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Banks Should Be More Flexible in Lending - Lim Guan Eng

Finance Minister Lim Guan Eng says the government may introduce a windfall tax for banks unless they turn more flexible in giving out loans. “We want ...
article-icon Banking & Investment
hit 340
clock 3d ago
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REIT Segment to Remain Resilient Despite Tough Times Ahead

Real estate investment trusts (REITs) are expected to face a challenging environment in 2019, despite measures being taken to improve performances. The ...
article-icon Banking & Investment
hit 118
clock 4d ago
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Housing Loans on the Uptrend in January

The correction period for the property market continues with house buying activities emanating stronger on the radar. Domestic central bank data shows l...
article-icon Banking & Investment
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clock 4d ago
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RM486m Tax Refunds Failed to Be Returned in 2018 — LHDN

The Inland Revenue Board (IRB) or Lembaga Hasil Dalam Negeri (LHDN) of Malaysia said today that 6.2% or RM486.29 million in tax refunds last year failed to...
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clock 4d ago
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Being Bullied by Banks? Bank Negara Malaysia (BNM) LINK Wants to Help You

As you try to sort your finances out, the bank rings you night and day, and you have no idea how to deal with them, "BNMLINK is here to assist you," says D...
article-icon Banking & Investment
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clock 10d ago
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Malaysia Govt Should Closely Monitor Large Household Debt - IMF

International Money Fund (IMF) expressed that Malaysia’s financial sector appears resilient with sound profitability and liquidity indicators, as well as...
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clock 12-03-2019
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Bank Pembangunan Cleaning Up After Accused of Lax Lending

Finance Minister Lim Guan Eng has expressed confidence in newly appointed Bank Pembangunan Malaysia Bhd chairman Datuk Zaiton Mohd Hassan’s ability to tu...
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clock 08-03-2019
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Khazanah Reported Its First Loss Since 2005

Sovereign wealth fund Khazanah Nasional Bhd, which has reported its first loss since 2005, will undertake a portfolio transformation to diversify and impro...
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clock 06-03-2019
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Guan Eng: Malaysia’s 1% Inflation Proves SST Mitigated Price Increases

Finance Minister Lim Guan Eng said yesterday Malaysia’s 2018 inflation at 1% versus 2017’s 3.8% is proof that the sales and service tax (SST) played a ...
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clock 05-03-2019
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Loans Access Issues Must Be Addressed to Help First-Time House Buyers

Issues related to loans and access to financing must be addressed to help first-time house buyers purchase their dream properties, says local property deve...
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clock 02-03-2019
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Malaysia’s Money Supply to Grow 5.5pc in 2019 - RHB Research

RHB Research Institute expects Malaysia's money supply (M3) to grow at 5.5 per cent this year, as compared to eight per cent in 2018. In a research note...
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clock 01-03-2019
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EPF Revises List of Unit Trust Funds for 2019/2020

The Employees Provident Fund (EPF) said a total of 382 funds were approved under the EPF Members Investment Scheme (EPF MIS) for the 2019/2020 period but o...
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clock 01-03-2019
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Maybank Recorded High Net Profit in 2018, Maintains Conservative Stance for 2019

The country’s largest bank Malayan Banking Bhd (Maybank), which achieved record high net profit in 2018, said it maintains a conservative stance on the g...
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clock 27-02-2019
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Grand Opening of Allianz Kota Kinabalu Branch in Riverson Walk

Allianz celebrated their newly relocated office for Kota Kinabalu branch today at Block B, Riverson Walk officiated by Allianz Malaysia Berhad’s Chief Ex...
article-icon Banking & Investment
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clock 26-02-2019
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Malaysia Economy Is Going Strong - Guan Eng

Malaysia's economy is going strong and the gross domestic product (GDP) is expected to expand a further 4.9 per cent in 2019, albeit, a decline in inflatio...
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clock 25-02-2019
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LaBrooy: Government Buildings’ REIT Will Do Very Well

Alpha REIT Managers Sdn Bhd chairman Datuk Stewart LaBrooy said real estate investment trust (REIT) of government buildings would do very well, given the g...
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clock 22-02-2019
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Ringgit to Move in Range of 4.0602 – 4.0719 Against USD Today - AmBank Research

AmBank Research expects the ringgit (MYR) to trade on a slightly muted note, between its support levels of 4.0569 and 4.0602 while the resistance is pinned...
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clock 21-02-2019
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SE Asian Stocks in Red Except Malaysia and Vietnam

As most of the Southeast Asian equity markets ended lower, Malaysia gained as investors took positions amid the earnings season. Malaysian index gained 0.8...
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clock 20-02-2019
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Huge Interest for Investing in Vietnam, Your Hot New Luxury Property Market

The Grand Manhattan embraces the latest in New York living. The 39-story development will house apartments, a hotel, restaurants and some of the most expen...
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hit 219
clock 19-02-2019
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EPF Declares 6.15 Percent Dividend for Conventional Savings, 5.9 Percent for Shariah

The Employees Provident Fund (EPF) has declared a dividend rate of 6.15% for Simpanan Konvensional 2018, with payout amounting to RM43 billion and 5.9% for...
article-icon Banking & Investment
hit 222
clock 18-02-2019
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