News about bank

When it comes to growing personal wealth, Malaysians have plenty of opportunities and avenues.

PETALING JAYA (March 28): The rejection rate of housing applications has declined to below the average rate of about a quarter of all cases, said Bank Negara Malaysia (BNM) in its “Financial Stability and Payment Systems Report 2017”.

PETALING JAYA (March 28): The authorities, property developers, owners, and other stakeholders in the real estate sector are urged to come up with specific measures to reduce the severe imbalances in the office and shopping complex segments that threaten the rest of the economy, according to the “Financial Stability and Payment Systems Report 2017” published by Bank Negara Malaysia (BNM) today.

Bubble, bubble’, toil and trouble? Bubble can be a scary word for property investors because it means that real estate prices are inflating rapidly over a short period without the support of underlying fundamentals or demand.

  KUALA LUMPUR (March 12): Banks may face risks on their commercial property loans, as a looming oversupply of office buildings and shopping malls may lead to a correction in valuations, said a Reuters story citing a report by Moody’s dated March 9.

KUALA LUMPUR (March 8): Property developer Eco World Development Group Bhd (EcoWorld) held its third instalment of the EcoWorld Women's Summit today.

KUALA LUMPUR (March 7): Bank Negara Malaysia (BNM) (pictured) has maintained the overnight policy rate (OPR) at 3.

KUALA LUMPUR (March 1): Shares in AWC rose as much as 3.

KUALA LUMPUR (Feb 28): Property developer Matrix Concepts Holdings Bhd's third quarter net profit jumped 40% year-on-year to a record high of RM70.

KUALA LUMPUR (Feb 26): Government intervention on supply of affordable housing has resulted in unwanted consequence — unfair competition that deters active participation of the private developers in this segment, according to Institute for Democracy and Economic Affairs (IDEAS) senior fellow Dr Carmelo Ferlito.