Author name: WebMaster

MARC Malaysian Bond and Sukuk 2022 virtual conference kicks off

Posted Date: July 28, 2022 The MARC Malaysian Bond and Sukuk 2022 (MMBS 2022) virtual conference opened yesterday morning and is being held over two half-days on July 27-28, 2022. Held annually, the conference is aimed at fostering dialogue among financial market professionals on developments in the bond and sukuk market amid the post-pandemic era. […]

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MARC Malaysian Bond and Sukuk Virtual Conference returns to share debt capital market insights post-pandemic

Posted Date: July 25, 2022 MARC will be hosting its annual MARC MALAYSIAN BOND AND SUKUK 2022 VIRTUAL CONFERENCE (MMBS 2022) over two half-days on July 27-28, 2022, where the keynote address will be delivered by Securities Commission Malaysia’s Executive Chairman, Yang Berbahagia Dato’ Seri Dr Awang Adek Hj Hussin. The conference will act as

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Table 1 Summary of Malaysias main economic indicators

2H2022 Macro Update: One step forward, two steps back

Posted Date: July 14, 2022 Growth headwinds abound in 2H2022. The US Federal Reserve’s aggressive rate hikes, the Russia-Ukraine military conflict in Europe, and China’s zero-Covid strategy have sent shockwaves globally. Southeast Asian economies appear to rebound strongly in 2022, but the rising food and energy prices may not sit well from the socio-economic perspective.

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BNM’s hawkish pivot a defence against significant foreign outflows, more rate hikes in 2H2022

Posted Date: June 23, 2022 Foreign flows into the local bond market returned to positive territory in May amid foreign investors’ flight-to-safety demand and Bank Negara Malaysia’s (BNM) hawkish pivot. Nevertheless, the magnitude was only a meagre RM531 million, which did not completely offset the relative net foreign outflows of RM2.2 billion in April. Total

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Foreign outflows resume in April for the second consecutive month as global bond rout intensifies

Posted Date: May 26, 2022 April saw the local bond market record net foreign outflow for the second consecutive month, albeit at a smaller magnitude of RM2.2 billion compared with RM4.0 billion in the previous month amid the global bond rout as the market braced for aggressive interest rate hikes by the US Federal Reserve

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Foreign investors turned net sellers in March amid a hawkish chorus to tame red-hot inflation

Posted Date: April 22, 2022 After recording net foreign inflows in the first two months of 2022, the local bond market experienced massive net foreign outflows of RM4.0 billion in March (Feb: +RM3.1 billion) amid a hawkish chorus by the US Federal Reserve (Fed) in quelling red-hot inflation. The local government bond market suffered sell-offs

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BNM Annual Report 2021: Stronger recovery amid economic scarring and downside risks

Posted Date: April 7, 2022 Our view on the outlook of the Malaysian economy is generally consistent with those presented by Bank Negara Malaysia (BNM) in its Economic and Monetary Review 2021. BNM anticipates a stronger recovery in 2022, with real GDP growth ranging between 5.3% – 6.3% (versus MARC Ratings’ forecast of 5.7%). While

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