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KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) is enjoying a twin boost as commodity prices rally and Islamic bond costs fall just as it considers borrowing.
KUALA LUMPUR: Ringgit strengthened the most in more than a week as Brent crude rallied overnight to above US$50 a barrel, brightening the outlook for Malaysia, which is Asia’s only major net oil exporter.
The Securities Commission (SC) will unveil two new measures aimed at enhancing the credibility and transparency in the domestic bond market, Second Finance Minister Tan Sri Nor Mohamed Yakcop said.
PETALING JAYA: The bond market for the second half of the year is expected to remain buoyant with analysts forecasting total issuances of between RM50bil and RM60bil for the year. Bond issuance in the first half amounted to RM21bil.