PROPERTY NEWS


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#Article
Bank Negara Expands Eligibility Criteria for RM1B Fund for Affordable Homes
Bank Negara Malaysia (BNM) has expanded the eligibility criteria for first time home buyers looking to buy a house via the RM1 billion Fund for Affordable ...
clock 2d ago

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#BankingInvestment
Banks' Interest Rate After BNM's 2019 OPR Cut
The Overnight Policy Rate (OPR) is an overnight interest rate set by Bank Negara Malaysia (BNM). It is a rate a borrower bank has to pay to a leading bank ...
clock 02-07-2019

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#Article
BNM in Midst of Setting Up Financial Threat Intelligence Platform, Says Governor
Bank Negara Malaysia (BNM) is in the midst of setting up a Financial Threat Intelligence Platform to better equip Malaysia against cyber threats in the age...
clock 18-06-2019

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#BankingInvestment
Malaysia Does Not Practise Unfair Currency Practices
Bank Negara Malaysia (BNM) said Malaysia supports free and fair trade and does not practise unfair currency practices. This statement is made after Malaysi...
clock 01-06-2019

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#BankingInvestment
BNM to Boost Market Accessibility, Liquidity
Bank Negara Malaysia (BNM) has announced several initiatives for the foreign-exchange (forex), derivative and repurchase agreement (repo) markets to improv...
clock 17-05-2019

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#BankingInvestment
Bank Muamalat Lowers Base Rate and Base Financing Rate
Bank Muamalat Malaysia Bhd is reducing its base rate (BR) and base financing rate (BFR) by 25 basis points from 4.06% and 7.06% annually to 3.81% and 6.81%...
clock 16-05-2019

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#BankingInvestment
RHB Lowers Base Rate and Basic Lending Rate by 20 Basis Points Following OPR Cut
RHB Banking Group said it has revised its base rate (BR) and base lending rate (BLR) by 20 basis points effective May 13, following the cut in the overnigh...
clock 15-05-2019

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#BankingInvestment
First Time in Nearly 3 Years, Malaysia Cuts Key Rate to 3%
The recent spike in trade tensions between Washington and Beijing is likely to have concerned policymakers at the bank. Many Asian economies, such as Indon...
clock 08-05-2019

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#BankingInvestment
Banks Raising Interest Rates While BNM Still Holding OPR Steady
Several financial institutions have increased their base rate (BR) ahead of Bank Negara Malaysia’s review of the overnight policy rate (OPR), according t...
clock 07-05-2019

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#bnm
Malaysia to See First Neo Bank by 2020
Financial technology (fintech) industry players are optimistic that Malaysia will be able to kick off its virtual banking revolution and set up its first n...
clock 02-04-2019

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#bnm
More Than RM300 Million Worth of Unclaimed Insurance Benefits - BNM
The insurance and takaful industry has more than RM300 million worth of unclaimed benefits as a result of outdated records of policy and certificate holder...
clock 31-03-2019

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#SHAREDA
Banks Need to Understand Sabah Property Market, Says SHAREDA President
The loan distribution ratio between Sabah and Kuala Lumpur is a disadvantage to the buyers and developers in Sabah, says Chew Sang Hai, President of the Sa...
clock 29-03-2019

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#housingloans
Unfair Housing Loan Terms to Be Revised by End 2019 - BNM
Bank Negara Malaysia (BNM) has found that some terms and conditions in housing loans and financing contracts are disproportionately skewed in favour of ban...
clock 28-03-2019

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#bnm
Bank Negara Wants to Impose a Limit on Cash Transactions
Bank Negara Malaysia (BNM) is looking at introducing a transaction limit for cash transactions in the country. BNM is still studying to either implement a ...
clock 28-03-2019

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#commercialproperty
Oversupply of Commercial Property Will Worsen - BNM
Bank Negara Malaysia (BNM) saw an uptick in commercial activity in the commercial property sector in 2018, but the oversupply of retail and office space wi...
clock 28-03-2019

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#BankingInvestment
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...
clock 13-03-2019

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#EastMalaysia
Loan Schemes to Complement the National Home Ownership Campaign
In last year’s Budget 2019 announcement, initiatives were introduced to address the homeownership plights of the B40 group. As the National Home Ownershi...
clock 19-02-2019

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#BankingInvestment
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...
clock 12-01-2019

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#EastMalaysia
Allocate Fair Number of Affordable Homes to Sarawak, Putrajaya Told
Sarawak should be allocated a fair number of affordable homes from the recently announced one million units of such houses to be built nationwide in the ne...
clock 07-01-2019

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#BankingInvestment
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...
clock 11-12-2018



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