Sound fundamental to help M’sia face rising rates

PETALING JAYA: Malaysia’s sound macro fundamentals, such as its current account surplus and low inflation, will help weather potential fallouts arising from increasing interest rates in the United States, according to HSBC Global Asset Management.

In its fourth quarter 2014 investment outlook report, it noted that the country’s fuel subsidy reform and the implementation of the goods and services tax next April were positive policies to the economy.