News about BNM

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.

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.

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.

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.

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.

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.

PETALING JAYA (Nov 2): Between 2009 and 2016, average house prices have increased by 9.

KUALA LUMPUR (Sept 18): It is not unheard of for staff to sign letters on behalf of their employers, said former prime minister Datuk Seri Najib Razak (pictured) yesterday in a Facebook post as he defends the authenticity of several letters, purportedly from Saudi royalty, that he claimed were proof that the US$972 million that went into his AmBank account were personal donations to him.

KUALA LUMPUR (June 22): The country’s central bank will continue to act as an independent entity based on the rules set out in the legislation, Bernama reported Finance Minister Lim Guan Eng as saying today.

KUALA LUMPUR (June 22): Datuk Nor Shamsiah Mohd Yunus has been appointed as the new governor of Bank Negara Malaysia (BNM).