KUALA LUMPUR (Sept 6): Ministry of Agriculture and Agro-based Industry (MoA) with the Ministry of Economic Affairs (MEA) will identify which Felda land will be used for durian plantation to help settlers earn more income in future.
KUALA LUMPUR: Malaysia’s two biggest banks, Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd, said last week they expect Bank Negara Malaysia to cut the overnight policy rate (OPR) by another 25 basis points (bps) by year end, reflecting rising expectations of one.
KUALA LUMPUR (Aug 31): LBS Bina is eyeing the launch of “properties in the higher price range” and is “confident that there will be demand in this segment”.
KUALA LUMPUR (Aug 29): Malayan Banking Bhd (Maybank) expects another 25 basis point (bps) cut in Bank Negara Malaysia's overnight policy rate (OPR) to 2.
KUALA LUMPUR (Aug 15): S P Setia Bhd is hoping that the government will consider making the financing process more affordable for first-time house buyers, especially those who purchase a property to stay in.
KUALA LUMPUR (Aug 5): Further escalation on trade tensions between the US and China could prompt Bank Negara Malaysia (BNM) to cut interest rates again as early as November — bringing them down to levels not seen since March 2011 — to mitigate any impact on domestic growth, said Hong Leong Investment Bank (HLIB).
KUALA LUMPUR (Aug 3): A further reduction in interest rate by the US Federal Reserve in the second half of the year (2H2019) will provide more room for Bank Negara Malaysia (BNM) to adjust the overnight policy rate (OPR) downward again, says Malaysian Rating Corp Bhd (MARC).
KUALA LUMPUR (July 10): Bank Negara Malaysia's (BNM) decision to keep the Overnight Policy Rate (OPR) unchanged at 3% is not a surprise move as it has been widely anticipated and the rate will remain at that level until year-end, experts say.
KUALA LUMPUR (July 9): Bank Negara Malaysia's (BNM) monetary policy committee (MPC) has at its meeting today decided to maintain the overnight policy rate (OPR) at 3%.