News about Malaysia

PUTRAJAYA (Aug 22): Bank Negara Malaysia’s easing of eligibility requirements for its RM1 billion Fund for Affordable Homes should lead to at least a 20% increase in home loan approvals for first-time homebuyers, said Finance Minister Lim Guan Eng.

KUALA LUMPUR (Aug 22): Malaysia Airports is in the midst of rectifying a technical issue affecting both terminals of Kuala Lumpur International Airport (KLIA), with the Flight Information Display System (FIDS) now functioning at the airport's low-cost terminal klia2.

KUANTAN (Aug 22): Parti Pribumi Bersatu Malaysia (Bersatu) is in favour of Lynas Malaysia Sdn Bhd (Lynas) continuing operations of its rare earth plant in Gebeng here because of the huge investment it brought to the country, said the party’s Supreme Council (MT) member Wan Saiful Wan Jan.

  KUALA LUMPUR: Bank Negara Malaysia (BNM) has established a platform — the Khidmat Nasihat Pembiayaan or MyKNP — to provide assistance to small and medium enterprises (SMEs) and homebuyers who have failed to secure financing, amid mounting frustrations among those who could not get loans.

KUALA LUMPUR (Aug 21): Bank Negara Malaysia (BNM) today established the 'Khidmat Nasihat Pembiayaan' (MyKNP) programme, aimed at assisting SMEs and housebuyers that have previously been unsuccessful in securing financing.

KUALA LUMPUR (Aug 21): Bank Negara Malaysia (BNM) has expanded the eligibility criteria of its RM1 billion Fund for Affordable Homes, a fund that was set up earlier this year to help those from the lower income group to finance the purchase of their first homes.

KUALA LUMPUR (Aug 21): Utusan Melayu (M) Bhd confirmed today to Bursa Malaysia the newspaper publisher will increase the price of Utusan Malaysia from RM1.

KUALA LUMPUR (Aug 21): The Malaysian Anti-Corruption Commission (MACC) has unfrozen all seven bank accounts and two Central Depository System (CDS) accounts belonging to former 1Malaysia Development Bhd (1MDB) president and chief executive officer Arul Kanda Kandasamy (pictured).

KUALA LUMPUR (Aug 21): A high-level meeting of government officials is believed to take place as soon as tomorrow to map out the plan on the highway concessions in the country moving forward.

KUALA LUMPUR (Aug 21): Utusan Melayu (M) Bhd, the publisher of Utusan Malaysia and Kosmo!, will continue its operations for now.