News about Brexit

Real estate in the United Kingdom is highly favoured among Malaysian property investors, driven by stable rental income and as accommodation for their children pursuing their studies in the UK.

PETALING JAYA (Jan 23): UK Prime Minister Boris Johnson said yesterday the UK has "crossed the Brexit finish line" after the UK Parliament passed legislation implementing his withdrawal agreement bill, the BBC reported today.

KUALA LUMPUR (Aug 24): Shareholders of Eco World International Bhd (EWI) can expect to receive dividends by FY2020 at the latest, The Edge Malaysia reported in its latest issue.

PETALING JAYA (Feb 15): Property surveyors are predicting that UK's housing market will experience the most pervasive decline in prices since February 2011 in the next three months as the Brexit approaches without an acceptable transition deal in sight, reports Reuters.

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.

KUALA LUMPUR (Jan 26): As expected, Bank Negara Malaysia (BNM) raised its key interest rate by 25 basis points (bps) to 3.

  PETALING JAYA (Dec 21): Malaysia is ranked 35th out of 153 countries in Forbes’ “Best Countries for Business 2018”.

KUALA LUMPUR (Nov 28): The Malaysian property market is expected to recover in the coming years, after a challenging environment that has dragged on since 2013, said the soon-to-listed Sime Darby Property Bhd (SD Property).

PETALING JAYA (June 13): While the outcome of the UK general election has not been decisive, thus causing further political uncertainty, the appeal of the UK property market is unlikely to be significantly diminished from an Asian business or investors’ point of view, real estate consultancy firm Knight Frank said in a post-election statement.

SINGAPORE (May 3): 1Q17 real estate transaction volumes in the UK have hit their highest level since 2015, driven by Asian investors whose confidence remains undeterred even in the face of uncertainties regarding Brexit.