Housing loan growth slowed in 2024, impairment ratio remained low, says BNM
Overall outstanding housing loans grew by 6.
Overall outstanding housing loans grew by 6.
To sustain the infrastructure investment level in the face of reductions in the central government capital grants, countries need to embrace the idea of sub-national entities accessing private finance for investments in public infrastructure and services.
Domestically, the central bank noted that following its strong outturn in the first quarter of the year, the local economy has since expanded at a more moderate pace as exports were weighed down by slower external demand in line with expectations.
Looking ahead, Fitch Solutions expects the fading of base effects and pent-up demand, tighter credit conditions, and a weakening global growth outlook to pose significant growth headwinds.
KUALA LUMPUR (Oct 29): Malaysia's inflation, measured by the consumer price index (CPI), is expected to moderate from current levels to 2.
KUALA LUMPUR (Sept 9): Economic Club of Kuala Lumpur (ECKL) chairman Tan Sri Abdul Wahid Omar has welcomed the government’s announcement to move Klang Valley into the second phase of the National Recovery Plan (NRP), pointing out that this move will make the prospects of achieving 4% of gross domestic product (GDP) growth this year clearer.
KUALA LUMPUR (Aug 11): Singapore’s real estate investment growth doubled to US$4.
PETALING JAYA (Aug 5): Cities are now outperforming national housing markets, with 43 cities registering an annual price growth above 10%, up from just one year ago, according to Knight Frank’s latest report Knight Frank’s Global Residential Cities Index, published in July.
KUALA LUMPUR (July 15): Global growth could add "several percentage points" and see benefits "in the trillions" if advanced economies release their extra vaccines to help developing countries whose reopening has stalled due to lack of vaccines, World Bank president David Malpass said.
KUALA LUMPUR (May 11): The nationwide movement control order (MCO) could take away 0.