Household debt still 'elevated' at 82% of GDP, driven by residential property loans
KUALA LUMPUR (Sept 18) : The country’s household debt level remains high at an “elevated” 82.
'Above affordably priced unsold property units pile up'
KUALA LUMPUR (Sept 19): Total unsold units continue to rise for residential properties priced above the maximum affordable house prices in individual states, according to Bank Negara Malaysia’s (BNM) Financial Stability Review for the first half of 2019 (1H19).
BNM keeps OPR unchanged at 3%
KUALA LUMPUR (Sept 12): Bank Negara Malaysia's (BNM) monetary policy committee (MPC), at its meeting today, decided to maintain the overnight policy rate (OPR) at 3%.
Witness in 1MDB-Tanore trial made RM75,000 per month working for Najib
KUALA LUMPUR (Sept 5): At one point, Datuk Amhari Efendi Nazaruddin (pictured, left) brought home some RM75,000 per month as the special officer to Datuk Seri Najib Razak, the High Court was told today.
Amhari, Azlin, Jho Low: Najib's 1MDB trio
KUALA LUMPUR (Sept 4): If fugitive businessman Low Taek Jho (also known as Jho Low) was the “unofficial adviser” to Datuk Sri Najib Razak, the late Datuk Azlin Alias, who died in a helicopter crash in April 2015, and Datuk Amhari Efendi Nazaruddin would be the sidekicks of the former prime minister in handling 1Malaysia Development Bhd (1MDB) affairs.
REITs in favour
KUALA LUMPUR: Malaysia’s two biggest banks, Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd, said last week they expect Bank Negara Malaysia to cut the overnight policy rate (OPR) by another 25 basis points (bps) by year end, reflecting rising expectations of one.
LBS Bina sets sights on 'higher price range' market
KUALA LUMPUR (Aug 31): LBS Bina is eyeing the launch of “properties in the higher price range” and is “confident that there will be demand in this segment”.
Maybank sees another 25 bps OPR cut before year end
KUALA LUMPUR (Aug 29): Malayan Banking Bhd (Maybank) expects another 25 basis point (bps) cut in Bank Negara Malaysia's overnight policy rate (OPR) to 2.
SRC trial: Zeti and Nor Mohamed among 66 witnesses offered by prosecution to defence
KUALA LUMPUR (Aug 27): The prosecution in former premier Datuk Seri Najib Razak's SRC International Sdn Bhd trial has offered 66 witnesses to the defence after closing its case today.
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BNM affordable homes fund: Expect 20% rise in loan approvals, says LGE
PUTRAJAYA (Aug 22): Bank Negara Malaysia’s easing of eligibility requirements for its RM1 billion Fund for Affordable Homes should lead to at least a 20% increase in home loan approvals for first-time homebuyers, said Finance Minister Lim Guan Eng.
