News about bank

KUALA LUMPUR (March 28): The stronger-than-expected inflationary pressure — based on the consumer price index (CPI) that has climbed at the fastest pace in eight years at 4.

KUALA LUMPUR (March 25): The residential, office and hospitality property sectors are believed to have bottomed but the retail property is expected to remain under pressure in 2017, said Zerin Properties group CEO and founder Previndran Singhe (pictured) during his talk at The Edge Malaysia Investment Forum on Real Estate 2017 today.

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KUALA LUMPUR (March 23): The undersupply of affordable houses in Malaysia may worsen, given current income and demographic factors, according to Bank Negara Malaysia's 2016 Annual Report.

KUALA LUMPUR (March 23): Malaysia Building Society Bhd (MBSB) made multiple appointments to its board of directors effective yesterday.

PETALING JAYA: The Association of Banks in Malaysia (ABM) said the approval rate for housing loans in 2016 is high at 73.

KUALA LUMPUR (March 14): Sime Darby Bhd’s decision to unlock value for its shareholders by breaking its conglomerate structure into three distinct pure play companies is a smart move, said Aberdeen Asset Management plc co-founder and chief executive officer (CEO) Martin Gilbert.

KUALA LUMPUR (March 2): Bank Negara Malaysia maintained the overnight policy rate (OPR) at 3% as the central bank evaluated risks to the country's economic growth and inflation.

KUALA LUMPUR (March 1): The Real Estate and Housing Developers’ Association Malaysia (Rehda) would like to see special end-financing schemes, such as the Skim Pembiayaan Fleksibel (SPEF) that was created exclusively for Perbadanan PR1MA Malaysia homes, applied to private developments as well.

KUALA LUMPUR (Feb 24): IGB Corp Bhd shares rose as much as 38 sen or 15% after controlling shareholder Goldis Bhd made a takeover offer for the remaining IGB shares at RM3 each.