December 2013

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 […]

Posted Date : 12 Sep 2008 This comment follows the Malaysian government’s announcement on the scrapping of the windfall profit levy imposed on independent power producers (IPPs) with immediate effect. Instead, the IPPs will make a one-off payment to the government equivalent to a year’s windfall levy payment. This move vindicates our belief that sound

Posted Date : 29 Jul 2008 MARC is pleased to announce its Inaugural issue of MARC Investor Guide (MIG). MIG is a quarterly publication and it compiles valuable hands-on information such as in-house economic and fixed income research articles, rating activities and studies as well as the lead managers list as hands-on information to the

Posted Date : 17 Jul 2008 MARC foresees a moderation in Malaysia’s GDP growth in the 2H2008 as the domestic economy adjusts to the decelerating global economic activity and the recent larger-than-expected fuel hike. Growth trajectory in the 2H2008 will largely hinge on the speed and magnitude of this adjustment. Inflation is expected to be

Posted Date : 09 Jul 2008 MARC expects the outcome of the Windfall Profit Levy (Electricity) Order 2008 would be, reduced project returns and lowered debt servicing ability on the part of affected independent power producers (IPPs), if implemented. The impact will be uneven across different classes of IPP project debts. Holders of subordinated debt

Posted Date : 10 Jun 2008 The year 2008 had started out as rather picture perfect despite slowing global growth and turbulence in international markets. Indicators such as retail sales growth, auto sales, home sales and consumer credit growth exhibited strength, and the economy showed good momentum. As the second half of 2008 commences, MARC

Posted Date : 06 Jun 2008 The government unveiled a new subsidy scheme structure in view of the increasing burden it will have to shoulder following a significant jump in the global crude oil prices. DownloadsFuel Hike : Darkest Before Dawn

Posted Date : 29 May 2008 Malaysian Rating Corporation Berhad (MARC), in conjunction with its 12th Annual General Meeting, announced an impressive 37% growth in pre-tax profit to RM11.76 million for the financial year ended 31 December 2007 from RM8.61 million in FY2006. The improved performance of MARC was fuelled by the brisk debt capital

Posted Date : 18 Feb 2008 Based on published credit ratings in the domestic bond market, new bond issues with a total value of RM116.05 billion were rated in for 2007. MARC’s published ratings account for RM82.15 billion of the RM116.05 billion in value terms, comprising RM64.95 billion dual-rated new bond programmes and RM17.20 billion

Posted Date : 14 Jan 2008 Malaysian Rating Corporation Berhad (“MARC”) has launched its new corporate logo on 8 January 2008. The new brand identity was officially launched by Y. Bhg. Dato’ Zarinah Anwar, the Chairman of the Securities Commission, in conjunction with MARC’s Annual Cocktail held at Hilton Hotel Kuala Lumpur. MARC’s new brand