Author name: WebMaster

Posted Date: February 13, 2020 Local bonds started 2020 on good footing as foreign investors continued to be net buyers for the third month in a row in January. Local bonds posted net foreign inflows of RM3.6 billion (December: RM8.1 billion). This brought the total foreign holdings of local bonds to RM208.2 billion (December: RM204.7 […]

Posted Date: February 13, 2020 The Malaysian economy grew by an inflation-adjusted 4.3% in 2019. According to Bank Negara Malaysia (BNM) which released the figures yesterday, growth in 4Q2019 slipped to 3.6% from 4.4% in the preceding quarter, its slowest quarterly growth since 2009. The weaker growth was partly attributed to a slowdown in the

Posted Date: February 7, 2020 The prospects for the global economy look increasingly uncertain with the outbreak of the novel coronavirus (2019-nCoV) in China. This is not surprising given that the Chinese economy accounts for an estimated one-third of global growth. Compared to the severe acute respiratory syndrome (SARS) outbreak period in 2003, China’s gross

Posted Date: January 23, 2020 Yields on local govvies ended 2019 significantly lower compared to the preceding year with Malaysian Government Securities (MGS) taking the lead. The decline in yields was mainly driven by easing monetary policies adopted by global central banks against the backdrop of a sluggish global economic outlook. In addition, Bank Negara

Posted Date: January 14, 2020 The local bond market ended 2019 on a positive footing compared to the preceding year with MGS yields falling to multi-year lows while foreign holdings of local bonds climbed to the highest level since 2012. The significant decline in US-China trade tensions was the main stimulant for the local bond

Posted Date: January 07, 2020 MARC is of the view that Malaysia’s real gross domestic product (GDP) growth will decelerate to 4.3% in 2020, below the government forecast of 4.8% due to weaker external trade performance and softer domestic demand growth. Although trade diversion arising from trade tensions between the US and China could marginally

Posted Date: December 23, 2019 The share of issuances of unrated corporate bonds as a percentage of total gross corporate bond issuances continues to rise. Should we be concerned? In 2019, total gross corporate bond issuances came in strong in the first 11 months. Up 22.1% year-on-year to RM119.8 billion, it was the highest YTD

Posted Date: November 29, 2019 Capital market stakeholders gathered over the past two days at the Malaysian Bond & Sukuk Conference 2019 which was co-organised by Malaysian Rating Corporation Berhad (MARC) and Amanie Group (Amanie). The event was officiated by Dato’ Wira Haji Amiruddin Haji Hamzah, Deputy Finance Minister, Ministry of Finance Malaysia. The conference,

Posted Date: November 29, 2019 Malaysian Rating Corporation Berhad (MARC) has appointed Datuk Jamaludin Nasir as the organisation’s new Chief Executive Officer (CEO) effective December 1, 2019. Datuk Jamaludin has over 27 years of experience in origination, credit and management in the commercial, corporate and investment banking sectors. He has assumed various leadership roles over

Posted Date: November 15, 2019 The upcoming Malaysian Bond & Sukuk Conference 2019, which will be held on November 28-29, 2019 at Securities Commission Malaysia will feature five key sessions and four special presentations, covering the latest developments and innovations in the sukuk and bond markets. The event will focus on sustainability and its challenges