News about bank

KUALA LUMPUR (Oct 18): Ninety per cent of the country's population will live in cities by 2050, according to the World Bank statistics.

THE Malaysian property auction market saw 12,336 properties worth about RM4.

KUALA LUMPUR (Oct 11): Bank Negara Malaysia said developing broader home ownership alternatives, including a well-functioning rental market, was deemed a policy priority to protect homebuyers from financial hardship.

KUALA LUMPUR (Oct 6): OSK Holdings Bhd has extended its offer to the remaining shareholders of PJ Development Bhd by two weeks to Oct 25.

KUALA LUMPUR (Oct 6): Encorp Bhd is selling 2.

SINGAPORE (Oct 5): Still-buoyant sentiment in the mass market could allow Singapore’s property developers to raise prices, but might trigger further policy tightening on top of the property cooling measures in place, says Maybank Kim Eng.

KUALA LUMPUR (Sept 30): Sunway REIT Management Sdn Bhd non-independent non-executive chairman Tan Sri Dr Jeffrey Cheah Fook Ling (pictured) will relinquish his position effective today, as part of efforts to enhance board independence.

KUALA LUMPUR (Sept 28): HSBC Global Research said there is limited room for Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR), beyond the possible 25-basis-point (bps) cut by year end, given the central bank’s thin foreign exchange reserves.

KUALA LUMPUR (Sept 23): A higher withdrawal cap on the Employees Provident Fund (EPF) savings appears to be the most viable among proposals to help first-time homebuyers in Malaysia, according to CIMB Investment Bank Bhd.

KUALA LUMPUR (Sept 22): The Malaysian Government's Public Sector Housing Financing Board said its RM4 billion Islamic bond was oversubscribed more than three times, due to its "strong credit standing.