Bank Negara cuts OPR by 25bps for the first time since 2009
KUALA LUMPUR (July 13): Bank Negara Malaysia (BNM) has cut its key interest rate to 3% from 3.
KUALA LUMPUR (July 13): Bank Negara Malaysia (BNM) has cut its key interest rate to 3% from 3.
KUALA LUMPUR: Malayan Banking Bhd (Maybank) has jointly led a consortium of lenders to provide the first syndicated syariah-compliant construction financing in New York, the US, totalling US$219 million (RM895.
KUALA LUMPUR (June 16): Bandar Malaysia Sdn Bhd has obtained funding for its massive project with the setting up of a fund backed by leading Chinese and Malaysian banks, with an asset base exceeding US$13 trillion.
PETALING JAYA (June 8): Prime Central London (PCL) property data for 1Q2016 reflects an encouraging start to the year, with prices rising by 4.
KUALA LUMPUR (June 2): Higher costs of funding prompted some banks to raise their base rates (BR) and base lending rates (BLR) recently, the first time since January 2015, when the BLR structure was replaced with a new BR system.
KUALA LUMPUR (May 25): IGB Corp Bhd, which saw its latest quarterly net profit slump 20.
Property sector Maintain neutral: According to the National Property Information Centre, Malaysia’s property market recorded an 8% decline in transaction value and a 5.
PETALING JAYA (May 7): A new man is in charge.
KUALA LUMPUR (May 6): DRB-Hicom Bhd’s divestment plan to pare down high borrowings seems to have hit a snag.
OVER the past year or so, a few quarters – especially property developers and real estate agents – said many of their customers were finding it difficult to get financing to buy properties.