News about Bank Negara

GEORGE TOWN (Nov 5): Extending the housing loan term to 90 years or more may help reduce the overhang of property stocks, but are the children ready to shoulder the burden? The concern was raised by Kebun Bunga assemblyman Jason Ong Khan Lee in response to a proposal by the state government to Bank Negara to introduce generational loans to mitigate the problems on securing financing for first-time homebuyers, reported The Star today.

PETALING JAYA (Nov 2):  The government has announced several measures in Budget 2019 aimed at raising homeownership among Malaysians.

PETALING JAYA (Nov 2): Bank Negara Malaysia will be establishing a RM1 billion Fund for Affordable Homes (the Fund) to help homebuyers from the lower income group nationwide to finance the purchase of their first homes.

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

KUALA LUMPUR (Nov 1): Former Bank Negara Malaysia (BNM) governor Tan Sri Dr Zeti Akhtar Aziz said she has no knowledge of the RM2 billion land purchase as it did not take place during her tenure.

KUALA LUMPUR (Nov 1): Someone in Bank Negara Malaysia (BNM) “obviously knows” what happened to the RM2 billion paid by the central bank to purchase a parcel of land from the finance ministry, said Prime Minister Tun Dr Mahathir Mohamad yesterday.

  KUALA LUMPUR (Nov 1): Bank Negara Malaysia (BNM), which is under the purview of finance ministry (MoF), has yet to close the chapter on the RM2.

KUALA LUMPUR (Oct 31): Four Bank Negara Malaysia (BNM) officials have been told to go on leave pending investigations into the January purchase of land valued at RM2 billion.

KUALA LUMPUR (Oct 17): Bank Negara Malaysia (BNM) governor Datuk Seri Nor Shamsiah Mohd Yunus has said Asian countries facing increased market volatility need the option to use capital controls to pre-empt financial crises.

PETALING JAYA (Oct 15): The National House Buyers Association (HBA) has called upon the Real Estate and Housing Developers Association (Rehda) to redefine its “outright unrealistic” definition of affordable housing, according to a New Straits Times report.