KUALA LUMPUR: Bank Negara Malaysia is raising the Statutory Reserve Requirement (SRR) Ratio from 2% to 3%, which it described as a pre-emptive move to avert financial instability.
The central bank said on Thursday, May 5 that the increase in the SRR would come into effect from May 16.
Written by Sheikh Al-Zaquan of theedgemalaysia.com
KUALA LUMPUR: Malaysia's property market enjoyed double-digit growth in 2010, expanding 11.4% and 32.4% in volume and transaction value respectively.
The Finance Ministry's National Property Information Centre (NAPIC) said on Wednesday, April 20 that Kuala Lumpur,Selangor and Sarawak recorded the highest house prices while overall, the Malaysian All House Price Index rose 8.9 points to 140.7 in 2010.
PETALING JAYA: A shortage of industrial properties and absence of new industrial park projects in the Klang Valley have resulted in higher prices and opened up opportunities for developers with large landbank, especially those near highways, to venture into industrial park projects.
KUALA LUMPUR : At 150 kilometers long and costing a whopping RM36.6 billion, the Kuala Lumpur Mass Rapid Transit (MRT) without doubt is Malaysia's largest infrastructure project thus far.
The construction of this mega project is scheduled to start this July with the first line from Sungai Buloh to Kajang, covering some 60km and with 35 stations running up to the city centre.
