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MANILA, Aug 17 (Philippine Inquirer/ANN) - The central bank has approved a large batch of foreign loans meant to help fund the government’s fight against the coronavirus pandemic, but the regulator was quick to point out that the country’s debt profile remains favorable despite the borrowing spree.
Standard and Poor's Global Ratings has affirmed China's rating at 'a+/a-1'; outlook stable.
KUALA LUMPUR: The affirmation of Malaysia’s credit rating by Standard and Poor’s (S&P) last week demonstrates its confidence in Malaysia’s positive economic outlook, strong institutional profile, sound economic fundamentals and prudent debt management.
KUALA LUMPUR (Bernama): The affirmation of Malaysia's credit rating by Standard and Poor's (S&P) last week demonstrates its confidence in Malaysia’s positive economic outlook, strong institutional profile, sound economic fundamentals and prudent debt management, says the Finance Minister.
KUCHING: Sarawak's budget does not depend on its reserves as it has steady revenue sources, says Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan, disputing Finance Minister Lim Guan Eng's prediction that the state could go bankrupt in three years.
SIBU: The Sarawak Finance and Economic Planning Ministry has claimed that the statement made by Finance Minister Lim Guan Eng that the state will go bankrupt in three years if it continues to be ruled by Gabungan Parti Sarawak (GPS) as totally misleading and politically motivated.
KUALA LUMPUR: BIMB Investment Management Bhd aims to hit RM150mil within a year for its newly launched BIMB ESG Sukuk Fund, the world’s first environmental, social and governance (ESG) sukuk fund.