PROPERTY NEWS
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Bank Negara's International Reserves at RM104.5bil as of July 31
Bank Negara Malaysia’s international reserves amounted to US$104.5 billion as at July 31 this year. This was a marginal 0.096 percent lower than the U...
article-icon Banking & Investment
hit 215
clock 10d ago
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Better Recognition Will See Cryptocurrencies Grow
Industry players mooted that with better recognition from regulators, the cryptocurrency industry will see a more positive growth. Bank Negara Malaysia ...
article-icon Banking & Investment
hit 164
clock 05-07-2018
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Banks Waive Fee for Instant Interbank Fund Transfer
In line with Malaysia's central bank policy, banks are now offering free Instant Interbank Fund Transfer (IBFT). Last December, Bank Negara announced i...
article-icon Banking & Investment
hit 220
clock 03-07-2018
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Government Looking to Replace Ringgit Notes With New Ones
The government is looking to replace the current currency notes with new ones to combat corruption. Prime Minister Tun Dr Mahathir Mohamad said in an in...
article-icon Banking & Investment
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clock 27-06-2018
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Banks Exercise Considerable Flexibility in Granting Housing Loans, With Three in Four Loans Approved
In slamming reports that banks are too strict with housing loans, Bank Negara Malaysia clarified that financial institutions exercise “considerable flexi...
article-icon Banking & Investment
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clock 25-06-2018
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Maybank Mulls Demolishing Jalan Pantai Branch Building
Malayan Banking Berhad (Maybank) has temporarily halted plans to renovate its Kota Kinabalu branch at Jalan Pantai due to structural issues and is consider...
article-icon Banking & Investment
hit 2,008
clock 29-05-2018
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Maybank Islamic Opens Rent-to-Own Scheme to Secondary Market
Maybank Islamic Bhd’s Rent-to-Own (RTO) scheme, HouzKEY has been expanded to include properties in the secondary market to cater to customers’ demand f...
article-icon Banking & Investment
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clock 21-05-2018
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Maybank MaxiHome Ezy Offers Lower Monthly Repayments
In a bid to help first-time buyers get up the property ladder, Maybank introduced a new affordable housing loan scheme, in which it offers RM10 billion wor...
article-icon Banking & Investment
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clock 08-05-2018
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Maybank Revises Base Rate Upwards to 3.25 Percent
Maybank will be revising upwards its base rate (BR) to 3.25 percent per annum from three percent per annum and base lending rate to 6.90 percent per annum ...
article-icon Banking & Investment
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clock 31-01-2018
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Putrajaya Proposing Lower House Loan Interest Rate, Even as BNM Hikes OPR
Putrajaya said today it will submit a proposal to Bank Negara Malaysia (BNM) proposing a lower mortgage interest rate, in a bid to reduce the overall finan...
article-icon Banking & Investment
hit 907
clock 26-01-2018
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First Syariah Alternative to Securities Borrowing and Lending Launched
Bursa Malaysia yesterday launched the world’s first syariah-compliant alternative to Securities Borrowing and Lending (SBL). Chief executive officer D...
article-icon Banking & Investment
hit 315
clock 14-12-2017
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Declining MGS Yields in May Makes REITS More Appealing
Real estate investment trusts (REITs) are on track to see marginal earnings recovery this financial year, as a decline in Malaysian Government Securities (...
article-icon Banking & Investment
hit 524
clock 08-06-2017
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Ringgit Extends Gains Against US$ Early Wednesday
The ringgit extended Tuesday's gains to open higher against the US dollar on Wednesday as more investors shifted their interest towards emerging currencies...
article-icon Banking & Investment
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clock 03-05-2017
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Foreign Purchases Slow but Steady on Bursa
MIDF Amanah Investment Sdn Bhd (MIDF Research) observed that foreigners took their foot off the pedal as the amount purchased in the open market – exclud...
article-icon Banking & Investment
hit 446
clock 18-04-2017
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Rise in Property Loan Approval Is Not Sustainable
There are hundred of new launches and properties in the market. Hence, making these properties attainable requires strong monetary backing from the financi...
article-icon Banking & Investment
hit 623
clock 30-03-2017
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BNM Governor: Malaysian Economy to Expand 4.3-4.8percent This Year
The country’s economy is projected to expand between 4.3 and 4.8 percent this year driven by domestic demand and support from the external sector, says B...
article-icon Banking & Investment
hit 442
clock 27-03-2017
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Invest in Property Now or Wait?
Kenanga Investment Bank Bhd believes the property sector is bottoming out but still lacks strong catalysts. The bank is advising investors to be selective ...
article-icon Banking & Investment
hit 821
clock 21-03-2017
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When to Buy a House Part 2
For many people, buying a house means tying one’s self to a monthly mortgage repayment for the next 10, 15 or perhaps 20 years. Houses are expensive item...
article-icon Banking & Investment
hit 2,777
clock 09-03-2017
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EPF to Bank on Private Market Investments
Malaysia’s Employees’ Provident Fund (EPF) will continue to spend wisely the money entrusted to it by the people, according to its CEO Datuk Shahril Ri...
article-icon Banking & Investment
hit 581
clock 21-02-2017
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Malaysia to Register Better Economic Growth This Year
Economists believed the country’s economic growth this year will fare better than last year following the release of the gross domestic product (GDP) gro...
article-icon Banking & Investment
hit 509
clock 20-02-2017
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