KUALA LUMPUR, Oct 16 — Malaysia’s sovereign rating is likely to be status quo for at least the next three to six months, said Maybank Investment Bank (Maybank IB). The...
Malaysia’s sovereign rating is likely to be status quo for at least the next three to six months, said Maybank Investment Bank . — Picture by Yusof Mat IsaKUALA LUMPUR, Oct 16 — Malaysia’s sovereign rating is likely to be status quo for at least the next three to six months, said Maybank Investment Bank .
It said all three agencies have a stable outlook on Malaysia during the last rating updates in February-June 2023 and both the positive and negative rating triggers were little changed. “Unless one or more of the rating agencies decide to upgrade the institutional strength of Malaysia which can be very subjective, or tangible progresses are made toward achieving some of the targets set under the Madani Economy framework on, for instance, competitiveness, growth and governance.
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