Seacera defaults on more loans
KUALA LUMPUR (Aug 28): Practice Note 17 (PN17) firm Seacera Group Bhd has defaulted on credit facilities amounting to RM12.
Maybank roped in for Penang megaproject
KUALA LUMPUR (Aug 28): Consortium Zenith Construction Sdn Bhd (CZC) said it had overcome a hurdle in the contentious Penang Major Roads and Third Link development as Malayan Banking Bhd (Maybank) had been roped in to provide financing for part of the project.
SRC trial: Zeti and Nor Mohamed among 66 witnesses offered by prosecution to defence
KUALA LUMPUR (Aug 27): The prosecution in former premier Datuk Seri Najib Razak's SRC International Sdn Bhd trial has offered 66 witnesses to the defence after closing its case today.
Hafarizam's lawyer seeks more details in money laundering suit
KUALA LUMPUR (Aug 27): The lawyer for Umno legal adviser Datuk Mohd Hafarizam Harun has requested for more details concerning the charges against the latter for his alleged involvement in laundering RM15 million.
Cagamas’ debt paper issuance of RM1.8b in August highest this year
KUALA LUMPUR (Aug 23): Cagamas Bhd said its issuance of debt papers for August totalled RM1.
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BNM affordable homes fund: Expect 20% rise in loan approvals, says LGE
PUTRAJAYA (Aug 22): Bank Negara Malaysia’s easing of eligibility requirements for its RM1 billion Fund for Affordable Homes should lead to at least a 20% increase in home loan approvals for first-time homebuyers, said Finance Minister Lim Guan Eng.
BNM addresses ‘difficult financing’ perception with MyKNP platform
KUALA LUMPUR: Bank Negara Malaysia (BNM) has established a platform — the Khidmat Nasihat Pembiayaan or MyKNP — to provide assistance to small and medium enterprises (SMEs) and homebuyers who have failed to secure financing, amid mounting frustrations among those who could not get loans.
BNM establishes programme to assist financing of SMEs, housebuyers
KUALA LUMPUR (Aug 21): Bank Negara Malaysia (BNM) today established the 'Khidmat Nasihat Pembiayaan' (MyKNP) programme, aimed at assisting SMEs and housebuyers that have previously been unsuccessful in securing financing.
Bank Negara raises income, property price ceilings under RM1b affordable home fund
KUALA LUMPUR (Aug 21): Bank Negara Malaysia (BNM) has expanded the eligibility criteria of its RM1 billion Fund for Affordable Homes, a fund that was set up earlier this year to help those from the lower income group to finance the purchase of their first homes.
Najib never denied AmBank documents' signatures were his
KUALA LUMPUR (Aug 20): Former prime minister Datuk Seri Najib Razak (pictured) had never denied the signatures on documents related to his personal AmBank accounts which received and transferred RM42 million of SRC International Sdn Bhd funds were his, a witness in the SRC trial told the High Court.
