Abdul Wahid Omar retires as Amanah Harta Tanah PNB chairman
KUALA LUMPUR (July 11): Tan Sri Abdul Wahid Omar (pictured) has retired from his position as chairman of property trust fund Amanah Harta Tanah PNB (AHP).
BNM keeps OPR at 3.25%, says positive growth expected to be sustained
KUALA LUMPUR (July 11): Bank Negara Malaysia (BNM) has maintained the overnight policy rate (OPR) at 3.
KPKT may seek to lift ban on new luxury homes
PETALING JAYA (July 11): The Housing and Local Government Ministry may seek to lift the current freeze on new luxury residential developments, prompted by signs that the economy is improving, said its minister Zuraida Kamaruddin.
Too early to turn bullish on property segment, says report
KUALA LUMPUR (July 7): News that the Housing and Local Government Ministry is in talks with Bank Negara Malaysia to draw out the guidelines for a more relaxed loan scheme for some homebuyers may raise hopes of better earnings for the property firms.
Relaxing lending rules may not be a good move, says IDEAS
PETALING JAYA (July 5): The proposed mortgage with less stringent lending requirements by banks mooted by the Housing and Local Government Ministry (KPKT) that is aimed at benefiting the M40 and B40 groups may not be a good move, said the Institute for Democracy and Economic Affairs (IDEAS) senior fellow Dr Carmelo Ferlito.
Loan scheme for M40, B40 groups targeted for August rollout
PUTRAJAYA (July 3): The government aims to roll out a loan scheme aimed at the M40 and B40 income group, said Housing and Local Government Minister (KPKT) Zuraida Kamaruddin.
Zeti looking forward to working with PNB, to remain in CEP
KUALA LUMPUR (July 2): Newly appointed Permodalan Nasional Bhd (PNB) chairman Tan Sri Dr Zeti Akhtar Aziz (pictured) says she will continue to serve as a member of the Council of Eminent Persons (CEP).
Nor Shamsiah promises to maintain monetary and financial stability as BNM Governor
PUTRAJAYA (June 22): Datuk Nor Shamsiah Mohd Yunus (pictured) has promised to maintain the country's monetary and financial stability upon assuming office as Bank Negara Malaysia Governor on July 1 this year.
Finance Minister: Bank Negara to continue operating as an independent body
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.
Zeti: Nor Shamsiah's appointment as BNM Governor demonstrates respect for institution
KUALA LUMPUR (June 22): Council of Eminent Persons member Tan Sri Dr Zeti Akhtar Aziz (pictured) said today the Malaysian Government's decision to appoint Datuk Nor Shamsiah Mohd Yunus as the new Bank Negara Malaysia (BNM) Governor is a demonstration of respect for the central banking institution.
