More positive rating actions likely for this year, says RAM

RAM Ratings said corporate bond issuance is expected to stay healthy with a pipeline of RM110bil to RM120bil this year.

PETALING JAYA: Malaysia registered more positive rating actions in the 2023 portfolio and is expected to remain the same in 2024.

In its latest Corporate Default and Rating Transition Study, RAM Rating Services Bhd (RAM Ratings) said corporate bond issuance is expected to stay healthy with a pipeline of RM110bil to RM120bil this year as the global economy, trade and domestic consumption are firming up.