S&P reaffirms Malaysia’s ratings, outlook stable

Tun Dr Mahathir Mohamad. -Reuterspic

It may raise ratings in next 24 months if strong performance continues

KUALA LUMPUR: S&P Global Ratings has reaffirmed Malaysia’s foreign currency and local currency ratings as “stable”, indicating it may raise the ratings over the next 24 months if the strong economic performance continues.