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Celebrating M'sian leadership
Celebrating M'sian leadership

The Star

time3 days ago

  • Business
  • The Star

Celebrating M'sian leadership

Icons of change: (From left) Yasmin, Idris and Chia are honoured for outstanding contributions in their fields. SUCCESSFUL leaders often bring inspiration that cultivates a sense of purpose in the young. At a recent graduation ceremony held by Heriot-Watt University Malaysia (HWUM) for its 2025 graduating class, three distinguished Malaysian leaders were conferred the Honorary Degree of Doctor of the University. Datuk Seri Idris Jala, chairman of Pemandu Associates, was honoured for his visionary leadership in driving Malaysia's socio-economic reforms and for pioneering the Big Fast Results (BFR) approach to national transformation. Datuk Yvonne Chia, the independent non-executive chairman of Standard Chartered Bank Malaysia, was honoured for her extraordinary contributions to Malaysia's financial sector and beyond. Datuk Yasmin Mahmood, a leading digital strategist and former chief executive officer (CEO) of the Malaysia Digital Economy Corporation, was honoured for her exceptional leadership in shaping Malaysia's digital economy and for her pivotal role in advancing digital transformation in both Malaysia and the wider Asean region. These individuals continue to shape the future of business, governance and digital innovation in the country and beyond, according to a press release. HWUM provost and CEO Prof Mushtak Al-Atabi said the honorary graduates' remarkable achievements serve as a powerful source of inspiration. 'Their leadership exemplifies the very principles that guide our university: empowering individuals to lead with purpose, drive societal progress, and shape the future,' he said. He also congratulated the graduating students from multiple disciplines who received their degrees from the university's pro-chancellor, Datuk (Dr) Nicol Ann David, at the ceremony held in a hotel in Putrajaya on July 14. 'We are committed to nurturing purpose-driven leaders who are not only academically accomplished but also driven to create lasting, meaningful impact in business, technology and society, both in Malaysia and beyond. 'As we celebrate the success of our graduates, we are reminded of the transformative power of education and the impact our alumni will have across these sectors,' Prof Mushtak said. Addressing the students, Nicol said education is the bedrock of shared understanding and sustainable progress. 'It equips us with the tools to create a future where knowledge and collaboration allow us to overcome any obstacle. 'Today, we celebrate your extraordinary achievements, and I eagerly anticipate the incredible contributions you will make in the years to come,' she said.

CIMB, Bank Muamalat to cut lending and deposit rates by 25 basis points from July 14
CIMB, Bank Muamalat to cut lending and deposit rates by 25 basis points from July 14

The Star

time10-07-2025

  • Business
  • The Star

CIMB, Bank Muamalat to cut lending and deposit rates by 25 basis points from July 14

KUALA LUMPUR: CIMB Bank Bhd and CIMB Islamic Bank Bhd will reduce their lending and deposit rates by 25 basis points effective July 14. The bank said that its standardised base rate (SBR) as well as its fixed deposit and fixed return income account-i board rates will be reduced by 25 basis points. Similarly, all financing facilities based on base lending rate (BLR) and base financing rate (BFR) will be reduced by 0.25%. All rate changes will take effect on July 14. Meanwhile, Bank Muamalat Malaysia Bhd will also revise its SBR, base rate (BR), and base financing rate (BFR) by 25 basis points to 2.75% per annum, 3.56% per annum, and 6.56% per annum respectively. The revised rates will take effect on July 14 and will apply to all floating-rate financing packages linked to the SBR, BR, and BFR. In line with the decrease in SBR, BR and BFR, Bank Muamalat's fixed term account-i (FTA-i) deposit rates will also be revised accordingly.

Bank Muamalat cuts base rates after OPR reduction
Bank Muamalat cuts base rates after OPR reduction

New Straits Times

time10-07-2025

  • Business
  • New Straits Times

Bank Muamalat cuts base rates after OPR reduction

KUALA LUMPUR: Bank Muamalat Malaysia Bhd has adjusted its base rates following Bank Negara Malaysia's move to lower the overnight policy rate (OPR). Effective July 14, 2025, the bank will reduce its Standardised Base Rate (SBR) from 3.00 per cent to 2.75 per cent, its Base Rate (BR) from 3.81 per cent to 3.56 per cent, and its Base Financing Rate (BFR) from 6.81 per cent to 6.56 per cent. "This will affect all floating-rate financing packages pegged to the SBR, BR and BFR. "In line with the decrease in SBR, BR and BFR, Bank Muamalat's FTA-i deposit rates will also be revised accordingly," the bank said. Bank Muamalat president and chief executive officer Khairul Kamarudin said the rate adjustment aligns with Bank Negara's recent decision to lower the OPR to 2.75 per cent. He added that the revision supports the bank's ongoing efforts to promote economic growth while fulfilling the expectations of its stakeholders.

