Tag: fitch ratings malaysia
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Malaysia by Moody’s, Standard & Poors Global and Fitch. Enough lah.
There has been occasions when Malaysian friends overseas asked me this question. “Is the Malaysian economy okay?” Actually, the actual sentence was a far more negative one but let’s leave it at that. If they are close friends, I would usually give them a typical half and hour of my time and answer their questions…
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Irresponsible and unethical and ‘just forward’
I received a few WhatsApp messages stating that Malaysia’s sovereign rating has been downgraded days ago. Later another friend informed me that she has also received a similar message. The whole message was about how Malaysia’s sovereign rating has been downgraded, thus the exchange rate is going from worse to worst and every other negative news.…
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Still ‘A’ long-term ratings for Malaysia
It was considered a huge success when Malaysia managed to raise US$1.5 billion sukuk two days ago. Wait a minute, what is sukuk? Well this is definition of sukuk, ‘Sukuk commonly refers to the Islamic equivalent of bonds. However, as opposed to conventional bonds, which merely confer ownership of a debt, Sukuk grants the investor…
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A- rating down soon, Not Yet, but soon.
Fitch Ratings said that Malaysia is weakened by the downtrend in international reserves which have declined by 12 percent (US$16 billion) between August and December 2014. In other words, the outflow is far greater than the inflow of funds into Malaysia. We can see this in the weakening Ringgit as well as the dropping Bursa.…
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Malaysia and Mongolia, same rating. 🙂
After slightly over 6 months of a reaffirmation of A- rating, Fitch Ratings has now given Malaysia a Negative Outlook. It said that out of the 10 Emerging Asian sovereigns, two is under Negative while the rest are all on stable outlook. Yes, the two include Malaysia and Mongolia. The two major reasons include erosion…