ZADC
BNM proposes central authority for affordable housing
The prolonged mismatch between the price of supplied property and the average affordability level of Malaysian citizens has prompted Bank Negara Malaysia (BNM) to be more vocal about the issue in recent months. Having referred to the issue as “critical” late last year, it has subsequently made suggestions on... Read more
Affordable housing requires diverse partnerships, says BNM
If Malaysia’s goal of delivering adequate affordable housing options to the Rakyat is to be attained, the country must foster more diverse collaborative partnerships to get the job done, says Bank Negara Malaysia (BNM). The central bank said that this would include the participation of a vibrant business community... Read more
Bank Negara maintains OPR at 3% (for now)
Some called it wrong, some called it right, but inflation concerns persist and many wonder how long the overnight policy rate can remain unchanged. Although Bank Negara Malaysia (BNM) decision to retain an OPR of 3% last week produced an audible sigh of relief among those who have already... Read more
Of Malaysia’s inflation and interest rates
BY Zoe Phoon News of the country’s escalating inflation rate and resulting (potential) rise in interest rates has put the market on the edge of its seat. The media is alight with commentaries and perspectives as experts scramble to explain, or make sense of, the latest seismic movement in... Read more
Alert! OPR rate hike on the cards
Market analysts foresee that the overnight policy rate (OPR) might go up by another 25 basis points (bps) before the end of the year. The latest to suggest that Bank Negara Malaysia (BNM) will consider this move is TA Securities Holdings Bhd, which said that the OPR will likely... Read more