Standard Chartered: BNM may hike OPR in January
KUALA LUMPUR (Nov 10): Standard Chartered Bank said Bank Negara Malaysia (BNM) is expected to hike the overnight policy rate (OPR) in January 2018, mainly due to the central bank’s “hawkish intent”.
BNM keeps OPR unchanged at 3% as it sees Malaysia's growth to remain strong next year
KUALA LUMPUR (Nov 9): Bank Negara Malaysia (BNM)'s Monetary Policy Committee (MPC) is keeping the Overnight Policy Rate (OPR) at 3%, as it expects Malaysia's growth to remain strong in 2018, amid a strengthening global economy.
Easing mortgage lending insufficient to promote home ownership — MARC
KUALA LUMPUR (Nov 2): The proposed loosening of mortgage lending is insufficient to promote home ownership in the country as there is a mismatch between housing price and income levels, said the Malaysian Rating Corp Bhd (MARC).
Time to adopt Rent-To-Own?
There is this constant lament among middle-income Malaysians that they just can’t afford to own a home within a reasonable time frame.
Bigger affordable housing allocation for Budget 2018
PETALING JAYA (Oct 5): The government will increase its allocation for affordable housing in Budget 2018 from RM700 million in the previous one as housing is one of the main concerns of the rakyat, said Minister of Urban Wellbeing, Housing and Local Government Tan Sri Noh Omar.
Property lending rule from 1997 is still relevant, says Bank Negara
KUALA LUMPUR (Oct 4): Investment banks (IB) should not take a short-term view on a property lending guideline, introduced in 1997, as it is still relevant today, said Bank Negara Malaysia.
LBS Bina outlines six proposals for Budget 2018 to boost property sector
KUALA LUMPUR (Oct 4): Property developer LBS Bina Group Bhd has outlined six proposals for the upcoming Budget 2018, which it believes will benefit, in particular, first-time homebuyers, the property industry as well as the entire Malaysian economy.
Rise in OPR soon unlikely due to rising household debt — MARC
KUALA LUMPUR (Sept 8): Bank Negara Malaysia is unlikely to risk raising the overnight policy rate (OPR) too soon as it can affect consumers' debt service capacity, says Malaysian Rating Corp Bhd (MARC).
BNM keeps overnight policy rate at 3%
KUALA LUMPUR (Sept 7): The Monetary Policy Committee of Bank Negara Malaysia (BNM) decided at its meeting today to maintain its overnight policy rate (OPR) at 3%.
‘Election projects’ may further inflate govt debt
KUALA LUMPUR (Aug 29): An expected rise in large infrastructure projects and affordable housing ahead of the general election is likely to further raise the government’s already-huge contingent liabilities, said RAM Rating Services Bhd.
