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PETALING JAYA: Fitch Ratings, after cutting Malaysia’s credit rating outlook to “negative”, sending the stock market and the ringgit reeling, has said it is more likely to downgrade the country’s rating within the next two years on doubts over the Government’s ability to rein in its debt and spending.
Speakeasy - By S. Jayashankaran
Beginning this week, we introduce a new column Speakeasy, a light hearted look at life and business. The author is former journalist S Jayasankaran (Ex-NST, ex-Far Eastern Economic Review and, finally, Singapore’s The Business Times. Readers should be advised to proceed tongue firmly in cheek.
Malaysians are proud that our para athletes have given their best in the 9th Asean Para Games.
THERE has been much debate about the lacklustre performance of Malaysia’s stock market vis-à-vis other regional or North Asian markets. There are many factors that determine a market’s performance and one of the reasons is due to the poor earnings in corporate Malaysia.
Karex Bhd, the world’s largest condom maker, has seen better times.
KUALA LUMPUR: Bursa Malaysia Bhd expects 2020 to be a positive year for the stock market, on the back of stronger private consumption, positive economic growth and the implementation of the government’s various expansionary measures.