Walker & Dunlop's Built-For-Rent Report Highlights Accelerated Growth
Walker & Dunlop's Built-For-Rent Report Highlights Accelerated Growth

Business Wire

time11-06-2025

  • Business
  • Business Wire

Walker & Dunlop's Built-For-Rent Report Highlights Accelerated Growth

BETHESDA, Md.--(BUSINESS WIRE)-- Walker & Dunlop, Inc. released its 2025 Built-For-Rent (BFR) report, that offers comprehensive market trends and analysis on the rapid expansion of this housing sector. As a leader in this space, Walker & Dunlop has facilitated over $3.4 billion in BFR financing and investment sales, providing expert guidance to developers and investors navigating this dynamic asset class. 'BFR has emerged as a fast-growing and highly strategic segment within multifamily real estate,' said Walker Harris, senior vice president and co-head of Multifamily at Walker & Dunlop. 'Fueled by evolving renter preferences, constrained for-sale inventory, and widening affordability challenges in homeownership, BFR presents renters with a unique option: purpose-built single-family homes combined with the flexibility of renting.' The report explores the current BFR market, the advantages and challenges of BFR investment, and the ways in which Walker & Dunlop facilitates strategic investment in the BFR space. Why BFR Demand Is Accelerating: A Shifting Renter Profile: Renters choose BFR for lifestyle and flexibility, enjoying home-like features without mortgage commitments. Supply-Demand Imbalance: Rental housing demand exceeds supply as population growth outpaces new single-family home construction. Affordability Gap Widens: Rising homeownership costs make buying less affordable, increasing interest in BFR communities. Rent vs. Own: A Compelling Cost Comparison: BFR renting often costs significantly less than owning a comparable home, offering notable savings. For owners and investors, BFR offers institutional-grade stability by combining single-family home appeal with multifamily management, leading to stable cash flow and higher occupancy rates around 96%. Its diverse product types—detached homes, townhomes, and horizontal apartments—allow tailored investment strategies, with single-family detached homes often commanding the highest prices for closely mimicking traditional homeownership. 'At Walker & Dunlop, we provide comprehensive capital solutions tailored to every stage of the Built-For-Rent lifecycle, from development and acquisition to investment,' said Keaton Merrell, managing director of Capital Markets at Walker & Dunlop. 'As the #1 Fannie Mae DUS® lender in 2024, we offer clients access to scalable, attractive financing alongside a broad range of debt and equity options. Our deep market expertise and expansive network enable us to deliver customized advisory services that help clients mitigate risk and accelerate execution. We are proud to be a trusted partner driving growth and stability in this dynamic sector.' For insights on BFR and to explore key trends shaping the market, download Walker & Dunlop's 2025 Built-For-Rent report here. About Walker & Dunlop Walker & Dunlop (NYSE: WD) is one of the largest commercial real estate finance and advisory services firms in the United States and internationally. Our ideas and capital create communities where people live, work, shop, and play. Our innovative people, breadth of our brand, and our technological capabilities make us one of the most insightful and client-focused firms in the commercial real estate industry.

Walker & Dunlop's Built-For-Rent Report Highlights Accelerated Growth
Walker & Dunlop's Built-For-Rent Report Highlights Accelerated Growth

Yahoo

time11-06-2025

  • Business
  • Yahoo

Walker & Dunlop's Built-For-Rent Report Highlights Accelerated Growth

BETHESDA, Md., June 11, 2025--(BUSINESS WIRE)--Walker & Dunlop, Inc. released its 2025 Built-For-Rent (BFR) report, that offers comprehensive market trends and analysis on the rapid expansion of this housing sector. As a leader in this space, Walker & Dunlop has facilitated over $3.4 billion in BFR financing and investment sales, providing expert guidance to developers and investors navigating this dynamic asset class. "BFR has emerged as a fast-growing and highly strategic segment within multifamily real estate," said Walker Harris, senior vice president and co-head of Multifamily at Walker & Dunlop. "Fueled by evolving renter preferences, constrained for-sale inventory, and widening affordability challenges in homeownership, BFR presents renters with a unique option: purpose-built single-family homes combined with the flexibility of renting." The report explores the current BFR market, the advantages and challenges of BFR investment, and the ways in which Walker & Dunlop facilitates strategic investment in the BFR space. Why BFR Demand Is Accelerating: A Shifting Renter Profile: Renters choose BFR for lifestyle and flexibility, enjoying home-like features without mortgage commitments. Supply-Demand Imbalance: Rental housing demand exceeds supply as population growth outpaces new single-family home construction. Affordability Gap Widens: Rising homeownership costs make buying less affordable, increasing interest in BFR communities. Rent vs. Own: A Compelling Cost Comparison: BFR renting often costs significantly less than owning a comparable home, offering notable savings. For owners and investors, BFR offers institutional-grade stability by combining single-family home appeal with multifamily management, leading to stable cash flow and higher occupancy rates around 96%. Its diverse product types—detached homes, townhomes, and horizontal apartments—allow tailored investment strategies, with single-family detached homes often commanding the highest prices for closely mimicking traditional homeownership. "At Walker & Dunlop, we provide comprehensive capital solutions tailored to every stage of the Built-For-Rent lifecycle, from development and acquisition to investment," said Keaton Merrell, managing director of Capital Markets at Walker & Dunlop. "As the #1 Fannie Mae DUS® lender in 2024, we offer clients access to scalable, attractive financing alongside a broad range of debt and equity options. Our deep market expertise and expansive network enable us to deliver customized advisory services that help clients mitigate risk and accelerate execution. We are proud to be a trusted partner driving growth and stability in this dynamic sector." For insights on BFR and to explore key trends shaping the market, download Walker & Dunlop's 2025 Built-For-Rent report here. About Walker & Dunlop Walker & Dunlop (NYSE: WD) is one of the largest commercial real estate finance and advisory services firms in the United States and internationally. Our ideas and capital create communities where people live, work, shop, and play. Our innovative people, breadth of our brand, and our technological capabilities make us one of the most insightful and client-focused firms in the commercial real estate industry. View source version on Contacts Investors:Kelsey DuffeyInvestor RelationsPhone 301.202.3207investorrelations@ Media: Nina H. von WaldeggVP, Public RelationsPhone 301.564.3291nhvwaldegg@ Phone 301.215.5500 7272 Wisconsin Avenue, Suite 1300Bethesda, Maryland 20814 Sign in to access your portfolio

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