Will Bank Negara's recent regulations herald local credit contraction?


These are interesting times, said a property consultant over lunch recently.

The pumping of liquidity by the United States, United Kingdom, Europe and Japan into their economies, and by extension into the world, by trillions of dollars, has been on an unprecedented scale. It’s like being part of a mass global experiment, the results of which we’re not quite sure, but will surely be of massive consequence.

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