DONE DEAL: Semi-detached house, Semantan Villas, Damansara Heights, KL
Rented for: RM15,540 per month (around RM3.
Singapore likely to fall into technical recession, says AmBank Research
KUALA LUMPUR (Aug 13): AmBank Group Research expects Singapore's gross domestic product (GDP) growth to slow down and to likely fall into 'technical recession', ie two quarters of negative growth.
Bank Negara Malaysia to redevelop its mint
KUALA LUMPUR: Bank Negara Malaysia (BNM) plans to demolish its mint — Kilang Wang Bank Negara Malaysia building — in Persiaran Selangor, Shah Alam, and redevelop the site as part of its mint modernisation project.
Malaysia 2Q2019 GDP growth to be stronger, says AmBank Research
KUALA LUMPUR (Aug 13): AmBank Research expects Malaysia’s gross domestic product (GDP) growth to be stronger in 2Q2019.
Another rate cut by BNM soon?
KUALA LUMPUR (Aug 13): After the aggressive interest rate cuts last week by a handful of Asian central banks that surprised the markets, there is strong expectation that more countries will follow suit in the coming months.
SRC trial: 1MDB did not follow my rationalisation plan, says Husni
KUALA LUMPUR (Aug 8): The parties tasked to implement the debt rationalisation plan of 1Malaysia Development Bhd (1MDB) did not follow the original plan, former second finance minister Datuk Seri Ahmad Husni Hanadzlah (pictured) told the High Court today.
RHB partners Malaysian Retail Chain Association to support retailers, SMEs
KUALA LUMPUR (Aug 8): RHB Banking Group is partnering Malaysian Retail Chain Association (MRCA) to support more than 400 leading retail chain store operators, franchisers as well as small and medium enterprises (SMEs) through the Malaysia International Retail & Franchise Exhibition 2019 (MIRF).
Banyan Tree launches Skypark, Phuket project in Singapore
SINGAPORE (Aug 8): International hotel operator and developer Banyan Tree Holdings will launch its 42nd project in Phuket, named Skypark, in Singapore on Aug 17 to 18.
RM606m went through three of Najib's AmBank accounts, High Court told
KUALA LUMPUR (Aug 6): Datuk Seri Najib Razak (pictured) saw a total of RM606.
HLIB: More US-China trade tensions could prompt OPR cut to 2.75% — lowest since March 2011
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).
