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Latest Credit, Finance & Industry News
Strict lending rules contribute to unsold property stocks [21-04-2017]
Stringent lending rules is a major factor contributing to the rise in unsold stocks in the property market, according to Real Estate and Housing Developers Association (Rehda). Its president Datuk Seri FD Iskandar, who was revealing Rehda’s Property Industry Survey for the second half of 2016 and Market Outlo>>>>>[Read More]

Malaysia's inflation up 5.1% on higher cost of fuel [20-04-2017]
Higher fuel prices sent the rate of inflation for March soaring to its highest level in nearly nine years, with the consumer price index (CPI) rising 5.1%. With the headline inflation rate the highest since November 2008 but lower than ex>>>>>[Read More]

Automotive industry to see gradual recovery [20-04-2017]
The automotive sector is expected to recover gradually amidst a strengthening of the Malaysian ringgit and an improvement in consumer spending, according to Affin Hwang Capital Research. Additionally, Affin said the consumer confidence index looks promising, rebounding from 69.8 to 76.6 >>>>>[Read More]

Construction costs up 10pc hobbling builders, Rehda survey shows [19-04-2017]
Property developers in Malaysia are being challenged to stay in business amid rising construction costs, the Real Estate And Housing Developers (Rehda) said today. The local association of developers said over half (56 per cent) of its 165 members >>>>>[Read More]

Malaysian property prices remain steady [19-04-2017]
House prices have remained steady despite a slowdown in property sales and a huge overhang of unsold units. According to the Valuation & Property Services Department’s (JPPH) Property Market Report 2016, prices of residential pro>>>>>[Read More]

Malaysia's CPI up 5.1% on year in March, hitting 8-year high [19-04-2017]
Malaysia’s consumer price index (CPI) jumped 5.1% in March on year, the highest in eight years due to the low base last year and higher retail fuel prices compared to March 2016. The latest index, however, was marginally lower than Bloomberg survey of a 5.2% rise. The S>>>>>[Read More]

Rehda: Pick-up in H216 property sales [19-04-2017]
Total property launches and sales nearly doubled in the second half of last year compared with the first half of 2016, despite a glut in the sector, according to the Real Estate and Housing Developers Association (Rehda). According to a survey comprising 165 of its members, a total of 1>>>>>[Read More]

Property sector recorded 11.5% fall in volume in 2016 [18-04-2017]
The local property segment recorded a 11.5% decline in volume and 3% drop  in value last year compared with 2015, as the market continued to remain soft, said the Valuation & Property Services Department (JPPH).  In a statement, it said more than 320,000 transactions worth >>>>>[Read More]

Digital economy could add more than 20% to Malaysia's GDP before 2020 [18-04-2017]
The contribution of the digital economy to Malaysia's gross domestic product (GDP), at about 17% currently, is expected to exceed the projected target of 20% earlier than 2020, said Treasury Secretary-General Tan Sri Dr Mohd Irwan Serigar Abdullah. He expressed confidence that the level >>>>>[Read More]

Malaysia's timber exports to improve 5% this year [17-04-2017]
Malaysia's timber exports are expected to increase 5% this year from RM21.86 billion in 2016, supported by demand from India, said Plantation Industries and Commodities Deputy Minister Datuk Datu Nasrun Datu Mansur. He said the export value of sawn timber, plywood and medium density fib>>>>>[Read More]


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