Minimum annual income requirement raised to RM24,000
The minimum annual income requirement for credit card eligibility has been raised to RM24,000 from RM18,000, effective immediately, in a move to keep household debt at manageable levels, Bank Negara announced Friday.
Penang has proposed to raise the minimum price for foreign purchases of landed properties from the current RM500,000 to RM1mil for those on the mainland and RM2mil on the island.