WSJ: Money from Bank Negara land deal used to pay IPIC
KUALA LUMPUR (May 24): Money used to pay off US$500 million (RM1.
No more landbanking activities seen for Hua Yang
Hua Yang Bhd (May 23, 45 sen) Maintain market perform with a lower target price (TP) of 47 sen: Hua Yang Bhd’s core net profit (CNP) for its financial year 2018 (FY18) ended March 31, 2018 of RM4.
Maybank Investment: GST zero rate positive but needs more clarity
PETALING JAYA (May 17): Although the imposition of the zero-rated Goods and Service Tax (GST) came earlier than expected, Maybank Investment Bank views the latest announcement by the new Pakatan Harapan (Pakatan) led government as a positive move which could spur the earnings growth of the property development industry.
‘Business as usual for ECRL’
KUALA LUMPUR (May 17): While the Council of Eminent Persons, set up under the new Pakatan Harapan (PH) government, met heads of infrastructure projects yesterday, it is “business as usual” for the East Coast Rail Link (ECRL) project, a project spokesman told reporters.
Phase 2 of Maybank’s HouzKEY to focus on secondary market
KUALA LUMPUR (May 15): Maybank Islamic Bhd’s HouzKEY, Malaysia’s first bank-initiated rent-to-own (RTO) scheme, will launch its second phase which will see the scheme being expanded to cover properties on the secondary market.
HBA looking forward to new govt’s promises on housing
PETALING JAYA (May 11): As Malaysians witness the establishment of a new government by Pakatan Harapan (Pakatan), the National House Buyers Association (HBA) is looking at the promises made in its election manifesto, especially with regard to affordable housing and homeownership with “high optimism and anticipation”.
BNM keeps OPR unchanged at 3.25%, says Malaysian economy's prospects remain strong
KUALA LUMPUR (May 10): Bank Negara Malaysia's (pictured) monetary policy committee has decided today to maintain the overnight policy rate (OPR) at 3.
Bank Negara to keep interest rate at 3.25%, says AmBank Research
KUALA LUMPUR (May 2): Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate at 3.
Maybank aims to disburse RM10b loans this year
PETALING JAYA (April 30): Malayan Banking Bhd (Maybank) aims to provide RM10 billion in loans under its MaxiHome Ezy scheme this year, reported Bernama.
HSBC Global Research expects next OPR hike only in 1Q19
KUALA LUMPUR (April 27): Given a trend of subdued core inflation, Bank Negara Malaysia’s next interest rate hike will likely occur only in the first quarter of 2019 (1Q19), and the hiking cycle will be very gradual, according to a projection by HSBC Global Research.
