WSJ: Money from Bank Negara land deal used to pay IPIC
KUALA LUMPUR (May 24): Money used to pay off US$500 million (RM1.
‘Business as usual for ECRL’
KUALA LUMPUR (May 17): While the Council of Eminent Persons, set up under the new Pakatan Harapan (PH) government, met heads of infrastructure projects yesterday, it is “business as usual” for the East Coast Rail Link (ECRL) project, a project spokesman told reporters.
HBA looking forward to new govt’s promises on housing
PETALING JAYA (May 11): As Malaysians witness the establishment of a new government by Pakatan Harapan (Pakatan), the National House Buyers Association (HBA) is looking at the promises made in its election manifesto, especially with regard to affordable housing and homeownership with “high optimism and anticipation”.
BNM keeps OPR unchanged at 3.25%, says Malaysian economy's prospects remain strong
KUALA LUMPUR (May 10): Bank Negara Malaysia's (pictured) monetary policy committee has decided today to maintain the overnight policy rate (OPR) at 3.
Bank Negara to keep interest rate at 3.25%, says AmBank Research
KUALA LUMPUR (May 2): Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate at 3.
HSBC Global Research expects next OPR hike only in 1Q19
KUALA LUMPUR (April 27): Given a trend of subdued core inflation, Bank Negara Malaysia’s next interest rate hike will likely occur only in the first quarter of 2019 (1Q19), and the hiking cycle will be very gradual, according to a projection by HSBC Global Research.
High-end condo sales expected to slow this year
PETALING JAYA (April 26): With the current freeze on new approvals for luxury residential properties, developers are focusing on launching more affordable units and clearing completed unsold stock, said property consultancies Edmund Tie & Co (SEA) Pte Ltd and Nawawi Tie Leung Property Consultants Sdn Bhd.
Revised guidelines on listed REITs seen positive for growth
Real estate investment trust sector Maintain neutral: The Securities Commission Malaysia (SC) has implemented the new revised guidelines on listed real estate investment trusts (REITs) effective on April 9, 2018.
RM2b purchase doubles BNM’s real estate assets
KUALA LUMPUR (April 2): Bank Negara Malaysia’s (BNM) (pictured) RM2 billion land purchase from the government doubled its land assets last year, its 2017 annual report show.
Bank Negara seen keeping OPR unchanged at 3.25% despite rosier outlook
KUALA LUMPUR (March 30): Several economists have kept their end-2018 overnight policy rate (OPR) forecast unchanged at 3.
