News about Malaysia

KUALA LUMPUR (Jan 29): Bank Negara Malaysia (BNM) has launched the Fund for Affordable Homes to help the lower income group in the country to own a home.

KUALA LUMPUR (Jan 28): George Kent (Malaysia) Bhd has clarified that its non-executive director Datuk Dr Keizrul Abdullah’s remark on the award of the LRT3 project was made in his private capacity.

KUALA LUMPUR (Jan 28): Jho Low’s parents and two other associates are being sought by the Malaysia’s police as part of the investigation into the 1MDB scandal.

KUALA LUMPUR (Jan 28): The Medan Imbi building owner has offered to buy the two plots of land where the six-storey building and fruit stall is situated.

There seems to be little good news in the commercial office property sector amidst the current economic slowdown in Malaysia.

PETALING JAYA: Having gone through an eventful 2018, this year will be a year of reckoning for Malaysia, says the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) president Michael Kong.

KUALA LUMPUR (Jan 24): Bank Negara Malaysia's Monetary Policy Committee has decided to maintain the overnight policy rate (OPR) at 3.

KUALA LUMPUR (Jan 24): Bukit Aman Police are confimred to be visiting Goldman Sachs' Malaysian law firm Rahmat Lim & Partners since this morning.

KUALA LUMPUR (Jan 24): Malaysian police were at the law firm of Rahmat Lim & Partners this morning to search for documents related to the three 1Malaysia Development Bhd (1MDB) bonds handled by Goldman Sachs.

KUALA LUMPUR (Jan 24): Khadem Al Qubaisi, who has been detained in Abu Dhabi since 2016, claims that he is being made a “scapegoat” for the United Arab Emirates’ (UAE) role in the 1Malaysia Development Bhd (1MDB) scandal, according to The Wall Street Journal.