News about Bank Negara

For most Malaysians, buying a house is tough.

PETALING JAYA (Jan 31): With so much focus on easing homeownership for the B40 (bottom  40% income group)  the National House Buyers’ Association (HBA) has reminded the government not to forget about the needs of the M40 (middle 40% income group).

PETALING JAYA (Jan 30): The National House Buyers’ Association (HBA) has come up with a suggestion to fix the overhang problem of residential properties in the affordable pricing range: rent them out.

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.

KUALA LUMPUR (Jan 24): Bank Negara Malaysia's Monetary Policy Committee has decided to maintain the overnight policy rate (OPR) at 3.

A year ago, it was announced that Bank Negara had purchased 55.

KUALA LUMPUR (Nov 27): The Federal Government is not planning to impose any tax on windfall profit, Finance Minister Lim Guan Eng said.

  KELANA JAYA (Nov 13): The Housing and Local Government Ministry (KPKT) should take the initiative to work with the private sector to promote the rent-to-own concept or other alternatives to encourage homeownership without over-stretching the finances of individuals instead of increasing affordable housing supply, said Socio-Economic Research Centre (SERC) executive director Lee Heng Guie.

KUALA LUMPUR (Nov 8): Malaysia's central bank left its key interest rate unchanged at 3.

PETALING JAYA (Nov 7): The Malaysian Anti-Corruption Com­mission (MACC) has questioned former Bank Negara Malaysia (BNM) governor Tan Sri Muhammad Ibrahim over the central bank’s RM2bil land purchase from the Finance Ministry in January.