OCBC Malaysia ups base rate by 25bps from Feb 2
KUALA LUMPUR (Jan 29): OCBC Bank (Malaysia) Bhd and its subsidiary OCBC Al-Amin Bank Bhd will increase their base rate from 3.
IDEAS: Lowering housing loan interest rates hides property market problems
KUALA LUMPUR (Jan 29): The Institute for Democracy and Economic Affairs (IDEAS) said the suggestion to lower the interest rates on housing loans by the government would hide issues faced by the local property market.
Maybank, CIMB revises BLR after OPR hike
KUALA LUMPUR (Jan 29): Malayan Banking Bhd (Maybank) said its base rate will be increased by 25 basis points from 3% per year to 3.
Spring Gallery to develop theme park in Melaka
KUALA LUMPUR (Jan 26): Spring Gallery Bhd will develop a theme park in Klebang, Melaka, after gaining the rights for the project from the operator, Village Roadshow Theme Parks Pty Ltd (VRS).
Pesona Metro bags RM161.9m construction job
KUALA LUMPUR (Jan 26): Pesona Metro Holdings Bhd has bagged a RM161.
CIMB raising BLR, FD rates after OPR hike
KUALA LUMPUR (Jan 26): CIMB Bank Bhd (pictured) and CIMB Islamic Bank Bhd are raising their base lending rate (BLR) and fixed deposit rates by 0.
Federal govt proposes lower mortgage interest rate despite higher OPR
PETALING JAYA (Jan 26): The federal government will propose a lower mortgage interest rate to Bank Negara Malaysia despite the central bank raising the overnight policy rate (OPR) by 25 basis points to 3.
BNM seen to hold off on further rate hikes in 2018
KUALA LUMPUR (Jan 26): As expected, Bank Negara Malaysia (BNM) raised its key interest rate by 25 basis points (bps) to 3.
BNM makes first rate hike since 2014, sees strong growth for Malaysia in 2018
KUALA LUMPUR (Jan 25): Bank Negara Malaysia (BNM) (pictured) raised the overnight policy rate by 25 basis points to 3.
KLCCP Stapled Group’s FY17 earnings draw mixed reactions from analysts
KUALA LUMPUR (Jan 25): KLCCP Stapled Group's full year FY17 earnings drew mixed reaction from analysts, as group earnings were dragged down slightly by higher operating costs in management services.
