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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: RM70bil of national debt to mature in 2019

KUALA LUMPUR: A total of RM70bil in federal government debt is expected to mature in 2019, out of which about 25 per cent is to be redeemed in the first half of next year, reflecting a lower refinancing risk in the near term, said the Ministry of Finance (MoF).

MBSB-AFB merger on track, valuation being negotiated

KUALA LUMPUR: The merger and acquisition talks between Malaysia Building Society Bhd (MBSB) and Asian Finance Bank Bhd (AFB) are on track with the only concern being valuation.

Top foreign and local stories at 4pm

Top foreign and local stories at 4pm

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.

MoF: Housing loan division to become statutory body

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

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.

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.

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.