News about Bank Negara

KUALA LUMPUR (Sept 7): Although the central bank’s governor indicated in July that the Bank Negara Malaysia (BNM) has no plans to cut the key rate further in the next few monetary policy meetings this year, economists argue there is still room for another round of easing.

CRANES, scaffolding and tractors are a common sight around the Klang Valley.

KUALA LUMPUR (Aug 25): Eastern & Oriental Bhd, which plans to monetise its land bank to improve cash flow, will be launching close to RM1 billion worth of projects in the current financial year ending March 31, 2017 (FY17).

WITH Bank Negara Malaysia (BNM) having cut the overnight policy rate (OPR) by 25 basis points to 3% from July 13, 2016, some major banks have reduced their base rates (BR) and base lending rates (BLR).

KUALA LUMPUR (Aug 8): Malaysia Building Society Bhd (MBSB) posted a 26.

KUALA LUMPUR (Aug 4): The government, specifically the Deputy Minister of Finance 1 Datuk Othman Aziz, said yesterday that houses priced up to RM165,060 are considered affordable to a median Malaysian household.

KUALA LUMPUR (July 28): Hong Leong Bank Bhd and Hong Leong Islamic Bank Bhd will join other banks and lower its base rate (BR) and base lending rate (BLR) from tomorrow (July 29), following the reduction in Bank Negara Malaysia's overnight policy rate (OPR) by 25 basis points.

KUALA LUMPUR (July 27): Kenanga Investment Bank Bhd head of equity research Sarah Lim (pictured) believes the current Malaysian property market down cycle could last longer than usual due to liquidity-driven factors.

KUALA LUMPUR (July 26): Public Bank Bhd announced yesterday that it will reduce its base rate (BR) and base lending rate (BLR) or base financing rate by 23 basis points (bps) from tomorrow onwards, following Bank Negara Malaysia’s (BNM) move to cut the overnight policy rate by 25 bps to 3%.

KUALA LUMPUR (July 21): Credit access is not the problem confronting potential homebuyers, but rather more fundamental issues like affordability and shortage of supply of reasonably priced houses, says Bank Negara Malaysia (BNM).