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Background of the new policy
According to Bank Negara Malaysia (BNM)'s latest guidelines, the maximum period for the cash withdrawal portion of a refinancing loan has been shortened to 10 years. This measure is aimed at controlling household debt and curbing speculative activity in the real estate market [[❞]] (https://loanstreet.com.my/learning-centre/10-year-limit-on-mortgage-refinancing-cashout) [[❞]] ( https://www.iproperty.com.my/guides/bank-negara-malaysia-s-lending-policies-how-do-they-affect-you-4793). Previously, homeowners could refinance a property with a loan term of up to 35 years, but the new policy requires any cash withdrawal to be repaid within 10 years, thereby increasing the monthly repayment amount and further increasing the financial burden on borrowers [[❞]] (https://loanstreet.com.my/learning-centre/10-year-limit-on-mortgage-refinancing-cashout) [❞] ( https://ringgitplus.com/en/bl...
According to Bank Negara Malaysia (BNM)'s latest guidelines, the maximum period for the cash withdrawal portion of a refinancing loan has been shortened to 10 years. This measure is aimed at controlling household debt and curbing speculative activity in the real estate market [[❞]] (https://loanstreet.com.my/learning-centre/10-year-limit-on-mortgage-refinancing-cashout) [[❞]] ( https://www.iproperty.com.my/guides/bank-negara-malaysia-s-lending-policies-how-do-they-affect-you-4793). Previously, homeowners could refinance a property with a loan term of up to 35 years, but the new policy requires any cash withdrawal to be repaid within 10 years, thereby increasing the monthly repayment amount and further increasing the financial burden on borrowers [[❞]] (https://loanstreet.com.my/learning-centre/10-year-limit-on-mortgage-refinancing-cashout) [❞] ( https://ringgitplus.com/en/bl...
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$NVIDIA(NVDA.US$'s market capitalization reached $3.01 trillion, surpassing $Apple(AAPL.US$'s $3 trillion and making it the second-largest publicly traded company in the US, just behind $Microsoft(MSFT.US$'s $3.15 trillion.
On Wednesday, Nvidia shares rose 5.2% to $1,224.4, while Apple's shares increased 0.8% to $196, helping both the $S&P 500 Index(.SPX.US$ and $NASDAQ 100 Index(.NDX.US$ reach new record ...
On Wednesday, Nvidia shares rose 5.2% to $1,224.4, while Apple's shares increased 0.8% to $196, helping both the $S&P 500 Index(.SPX.US$ and $NASDAQ 100 Index(.NDX.US$ reach new record ...
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The Energy Commission expects to implement the “Corporate Green Power Plan” (Corporate Green Power Plan “CGPP”) for commercial operations in 2025, with the aim of promoting green energy. Under the CGPP program, eligible “corporate” consumers can sign an agreement with solar power producers called the “Enterprise Green Electricity Agreement” to virtually sell and purchase solar energy.Applications for the CGPP began on May 9, 2023 until December 31, 2023, or until the total distribution quota of 800 megawatts is fully subscribed(There is currently 236.58 MW of quota left). Up to now, 71 applications have been received, and the list includes successfully approved solar power producers, who must also apply from a single buyer to participate in the NEDA program within 3 months from today. Failure to participate in the NEDA program within the specified time period may result in the invalidity of this application.
*NEDA = New Enhanced Dispatch Solutions, this agreement allows these solar power producers to sell energy to a single buyer as commercial power producers.
*NEDA = New Enhanced Dispatch Solutions, this agreement allows these solar power producers to sell energy to a single buyer as commercial power producers.
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