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Minister: Allow firms to finance housing loans

KUALA LUMPUR: The Urban Wellbeing, Housing and Local Government Minister has proposed that more lending institutions be created to help low-income earners buy homes.


LBS issues RM135mil sukuk to finance housing projects

PETALING JAYA: Property developer LBS Bina Group Bhd is issuing RM135mil sukuk to part-finance three projects in Malaysia, group managing director Datuk Lim Hock San said.


Cagamas completes sale of RM630m debt

PETALING JAYA: Cagamas Bhd has completed the sale of RM630mil multi-tenured conventional medium term notes (MTN), where proceeds from the issuance will be used to finance housing loans from the financial system.


Chavez warns he could nationalize banks

CARACAS, Venezuela: Venezuelan President Hugo Chavez on Thursday warned he would be willing to nationalize any banks that refuse to finance housing construction projects promoted by his government.


LPPSA issues second series of RM3.25b sukuk

KUALA LUMPUR: Lembaga Pembiayaan Perumahan Sektor Awam (LPPSA) on Thursday issued a second series of sukuk of up to RM3.25 billion, which is to finance housing loans to the public sector.


Saudi company lists largest sukuk in Labuan

Dar Al-Arkan International Sukuk Co yesterday listed its US$1bil Sukuk Al-Ijara on the Labuan International Financial Exchange (LFX) to finance housing projects in Saudi Arabia.

Business Premium

Solving the residential housing overhang problem

THE recent budget saw the Pakatan Harapan government announcing several measures addressing issues facing the local property sector.


Nod for National Housing Policy

PETALING JAYA: The National Housing Policy has been approved by the Cabinet two weeks ago, said National Housing Department director-general N. Jayaselan, and its main thrust is the separation of public and private housing, with an emphasis on renting.


MoF: Housing loan division to become statutory body

KUALA LUMPUR:The Finance Ministry has denied that the Housing Loan Division (BPP) will be abolished.


Your 10 questions with Clifford Herbert

Ex Treasury sec-gen and alternate governor of the World Bank TAN SRI CLIFFORD HERBERT answers Your 10 Questions.