Express Rail Link facing financial woes
AFTER operating for almost 15 years and now enjoying record-high passenger volumes, many would expect that KLIA Ekspres to be a commercially viable project that can stand on its own.
BNM's OPR decision a balancing act, says Standard Chartered
KUALA LUMPUR (Jan 19): Bank Negara Malaysia (BNM)'s decision today on the overnight policy rate (OPR) is a toss-up between the country's inflation rate and the risk of capital outflows, said Standard Chartered Bank Malaysia Bhd.
Bank Negara keeps interest rate at 3%
KUALA LUMPUR (Jan 19): As expected, Bank Negara Malaysia (BNM) left its benchmark interest rate unchanged at 3% today at the its first Monetary Policy Committee (MPC) meeting of the year.
Singapore property market may see a recovery in 2017 but challenges remain
SINGAPORE (Jan 18): Deutsche Bank expects a challenging 2017 for the local property market despite forecasting a recovery.
Felda to sell off overseas assets
KUALA LUMPUR (Jan 18): Confirming that it is paring down its stake in Malayan Banking Bhd (Maybank) to raise money, cash-strapped Federal Land Development Authority (Felda) disclosed yesterday that it also wants to dispose of some of its overseas assets.
Jaks’ near-term earnings to be underpinned by Vietnam job
Jaks Resources Bhd (Jan 10, RM1.
Looking ahead into a lacklustre property sector
Property sector Maintain neutral: The House Price Index (HPI) grew by 5.
‘Property outlook to remain subdued as lending stays tight’
KUALA LUMPUR (Dec 29): Property developers are expected to register another year of slow performance in 2017 amid a lack of catalysts for the segment, as cooling measures introduced by the central bank to rein in speculation continue to be the main hurdle for property companies.
MBSB active, up 2.78% on getting go ahead for M&A talk with AFB
KUALA LUMPUR (Dec 22): Malaysia Building Society Bhd (MBSB) rose 2.
