The 2020 budget does not repeat the 2019 Petronas special dividend (only the fourth since the company was created in 1974), which supports the government’s position that last year was a one-off measure needed to cover unexpected liabilities that emerged after it took power.
KUALA LUMPUR: Malaysia’s well-diversified export base will help the economy maintain a relatively strong growth despite global trade tensions, Fitch Ratings says.
It said yesterday global trade tensions were weighing on growth, particularly as Malaysia was a small, open economy integrated into Asian supply chains.
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