Malaysia does not practise unfair currency practices, says BNM
KUALA LUMPUR (May 29): Bank Negara Malaysia (BNM) said Malaysia supports free and fair trade, and does not practise unfair currency practices.
KL ranked No 49 to rent a mid-range 2-bedroom apartment, says Deutsche Bank
KUALA LUMPUR (May 22): According to the Deutsche Bank’s 8th annual survey of global prices and living standards, Kuala Lumpur ranked No 49 to rent a mid-range 2-bedroom apartment at US$448 month.
Maybank further reduces base lending rate
KUALA LUMPUR (May 17): After a 20 basis points (bps) cut to its Base Rate (BR) and Base Lending Rate (BLR) just a week ago, Malayan Banking Bhd (Maybank) has reduced both rates by a further 5 bps each.
Seacera gets letter of demand to pay RM12.85m loan from AmBank Islamic
KUALA LUMPUR (May 10): Seacera Group Bhd has been a served a letter of demand for payment of RM12.
Maybank KL branch assistant manager verifies transactions involving Najib and SRC International
KUALA LUMPUR (May 9): The public prosecutor yesterday called Malayan Banking Bhd KL Main Branch assistant branch manager Halijah Abdul Wahab to the High Court to verify a series of transactions involving former Prime Minister Datuk Seri Najib Razak and SRC International Sdn Bhd.
Maybank revises base rate and base lending rate downwards after OPR cut
KUALA LUMPUR (May 8): Malayan Banking Bhd (Maybank) will revise its base lending rate (BLR) and base rate (BR) by 20 basis points (bps) effective tomorrow in line with the cut in Bank Negara Malaysia (BNM)’s Overnight Policy Rate (OPR) to 3% on May 7.
OPR reduction a good move to stimulate property market, says consultant
PETALING JAYA (May 7): The reduction of the overnight policy rate (OPR) by Bank Negara Malayisa (BNM) today is a good move to stimulate the economy and the property market, said real estate consultant and CEO of Zerin Properties Previndran Singhe.
BNM cuts OPR to 3%, first revision in over a year
KUALA LUMPUR (May 7): Bank Negara Malaysia (BNM) has reduced its key interest rate to 3%, marking the first time it has revised the rate in more than a year.
Independent committee to iron out details with IWH-CREC over Bandar Malaysia
KUALA LUMPUR (May 4): Putrajaya has appointed an independent committee to “help iron out” details in the RM7.
Bursa chief sees ECRL, Bandar Malaysia as market catalysts
KUALA LUMPUR (April 30): Recent announcements such as the East Coast Rail Link (ECRL) and Bandar Malaysia projects’ revival will serve as a catalyst that will stimulate the broader equity market, said Bursa Malaysia Bhd chief executive officer Datuk Muhamad Umar Swift.
