PETALING JAYA: Malaysian Rating Corp Bhd (MARC) expects corporate debt issuance to soften this year due to the economic shock led by the coronavirus (Covid-19) pandemic as business and consumer activity freeze.
In a statement yesterday, chairman Datuk Azizan Abd Rahman said that the Covid-19 pandemic had sharply contracted every economic sector and impacted all social divides.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
