Investment

Bank Negara slaps RM1.4mil fineBank Negara slaps RM1.4mil fine on financial institution
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BY M. HAFIDZ MAHPA     KUALA LUMPUR: Bank Negara Malaysia (BNM) has imposed an administrative monetary penalty of RM1.4mil on a financial institution for failure to notify it promptly after learning of its dealers’ misconduct involving the fixing of the US dollar/ringgit exchange rate. In a statement, BNM said the financial institution, which it…

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Chinese overseas real estate investment hit new record of US$33bil in 2016
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Hotel and industrial sectors saw biggest rise in investment SINGAPORE: China has hit a record of US$33bil (approximately RM146bil) in overseas commercial and residential property investment in 2016, an increase of nearly 53% year-on-year, according to the latest data from JLL’s Global Capital Flows. While investment in land, offices and hotels account for 90% of…

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Report claims no signs of housing bubble
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By Jonathan Roberts (jonathan@propwall.com) Some allude that Malaysia is living in a housing bubble and a burst is in the offing. Do these arguments hold water? PETALING JAYA: THE ramifications of a bubble burst are disastrous as seen with The Great Recession in the United States, in which its effects were felt globally. A recent…

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Challenging times for banks amid global economic uncertainties
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BY YVONNE TAN and GURMEET KAUR PETALING JAYA: While it will remain challenging for banks amid the global economic uncertainty, bankers are optimistic that the sector will see improved profitability next year after experiencing flat growth this year. They expected the improvement in performance to be largely driven by stronger domestic economic growth coupled with continued cost-saving…

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(Video)Interview: Mark Chua “Who says you can’t be rich working a 9 to 5 job?”
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  Mark Chua, author of best-selling book titled “Who says you can’t be rich working a 9 to 5 job?” and founder of the movement 925, talks to StarpropertyTV about his career and property investment trajectory. Watch the video to learn Mark’s insights on being a property investor while climbing up the corporate ladder, his…

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Banks’ association supports steps to stabilise ringgit
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PETALING JAYA: The Association of Banks in Malaysia (ABM) expects the new measures introduced by the Financial Markets Committee (FMC) to stabilise the ringgit (pic) to ultimately benefit all the real sectors of the economy. In a statement, ABM said the measures were for the longer term development of the onshore market and will result…

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Malaysia Affordable Housing Guide 2016/2017 – Part 1
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Since the last Malaysian Federal Budget 2016, a substantial portion of the annual budget has been poured into the affordable housing segment. But with so many different housing initiatives run by different government agencies, it can get confusing real quick! This infographic helps you make sense of it all in one glance.   Click here…

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Malaysia Affordable Housing Guide 2016/2017 – Part 2
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  Click here if you missed Malaysia Affordable Housing Guide 2016/2017 – Part 1 (Infographic). This article contains all the details of each affordable housing available in Malaysia. List of affordable housing projects: 1.Skim Perumahan Rakyat 1Malaysia (PR1MA) 2.Skim Perumahan Mampu Milik Swasta (MyHome) 3.Perumahan Penjabat Awam 1Malaysia (PPA1M) 4.Program Perumahan Rakyat (PPR) 5.Rumah Mesra…

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Budget 2017: Impact on RPGT Malaysia
Budget 2017: Impact on RPGT Malaysia  

Third Friday of October. 21st October 2016. What is the significance of this date, and how is it going to change Malaysia’s property market for the better or worse?     Malaysia Budget 2017 is looming up and there are already signs in the market that significant changes are coming along. The Statutory Reserve Requirement…

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Bank Negara spends US$1.9bil defending the ringgit
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PETALING JAYA: Bank Negara’s foreign exchange reserves fell by US$1.9bil (RM8.4bil) to US$96.4bil from US$98.3bil as the central bank used its reserves to stem the slide of the ringgit in recent weeks. “The lower international reserves position reflected the liquidity support in the foreign exchange market,” Bank Negara says in a statement. The admission by…

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