PROPERTY NEWS

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Only 55% of Malaysians Pay Their Bills on Time, Says AKPK

Agensi Kaunseling dan Pengurusan Kredit (AKPK) said that only 55% of Malaysians pay their bills on time, which is 25% below world average. AKPK chief e...
article-icon Banking & Investment
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clock 19-10-2018
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44 Banks Want to Free You From the Hassle of Memorising Account Numbers

Some of you may have gotten a potentially questionable text from your banks—that your phone number might be integrated with something called ‘DuitNow...
article-icon Banking & Investment
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clock 17-10-2018
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We May Have to Come Up With New Taxes, Says Dr M

Putrajaya may need to devise new taxes in order to pay off the country’s huge debts, according to Prime Minister Dr Mahathir Mohamad. He said there ha...
article-icon Banking & Investment
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clock 10-10-2018
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Are Housing Loan Approvals Showing the True Picture?

As Malaysia’s central bank, Bank Negara acts to promote monetary and financial stability and ensures that we have a strong financial sector that supports...
article-icon Banking & Investment
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clock 08-10-2018
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House Purchases: Need for Easier Financing Schemes

Bank Negara Malaysia should work out easier financing schemes for all property buyers instead of just focusing on first time house buyers and the Bottom 40...
article-icon Banking & Investment
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clock 06-10-2018
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Impact Banking: Putting the Impact Back Into Islamic Finance

Getting arcane structures to be technically Shariah compliant has become a huge focus of Islamic finance, but a new initiative in Malaysia attempts to make...
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clock 23-09-2018
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Malaysia August Inflation Pace Slowest in More Than 3 Years

With consumer prices rising at its slowest pace in more than three years, Malaysia's retail inflation was lower than expected in August official data showe...
article-icon Banking & Investment
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clock 23-09-2018
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Putrajaya Committed to Raising Minimum Wage to RM1,500 Within Five Years, Says M Kula

Human Resources Minister M Kulasegaran said that the Pakatan Harapan government is committed to its 14th general election promise of raising the minimum wa...
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clock 19-09-2018
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Buying and Selling Property With Cryptocurrency: Mainstream by 2020

Cryptocurrency is the enigmatic online currency that takes control out of the hands of the government. It is still in its infancy and, according to one exp...
article-icon Banking & Investment
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clock 18-09-2018
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5 Ways to Invest in Real Estate Without Ever Buying Property

10% of the top fortunes in America have been built in real estate, according to Forbes. Although major deals may require large degrees of startup capita...
article-icon Banking & Investment
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clock 18-09-2018
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CIMB to Offer Lower Financing Rates for Hybrid Vehicles and GBI-Certified Properties

CIMB Bank Berhad and CIMB Islamic Bank Berhad have rolled out preferential financing rates for new hybrid vehicles and residential properties certified und...
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clock 14-09-2018
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Ringgit to Exchange Cautiously Against US Dollar Next Week

There is a risk aversion at the moment following fears over the contagious effect from Argentina, Turkey and South Africa alongside the expected imposition...
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clock 14-09-2018
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Economists: Malaysia More Insulated From Emerging Market Financial Contagion

The sharp plunge in the Argentine Peso (ARS) following the footsteps of the Turkish Lira (TRY) has raised concerns again about the risk of a contagion effe...
article-icon Banking & Investment
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clock 13-09-2018
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Malaysia: Economy Off to a Good Start in Third Quarter

Industrial production grew by 2.6% year-on-year in July, surpassing the consensus estimate of 1.4%. With the slowdown in GDP growth, both exports and p...
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clock 13-09-2018
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90% of Affordable Home Loans Are Rejected, So Here’s How Loanplus Aims to Help

From 2016 to early 2017, only 24% of new property launches were in the range of approximately RM250k, which indicates an undersupply of affordable homes, a...
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hit 191
clock 12-09-2018
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Singapore Leads Outbound APAC Investment - CBRE

According to CBRE's latest infographic, Asia Pacific's outbound investment trends are being led by Singapore. CBRE Executive Director for Capital Market...
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clock 10-09-2018
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Malaysia Central Bank Holds Rate Amid Subdued Inflation

Malaysia’s central bank maintained its benchmark interest rate on the back of low inflation and tempered economic growth expectations for the year. This ...
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hit 139
clock 07-09-2018
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OCBC Malaysia Banks on Cautious but Continued Growth

Despite the expectation of this year to be a challenging one for banks nationwide, OCBC Bank (Malaysia) Bhd (OCBC Malaysia) remains optimistic about the fu...
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hit 141
clock 06-09-2018
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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 ...
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hit 245
clock 08-08-2018
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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 216
clock 05-07-2018
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