PETALING JAYA: The latest warning by one of the Big Three rating agencies on Asia’s weakening credit conditions has also brought Malaysia under the microscope, particularly the country’s corporate debt default risk.
In a report, Moody’s Investors Service has warned that credit conditions in Asia would turn negative in 2020 as the region’s economic slowdown could turn out to be more than just a temporary blip.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!