News about bank

KUALA LUMPUR (Jan 4): The domestic property market is projected to remain soft in 2019, as the issues of oversupply in certain segments and tighter lending are expected to continue to plague the market.

A year ago, it was announced that Bank Negara had purchased 55.

KUALA LUMPUR (Dec 28): As crude oil markets pulled back, sparking concerns of a federal budget recalibration, construction players who have shifted their focus to East Malaysia may find shelter there as state-funded projects are insulated from the risk of reduction of the federal government spending.

KUALA LUMPUR (Dec 20): Malaysian Resources Corp Bhd (MRCB) has received RM1.

KUALA LUMPUR (Dec 19): Former Goldman Sachs banker Roger Ng Chong Hwa's (pictured) case mention for his extradition to the US has been postponed to Jan 4, 2019.

KUALA LUMPUR (Nov 27): The Federal Government is not planning to impose any tax on windfall profit, Finance Minister Lim Guan Eng said.

KUALA LUMPUR (Nov 27): Tan Sri Shukry Mohd Salleh has been ousted as chairman of Bank Rakyat’s board with immediate effect, as he is allegedly involved in the tampering of the original audit report on 1Malaysia Development Bhd (1MDB) when he was the chief private secretary of former prime minister Datuk Seri Najib Razak.

  PETALING JAYA (Nov 24): Talks abound about an unspecified corporate exercise in the works at IOI Properties Group Bhd – with Maybank Investment Bank Bhd said to have an important role in the exercise, reported The Edge Malaysia.

  KELANA JAYA (Nov 13): The Housing and Local Government Ministry (KPKT) should take the initiative to work with the private sector to promote the rent-to-own concept or other alternatives to encourage homeownership without over-stretching the finances of individuals instead of increasing affordable housing supply, said Socio-Economic Research Centre (SERC) executive director Lee Heng Guie.

KUALA LUMPUR (Nov 8): Malaysia's central bank left its key interest rate unchanged at 3.