KUALA LUMPUR, July 16 — The ringgit ended easier against the United States (US) dollar on the second trading day of the week as the market closely watched the development of US politics and, ultimately, the direction of US rate cuts and US tariffs on China.
KUALA LUMPUR, March 1 — Moody’s Investors Service has maintained a stable outlook on 13 Asia-Pacific (APAC) banking systems, including Malaysia.
KUALA LUMPUR, Jan 19 — Moody’s Investors Service has projected that the average real gross domestic product (GDP) growth rate for G-20 emerging markets (EM) economies would decline to 3.1 per cent this year, the lowest in more than a decade, from 3.2 per cent in 2022.
KUALA LUMPUR, Jan 11 — The outlook for the Asia-Pacific (Apac) banking sector is stable, underpinned by relatively stable economic conditions, high loss buffers and improving profitability, said Moody’s Investors Service.
KUALA LUMPUR, Oct 5 — Malaysia’s Islamic banking industry is expected to grow between 10 and 12 per cent this year and eight and 10 per cent next year driven by the retail segment, Moody’s Investors Service said.
KUALA LUMPUR, Sept 8 — Data and broadband consumption in the Asia-Pacific (Apac) will thrive, while further consolidation will temper competition over the next few years, propelling revenue at an annual rate of between 4.0 per cent and 4.5 per cent through 2023, according to Moody's Investors Service.
KUALA LUMPUR, June 30 — The transition to a low-carbon economy presents new risks and opportunities for financial institutions as a result of regulatory developments, technological advancements, and shifting market preferences, said Moody’s Investors Service.
KUALA LUMPUR, April 6 — Malaysia's economy is likely to grow 6.0 per cent this year, driven by the reopening of international borders, high vaccination rates, and as the country enters the transition to the endemic phase.
KUALA LUMPUR, June 3 — Moody's Investors Service has maintained its credit rating for Malaysia at A3 stable, with a stable outlook, as it does not expect the Covid-19 pandemic to have a sustained negative impact on Malaysia’s economic model.
KUALA LUMPUR, Feb 24 — Global economic activity is likely to remain unbalanced this year due to the Covid-19 pandemic and its various impact which casted a shadow over health systems and economies, said Moody's Investors Service (Moody’s).
KUALA LUMPUR, Feb 1 — The December trade report provides some optimism for a manufacturing-led rebound in 2021, even as Malaysia continues to battle a second wave of the virus, Moody’s Investors Service said.
KUALA LUMPUR, Jan 15 — The Asian Liquidity Stress Indicator (ALSI) decreased slightly to 32.6 per cent in December from 33.6 per cent in November, but remains well above the long-term average, Moody’s Investors Service said.
KUALA LUMPUR, Nov 7 — Budget 2021 recognises the need for continuous support to lives and livelihoods during a period when Malaysians, especially those in the bottom 40 per cent of the household income (B40) group who are under enormous stress caused by the Covid-19 pandemic.
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