Bank Negara keeps OPR unchanged at 3.25%
KUALA LUMPUR (March 7): Bank Negara Malaysia (BNM) (pictured) has maintained the overnight policy rate (OPR) at 3.
IDEAS: Government intervention distorts affordable housing supply
KUALA LUMPUR (Feb 26): Government intervention on supply of affordable housing has resulted in unwanted consequence — unfair competition that deters active participation of the private developers in this segment, according to Institute for Democracy and Economic Affairs (IDEAS) senior fellow Dr Carmelo Ferlito.
Can’t afford a home? Turn to the sub-sale market
PETALING JAYA (Feb 19): As property prices increasingly escalate beyond the reach of many would-be homebuyers — as corroborated by Bank Negara Malaysia’s (BNM) latest quarterly bulletin — some experts have advised them to turn their sights to the secondary market, where homes in Kuala Lumpur priced up to RM200,000 are still available.
Bank Negara: OPR adjustment reflects normalisation, not tightening
KUALA LUMPUR (Feb 14): The overnight policy rate (OPR) adjustment reflects a normalisation of key interest rates and is not meant to be a tightening of monetary conditions, Bank Negara Malaysia (BNM) said today.
DAP's Pua questions why BNM's RM2b govt land buy not at nominal rate
KUALA LUMPUR (Feb 6): Opposition lawmaker Tony Pua today questioned why Bank Negara Malaysia (BNM) Governor Tan Sri Muhammad Ibrahim did not apply to buy the 55.
BNM: It was an arm’s length transaction
SIEM REAP (Feb 5): Bank Negara Malaysia’s (BNM) recent acquisition of 22.
RHB ups interest rates after OPR hike
KUALA LUMPUR (Jan 30): RHB Banking Group announced today it is raising its base rate (BR) and base lending rate (BLR) by 25 basis points (bps), effective Feb 2, in line with the hike in the overnight policy rate (OPR) announced by Bank Negara Malaysia (BNM) last week.
OCBC Malaysia ups base rate by 25bps from Feb 2
KUALA LUMPUR (Jan 29): OCBC Bank (Malaysia) Bhd and its subsidiary OCBC Al-Amin Bank Bhd will increase their base rate from 3.
IDEAS: Lowering housing loan interest rates hides property market problems
KUALA LUMPUR (Jan 29): The Institute for Democracy and Economic Affairs (IDEAS) said the suggestion to lower the interest rates on housing loans by the government would hide issues faced by the local property market.
Federal govt proposes lower mortgage interest rate despite higher OPR
PETALING JAYA (Jan 26): The federal government will propose a lower mortgage interest rate to Bank Negara Malaysia despite the central bank raising the overnight policy rate (OPR) by 25 basis points to 3.
