institutions will need to migrate from SMS one-time passwords (OTPs) to more secure forms of authentication for online activities or transactions, and further tighten fraud detection rules and triggers for blocking suspected scam transactions.
Malaysia’s CPI increased for the fifth consecutive month in August, coming at 4.
"Many say the government prioritises the banks (by increasing the OPR), but this is not a government decision, and neither does the government interfere in this (OPR) matter.
This is the MPC’s third consecutive 25bps OPR hike this year, in line with 17 economists’ forecast polled by Bloomberg, bringing year-to-date increase to 75bps.
BNM governor Tan Sri Nor Shamsiah Mohd Yunus: For OPR (overnight policy rate) to go back to the pre-pandemic level of 3.
Any decision made by Bank Negara Malaysia (BNM) to adjust the monetary policy in the future would be implemented in a controlled manner and gradually so that it would not affect the country’s economic recovery momentum.
Deputy Finance Minister 1 Datuk Mohd Shahar Abdullah said Bank Negara Malaysia’s (BNM) decision to increase the OPR by 50 basis points to 2.
KUALA LUMPUR (March 30): The number of unsold houses remained elevated in the third quarter of 2021 despite some improvements in activity in the residential property market, said Bank Negara Malaysia (BNM).