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...

Banking & Investment

74

5h ago

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...

Banking & Investment

64

1d ago

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...

Banking & Investment

69

2d ago

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...

Banking & Investment

98

3d ago

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...

Banking & Investment

101

4d ago

Malaysia's Construction Sector Is Expected to Weigh Down Expansion in 2019

RAM Ratings expects Malaysia's economic growth to moderate slightly to 4.6% in 2019 from 4.7% in 2018, due to slower exports and investment activities. ...

Banking & Investment

89

7d ago

Standard Chartered Said to Mull Options for Malaysia Islamic Arm

Standard Chartered Plc is considering options for its Islamic banking unit in Malaysia, including a potential sale, people with knowledge of the matter sai...

Banking & Investment

177

09-02-2019

Banks to Work With Govt Credit Guarantee Company to Ease Housing Loans for Low-Income Earners

All banks will be required to co-operate with government-owned credit guarantee company, Syarikat Jaminan Kredit Perumahan Berhad (SJKP), under the Nationa...

Banking & Investment

253

31-01-2019

Rehda Looks Forward to National Campaign to Tackle Property Overhang

“The Home Ownership Campaign is a positive move to reduce the number of overhang (unsold) properties in Penang,” he told a press conference here. Th...

Banking & Investment

205

30-01-2019

Malaysia to Put $5.5 Billion of Homes on the Sale Rack in March

Malaysia is planning a sale for $5.5 billion of real estate to bridge the gap between property oversupply and lack of affordable homes, with developers ask...

Banking & Investment

231

30-01-2019

Property Expert Cautions Govt Against Taxing Long-Time Owners Who Sell Their Homes

A senior chartered property surveyor has urged the government to exempt senior citizens from the real property gains tax (RPGT), saying it is not fair to b...

Banking & Investment

348

21-01-2019

Malaysia Achieves Record Direct Tax Collection of RM13.72b in 2018

The Inland Revenue Board of Malaysia achieved a new record in direct tax collection last year, with RM13.723 billion collected, which is 11.13% more than ...

Banking & Investment

181

21-01-2019

Big Dip in Investment Value Seen

Khazanah Nasional Bhd, which is due to release its annual performance review in February next month, will likely report a significant drop in the value of ...

Banking & Investment

265

16-01-2019

HSBC Engaging With BNM to Push Blockchain Trade Finance Platform

HSBC Malaysia is in regular engagement with Malaysian regulators, particularly Bank Negara Malaysia (BNM), in pushing blockchain-based trade finance platfo...

Banking & Investment

154

12-01-2019

RPGT Poised to Impact Long-Term Investors

In the 2019 Budget, among the measures that stood out the most is the imposition of five per cent Real Property Gain Tax (RPGT) on gains from disposal of p...

Banking & Investment

284

11-01-2019

Bank Employees to Enjoy 0% Housing Loan for First RM100k

Bank employees will soon enjoy 0% interest in their housing loans for the first RM100,000. All member banks under the Malayan Commercial Banks’ Associ...

Banking & Investment

279

11-01-2019

Pockets of Opportunities in Malaysia Property Sector in 2019, Says Knight Frank

Property consultancy Knight Frank Malaysia said the local property market has held up rather well in the second half of 2018 (2H2018) and more improvement ...

Banking & Investment

223

10-01-2019

Malaysia Needs 3 Years to Restore Fiscal Health – Guan Eng

Malaysia will require three years to restore its fiscal health and take its position as “the most promising emerging economy” to achieve high-income st...

Banking & Investment

251

03-01-2019

New RPGT Rates Will Dampen Sales

Malaysia’s revised Real Property Gains Tax (RPGT) rates that take effect from Jan 1, 2019, will dampen market sentiment and sales in the near term, accor...

Banking & Investment

469

01-01-2019

Teh Hong Piow Officially Retires From Public Bank

Public Bank Bhd founder Tan Sri Teh Hong Piow will officially retire from his post as non-executive chairman on January 1. Teh began his banking career ...

Banking & Investment

288

01-01-2019

Finance Ministry: Stamp Duty Exemption for First-Time House Buyers From Jan 1, 2019

First-time homebuyers will be fully-exempted from paying stamp duty for properties up to RM1mil from Jan 1, says the Finance Ministry. Its minister Lim ...

Banking & Investment

888

30-12-2018

Genting Shares Remain Resilient Amid Legal Drama

Genting Bhd’s shares bounced back after a substantial loss on Wednesday following a lawsuit by Wynn Resorts Ltd alleging that the former’s yet-to-open ...

Banking & Investment

214

29-12-2018

Towards a Cashless Society — 14 Banks Now Offer DuitNow

DuitNow, a new electronic payment service from Payments Network Malaysia Sdn Bhd (PayNet) that allows bank customers to transfer money instantly and secure...

Banking & Investment

404

18-12-2018

Malaysian Authorities Declare Regulatory Intentions for Crypto

As the world is increasingly embracing Blockchain technologies, Malaysia recently took a significant step towards the inclusion of Crypto and digital asset...

Banking & Investment

355

11-12-2018

Greatest Threat for Malaysian Banks - Property Loans

The latest report by Moody’s Investors Service has set off alarm bells over the direction of Malaysia’s financial system, after the ratings agency call...

Banking & Investment

486

10-12-2018

Virtual Banks Can Give Conventional Banks a Run for Their Money

The rapid emergence of virtual banks in the past decade has proven to pose existential threats to conventional banks around the world, forcing them to keep...

Banking & Investment

236

04-12-2018

Lazada to Sell Houses Online

Lazada Group will begin selling houses on its online shopping platform soon and is planning its next shopping festival, 12.12, to boost sales. As it is,...

Banking & Investment

440

29-11-2018

Airport REIT, Departure Levy Pose Potential Constraints, Says Mavcom

The proposed Airport Real Estate Investment Trust (Airport REIT) and departure levy could materially constrain the development of the Aeronautical Charges ...

Banking & Investment

269

24-11-2018

M-REIT Industry Set for More Growth

Malaysia's iconic and jewelled assets are in M-REITs. Rare an excellent proxy to the Malaysian EAL estate investment trusts (REITs) property market. ...

Banking & Investment

267

23-11-2018

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...

Banking & Investment

370

19-10-2018

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',...

Banking & Investment

317

17-10-2018

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 had ...

Banking & Investment

283

10-10-2018

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 t...

Banking & Investment

294

08-10-2018

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...

Banking & Investment

296

06-10-2018

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...

Banking & Investment

232

23-09-2018

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...

Banking & Investment

89

23-09-2018

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...

Banking & Investment

196

19-09-2018

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...

Banking & Investment

166

18-09-2018

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...

Banking & Investment

631

18-09-2018

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...

Banking & Investment

212

14-09-2018