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KUALA LUMPUR (Bernama) -- While S&P Global Ratings has lowered its outlook on Malaysia, the government believes that its proactive response to the crisis due to COVID-19 is both timely and appropriate, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
Rebound to be supported by fiscal and monetary stimulus
KUALA LUMPUR: CIMB Group Holdings Bhd expects the outbreak of the novel coronavirus (Covid-19) to have limited impact on its assets.
KUALA LUMPUR: CGS-CIMB Research expects Gas Malaysia Bhd’s earnings to remain stable as the additional shipper margin could offset the lower regulated earnings in the regulatory period 1 (RP1).
KUALA LUMPUR: CGS-CIMB Research expects Gas Malaysia’s earnings to remain stable as the additional shipper margin could offset the lower regulated earnings in the regulatory period 1 (RP1,2020 to 2022).
KUALA LUMPUR: The Pakatan Harapan (PH) government has sent a very clear message to local and global investors that it will continue to maintain macroeconomic stability to drive the economy forward, said IQI Global chief economist Shan Saeed.
SINGAPORE: Singapore’s central bank is reviewing its 1.5%-2.5% economic growth forecast for this year and isn’t ruling out off-cycle monetary easing as the US-China trade war roils the export-dependent economy, its chief Ravi Menon said.
TOKYO: Japan's economic growth unexpectedly accelerated in January- March, driven by net contributions from exports and defying forecasts for a contraction in the world's third-largest economy.
KUALA LUMPUR: Malaysia’s economy performed above expectations in the first quarter of 2019 (1Q19) and the country’s foreign investments staged a strong improvement, amid elevated external challenges. However, despite these positive developments, more warnings signs on the economy have begun to crop up.
HONG KONG: From pork in China to iron ore in Brazil, inflation is flickering in parts of the global economy.