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Housing Woes Due to Lack of Affordable Homes, says BNM [18-08-2017]
Affordable houses in Malaysia only accounted for 35 percent of the new supply in 2016, down from 75 percent during the previous year, said the central bank in a report by The Star. “The remaining were residences costing above RM500,000,” said Bank Negara Malaysia (BNM) Governor Datuk Muhammad Ibrahim.>>>>>[Read More]

Fitch raises Malaysia?s economic outlook, federal govt debt to stabilise [18-08-2017]
Fitch Ratings has raised Malaysia’s economic outlook and expects GDP to grow 5.1% in 2017 from 4.5% previously while it also expects the Federal Government debt to stablise. The international ratings agency had on Friday estimated average five-year re>>>>>[Read More]

Malaysia's external debt lower in Q2 at RM877b [18-08-2017]
Malaysia’s external debt declined to RM877.5bil at end-June 2017 from  end-March as the ringgit firmed up against selected major and regional currencies and also due to net repayment of interbank borrowings during the second quarter. Bank Negara Malaysia (BNM) said on Friday t>>>>>[Read More]

Malaysia's economy grew at faster pace of 5.8% in Q2 [17-08-2017]
Malaysia's economy grew at a faster pace of 5.8% in the second quarter ended June 2017 – the quickest since the first quarter of 2015 – exceeding economists' forecast of a 5.4% expansion, underpinned by the services and manufacturing sectors. Bank Negara Malaysia (BNM) said g>>>>>[Read More]

Rehda calls for easing of rules for first-time home buyers [16-08-2017]
The Real Estate and Housing Developers’ Association (Rehda) is appealing to the Government to relax regulations for first-time house buyers and properties below RM500,000. President Datuk Seri Fateh Iskandar Mohamed Mansor said the request includes a lower interest rate and longer loan tenure for transactions>>>>>[Read More]

No Audited Financial Accounts Required for Small Companies [14-08-2017]
WHAT will change when potentially tens of thousands of small companies in Malaysia are no longer required by law to appoint auditors? Will these companies benefit from not having to bother with annual audits of their financial statements? Will others find it riskier if >>>>>[Read More]

Despite High Economic Growth, Income Gap Still Wide [12-08-2017]
Even though Malaysia’s economy expanded by over five percent in Q1 2017, an expert revealed that the wage gap between average workers and affluent people remains wide, reported The Malaysian Insight. There is also fewer people who own property and financial instruments than those without, said economist Dr Mu>>>>>[Read More]

Luxury condo market likely to improve [08-08-2017]
The Klang Valley’s luxury condominium segment is expected to see improvement by the middle of next year on the back of better economic fundamentals and closer demand-supply balance. CBRE|WTW managing director Foo Gee Jen said the Malaysian economy was still on a steady growth trajectory, which bode wel>>>>>[Read More]

RAM sees Malaysia exports growth slower at 17.5% in June [02-08-2017]
RAM Ratings expects Malaysia’s export growth to slow down in June after the jump in May due to slower demand for exports from China and Singapore, after consecutive months of rapid build-up in capacity and re-stocking.  >>>>>[Read More]

Business confidence on the uptick [02-08-2017]
RHB Research Institute says in its latest economic update that it expects private investment to grow at an increased pace of 7.7% year-on-year (Y-o-Y) in 2017, from 4.3% last year, underpinned by ongoing construction of infrastructure projects and a pickup in exports. This comes followi>>>>>[Read More]

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