October 2008

MARC forecasts Malaysia’s 2009 GDP growth at 3.5% : Resilient amid global financial dislocation

Posted Date : 20 Oct 2008 MARC views that the ongoing global turbulence roiling the financial markets will likely trigger a global recession in 2009 and accordingly forecasts Malaysia’s GDP growth for next year at 3.5%. The world’s largest economy and Malaysia’s single largest trading partner, the United States (US) is likely to experience its …

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MARC issues special comment on South Korean banking system : Resilience predicated on pro-active regulatory intervention

Posted Date : 17 Oct 2008 MARC is issuing this special comment on the South Korean banking system following the heavy media coverage on the possible heightened vulnerability of its banks to the global credit crisis stemming from their funding structure. The rising USD funding costs and the shortage in USD funding supply pose immediate …

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