No cap on civil servants’ debt service ratio for mortgages — Bank Negara
KUALA LUMPUR: Bank Negara Malaysia (BNM) has highlighted that commercial banks have “considerable flexibility” to decide on mortgage approvals.
KUALA LUMPUR: Bank Negara Malaysia (BNM) has highlighted that commercial banks have “considerable flexibility” to decide on mortgage approvals.
PETALING JAYA (June 19): The National House Buyers Association (HBA) is urging the government to allow the Employees’ Provident Fund (EPF) to extend financing for home purchases – particularly of affordable units – to eligible members, reported Free Malaysia Today.
ALOR SETAR (June 19): Lost sleep and damaged homes – such a misfortune struck as many as 89 families when a storm broke out over Kedah from late Sunday until the early morning hours yesterday.
PETALING JAYA (June 18): China’s investors are still upbeat on Malaysia despite the government reviewing the East Coast Rail Line (ECRL) project which had been awarded to a Beijing-linked firm, said the republic’s ambassador to Malaysia Bai Tian.
PETALING JAYA (June 14): Negeri Sembilan-based developer Matrix Concepts Holdings Bhd has donated a further RM2 million to Tabung Harapan Malaysia, fulfilling its promise and bringing its total contribution to the fund to RM5 million.
PETALING JAYA (June 14): Dewan Bandaraya Kuala Lumpur (DBKL) will make plans to demolish fugitive Umno leader Datuk Seri Jamal Md Yunos’ restaurant in Kuala Lumpur as soon as it gets the go-ahead from the Federal Territories Land and Mines Office (PTG).
PETALING JAYA (June 14): The new government’s apparent intention to ease lending rules for home purchases may introduce additional risks to banks, analysts told The Edge weekly.
PETALING JAYA (June 13): The Federal Territories Ministry – which governs Kuala Lumpur, Putrajaya and Labuan – should be abolished, said Seputeh MP Teresa Kok who is reportedly the frontrunner to head the portfolio.
PETALING JAYA (June 13): Seputeh MP Teresa Kok has refuted a report that she will be sworn in as Federal Territories Minister.