Wahid Omar resigns from PNB
PETALING JAYA (June 29): Tan Sri Abdul Wahid Omar has resigned from his position as Permodalan Nasional Bhd (PNB) group chairman, reported The Star.
MBSB still has RM1b conventional assets to be converted
KUALA LUMPUR (June 26): Non-bank lender Malaysia Building Society Bhd (MBSB) aims to convert its conventional assets worth about RM1 billion, which makes up about 10% of its assets, to Islamic assets over the next two years, as part of its plans to becoming an Islamic bank.
T7 Global surges after ECRL ‘gets a reprieve’
KUALA LUMPUR (June 26): T7 Global Bhd’s share price surged by as much as 34.
Nor Shamsiah promises to maintain monetary and financial stability as BNM Governor
PUTRAJAYA (June 22): Datuk Nor Shamsiah Mohd Yunus (pictured) has promised to maintain the country's monetary and financial stability upon assuming office as Bank Negara Malaysia Governor on July 1 this year.
Finance Minister: Bank Negara to continue operating as an independent body
KUALA LUMPUR (June 22): The country’s central bank will continue to act as an independent entity based on the rules set out in the legislation, Bernama reported Finance Minister Lim Guan Eng as saying today.
Penang Forum: Review state Transport Master Plan
KUALA LUMPUR (June 22): The Penang Forum has called for a fresh review of the state’s Transport Master Plan (PTMP) by an international body.
Zeti: Nor Shamsiah's appointment as BNM Governor demonstrates respect for institution
KUALA LUMPUR (June 22): Council of Eminent Persons member Tan Sri Dr Zeti Akhtar Aziz (pictured) said today the Malaysian Government's decision to appoint Datuk Nor Shamsiah Mohd Yunus as the new Bank Negara Malaysia (BNM) Governor is a demonstration of respect for the central banking institution.
New governor for Bank Negara appointed
KUALA LUMPUR (June 22): Datuk Nor Shamsiah Mohd Yunus has been appointed as the new governor of Bank Negara Malaysia (BNM).
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.
HBA: Allow EPF to offer home loans to members
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.
