News about state

Since 2013, banks have somehow been “selling” and “billing” the security documents to lawyers for prices ranging between RM100 and RM600.

Bank Negara Malaysia wants banks to cease charging a fee relating to the provision of housing loan or home financing documentation for financial customers.

EXAL, managing director Albert Ko: For me, coming home to Kuching, was like rediscovering a part of me that had been missing for decades.

The question that begs to be asked is: Why were these built there in the first place? More importantly, what needs to be done moving forward to ensure the problem does not repeat itself? Building cookie-cutter affordable homes is not just doing a disservice to those who need them, but fanning a burning issue that has been around for too long.

“The current guidelines proposed by the Penang government in July 2022 pose severe constraints on domestic and international travel to Penang; and will be detrimental to the state’s tourism industry and long-term economic growth.

Judge Datuk Nallini Pathmanathan, who wrote the unanimous decision, ruled Section 22(2A) said the development affecting hill tops or hill slopes are no longer merely an issue of local state governance.

Fitch Solutions said while core inflation remains on a firm uptrend, the headline inflation is expected to stay above the central bank’s target at least through the first half of the year, especially with negative real interest rates.

BNM said the country's growth in 2023 is expected to moderate amid a slower global economy, likewise the headline and core inflation figures — though the latter two will remain elevated amid lingering demand and cost pressures.

Buyers from mainland China snapped up about US$2 billion (RM8.

“Following a likely January hike, we expect a pause in March, before another 25bps hike in May, assuming the government announces some form of subsidy adjustments for the second half of 2023.