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Stats Dept: Malaysia's Gross Fixed Capital Formation declines marginally to RM278.7b in 2021

KUALA LUMPUR, July 25 Malaysia’s Gross Fixed Capital Formation (GFCF), the second largest component of gross domestic product (GDP) with a 20.1 per cent share to the total. ....

Kuala Lumpur , Mohd Uzir , Mohd Uzir Mahidin , Department Of Statistics Malaysia , Gross Fixed Capital Formation , Statistics Malaysia , Datuk Seri Mohd Uzir Mahidin , Malaysia S , Rm278 7b ,

Fixed-rate 'cliff' to impact consumer spending - Mortgage Business

Following predictions of a 2023 borrower migration to variable rates, an AMP Capital analysis suggests this trend could erode consumer spending growth. According to the latest Econosights, last yea ....

David Bailey , Sam Nichols , Philip Lowe , National Housing , Investment Corporation , National Housing Finance , Reserve Bank ,

Fixed v variable: Which is better in a rising rate environment?

With the Reserve Bank of Australia (RBA) anticipated to continue its monetary policy tightening well into 2023 even after a 50 bps rate hike today (July 5), should a homebuyer lock in a fixed rate or go for a variable one for their home loan?
According to the managing director of the Finance Brokers Association of Australia (FBAA) Peter White AM, the answer to this crucial question is not the same for each person. 
The lending expert said that the right option will mainly depend on the individual circumstances of the borrower.
But Mr White offered specific scenarios where each option would offer more value to a homebuyer. 
“For someone intending to live in their home for the next few years and make no significant changes to their lives, a fixed rate is a good option if they can secure one at a good rate now,” he stated. 
He added that home buyers that could secure a fixed interest rate that begins with three per cent should consider it a good option, with rat ....

Ratecity Sally Tindall , Brokers Association Of Australia , Reserve Bank , Finance Brokers Association , Peter White ,

'A continuous hazard' on a road in Evans to be fixed in coming weeks

The sound of Fourth of July fireworks celebrations is no match for the sound of cars trying to make it down South Creek Road in the Town of Evans. ....

Ray Winkowski , Erie County Water Authority , South Creek Road , Hamburg District , 7 Problem Solvers , Problem Solvers ,