PETALING JAYA: Nearly 67,000 families have bought houses under the My First Home scheme (SRP) from its 2011 launch up to February, says Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
GEORGE TOWN: CIMB has countersued 12 parties, claiming there they had received "unjust enrichment" due to a processing error that eventually led to their accounts being frozen.
Business summary from April 26 to May 2
Banking
This week alone, Standard Chartered said it would shut down half its branches and slash office space worldwide by a third in order to save costs as global lockdowns have greatly reduced the need for physical branches and offices.
Across the Causeway, OCBC Bank said this week that it would review its current need for office space and could be reducing the number of its branches as well.
In Malaysia, this trend is set to take place soon if it has not already, according to banks as well as industry observers.
Bank Negara Malaysia has appointed Abd. Rahman Abu Bakar as assistant governor effective May 1.