News about Bank Negara

Property sector Maintain neutral: The House Price Index (HPI) grew by 5.

KUALA LUMPUR (Dec 29): Property developers are expected to register another year of slow performance in 2017 amid a lack of catalysts for the segment, as cooling measures introduced by the central bank to rein in speculation continue to be the main hurdle for property companies.

KUALA LUMPUR (Dec 21): Bank Negara Malaysia (BNM) has no objection in principle to Malaysia Building Society Bhd's (MBSB) commencing talks with Asian Finance Bank (AFB) on a potential merger and acquisition (M&A) deal.

KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) president and chief executive officer (CEO) Datuk Ahmad Zaini Othman (pictured) kept mum about questions yesterday about the potential merger and acquisition (M&A) of MBSB with Asian Finance Bank (AFB), saying only it is now a shareholder matter.

KUALA LUMPUR (Nov 18): Standard Chartered Bank’s global research unit said it now expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) only in the later part of the first quarter of 2017 (1Q17).

KUALA LUMPUR (Oct 29): Mah Sing Group Bhd is planning for two launches in the Klang Valley by this year end, said its newly-appointed chief executive officer and executive director Ho Hon Sang.

Property sector Maintain neutral: In the Budget 2017 announced last Friday, the government announced a new special “step-up” end-financing scheme for PR1MA (1Malaysia People’s Housing Programme).

KUALA LUMPUR (Oct 21): The Employees Provident Fund (EPF) reaffirmed today that a facility will be introduced for members who meet Perumahan Rakyat 1Malaysia's (PR1MA) eligibility criteria.

Sunway Real Estate Investment Trust (Oct 19, RM1.

PETALING JAYA (Oct 19): Property developer LBS Bina Group Bhd believes it is imperative for Budget 2017 to continue being rakyat-centric, particularly in making homes within reach for first-time homebuyers.