Ex-BNM governer questioned over RM2bil land purchase

PETALING JAYA (Nov 7): The Malaysian Anti-Corruption Com­mission (MACC) has questioned former Bank Negara Malaysia (BNM) governor Tan Sri Muhammad Ibrahim over the central bank’s RM2bil land purchase from the Finance Ministry in January.

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Multi-generational loan could be a burden – Rep

GEORGE TOWN (Nov 5): Extending the housing loan term to 90 years or more may help reduce the overhang of property stocks, but are the children ready to shoulder the burden? The concern was raised by Kebun Bunga assemblyman Jason Ong Khan Lee in response to a proposal by the state government to Bank Negara to introduce generational loans to mitigate the problems on securing financing for first-time homebuyers, reported The Star today.

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