BNM cuts OPR to 3%, first revision in over a year
KUALA LUMPUR (May 7): Bank Negara Malaysia (BNM) has reduced its key interest rate to 3%, marking the first time it has revised the rate in more than a year.
Bank Negara's claim about falling entry-level wages puts employers in 'bad light' — MEF
KUALA LUMPUR (March 29): The Malaysian Employers Federation (MEF) said today that its survey data, on which Bank Negara Malaysia had used in an analysis and concluded wages for fresh graduates across all qualification categories have fallen between 2010-2018, actually showed that the reverse is true.
Malaysian employees are not being paid enough, BNM says
KUALA LUMPUR (March 27): Malaysians are not being paid enough for the level of productivity they are producing, with many of the country’s workers underpaid, said Bank Negara Malaysia (BNM).
Why cost of living perception differs from actual inflation rate — BNM's take
KUALA LUMPUR (March 27): While headline inflation has remained relatively low in Malaysia, Bank Negara Malaysia said concerns about the rising cost of living have been increasing and will likely persist over the near term.
BNM's LINK can help you if the bank has been bullying you
KUALA LUMPUR (March 13): Whether it’s due to an unexpected expense, or any other occurence that may crop up in life that causes financial difficulties, the bank still comes calling for their money, but your pockets are empty, Bank Negara Malaysia provides a resource that can help you.
Extending loan tenure to 40 years may not benefit borrowers
PETALING JAYA (March 12): There is talk that the maximum 40-year tenure offered to affordable housing loans may be extended to all mortgages too, as one of the counter measures to address the overhang issue straining the property market now.
GFM bags RM69m facility management service contracts from BNM
KUALA LUMPUR (Feb 8): GFM Services Bhd has won two contracts from Bank Negara Malaysia to provide comprehensive facility management services at selected premises of the bank for a combined value of RM69 million.
Rehda: Not location, location, location anymore but location, pricing and type
KUALA LUMPUR (Jan 29): Real Estate & Housing Developers' Association Malaysia (Rehda) president Datuk Soam Heng Choon said the property mantra of location, location, location no longer holds true these days, having overtaken by location, pricing and type.
BNM’s Fund for Affordable Homes to help lower income group own property
KUALA LUMPUR (Jan 29): Bank Negara Malaysia (BNM) has launched the Fund for Affordable Homes to help the lower income group in the country to own a home.
Economic Report 2019: Household income growth can’t catch up with escalating house prices
PETALING JAYA (Nov 2): Between 2009 and 2016, average house prices have increased by 9.
