UOA REIT posts weaker earnings on lower occupancy, higher expenditure
Going forward, UOA REIT said economic conditions remain as the key factor influencing the occupancy and rental rates of its properties.
Documentation fee for housing loan borrowings abolished, says report
Bank Negara Malaysia wants banks to cease charging a fee relating to the provision of housing loan or home financing documentation for financial customers.
Economic Report 2021/2022: Household debt swells to RM1.34 trillion, 89.6% of GDP
KUALA LUMPUR (Oct 29): Malaysia's household debt climbed further to RM1.
BNM says banks will continue to offer targeted loan repayment assistance to borrowers when moratorium ends
KUALA LUMPUR (Aug 13): Bank Negara Malaysia (BNM) governor Datuk Nor Shamsiah Mohd Yunus said today banks in the country will continue to offer the Covid-19 pandemic-driven targeted loan-repayment assistance to borrowers when the loan-repayment moratorium expires by the end of 2021.
No free lunch in loan moratorium
Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz in June 2021 announced a six-month loan moratorium under the RM150 billion PEMULIH stimulus package.
ABM offers enhanced targeted repayment assistance from Dec 1 to end-June 2021
KUALA LUMPUR (Nov 7): The Association of Banks in Malaysia (ABM) has announced that enhancements to the targeted repayment assistance will be available to B40 borrowers who are recipients of Bantuan Prihatin Rakyat (BPR) — previously known as Bantuan Sara Hidup (BSH) — as well as microenterprises.
Total value of loan repayments reached 70% of pre-moratorium levels — BNM
KUALA LUMPUR (Oct 14): Bank Negara Malaysia (BNM) data showed that the total value of loan repayments had reached 70% of what it was prior to the blanket loan moratorium period.
Tropicana issues RM318m in sukuk wakalah to repay borrowings
KUALA LUMPUR (Oct 9): Tropicana Corp Bhd has issued RM318 million in Islamic bonds from its RM1.
ABM confirms loan moratorium procedures for hire purchase customers
KUALA LUMPUR (April 30): The Association of Banks in Malaysia (ABM) confirmed today that its member banks will be reaching out to their respective hire purchase (HP) customers to notify them of the procedures needed to effect the moratorium on their loans.
Tropicana to raise RM1.5b via sukuk to repay borrowings
KUALA LUMPUR (April 17): Tropicana Corp Bhd has proposed a RM1.
