Author name: WebMaster

Posted Date: November 09, 2020 Budget 2021 signifies the country’s first short-term fiscal priorities during a historical pandemic. It sets the tone for the federal government’s budgets in the coming years as we await the unveiling of the 12th Malaysia Plan (12MP) in early 2021. The government faces a difficult trade-off in stimulating demand at

Posted Date: November 05, 2020 Given the importance of preserving lives and livelihoods, as well as stabilising the economy, Budget 2021 will be expansionary. We think the government’s unprecedented fiscal response in 2020 is justified; if not for the swiftness and scale of the response, the outcome from the intertwined public health and economic crisis

Posted Date: October 20, 2020 In September, yields on Malaysian Government Securities (MGS) corrected higher after experiencing record-lows in August. On September 10, MGS yields at the short end of the curve increased the most as Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 1.75% has reduced speculation of further

Posted Date: September 22, 2020   In August, the local bond market saw net positive foreign inflows, albeit at a slower pace, for the fourth consecutive month. Foreign bond holdings rose by RM3.1 billion (July: RM8.3 billion) to RM209.0 billion, which is equivalent to 13.3% (Jul: 13.1%) of total outstanding bonds. Local bonds remained attractive

Posted Date: September 22, 2020 Malaysian Rating Corporation Berhad (MARC) received the Best Islamic Rating Agency Award at the 10th Global Islamic Finance Awards (GIFA) on September 14, 2020. This annual global awards honours the institutions and individuals that have made significant contribution to the development of Islamic banking and finance. The 10th GIFA was

Posted Date : September 17, 2020 Following market consultation, MARC has finalised and released its updated methodology for rating Malaysian state governments. The methodology sets out MARC’s approach to assigning state credit ratings and provides insights into the factors taken into consideration. The methodology substantially updates the rating analytical framework with the introduction of an

Posted Date: September 11, 2020 Malaysian Rating Corporation Berhad (MARC) will launch its MARC 360: PROPERTY RECHARGE 2020 webinar series on September 17, 2020. Officiated by Dato’ IR Soam Heng Choon, President of REHDA Malaysia, the series comprises six weekly webinars that will cover key issues in the domestic property market. UEM Sunrise Berhad is

Posted Date: August 24, 2020 MARC has published for comment an exposure draft which outlines the rating agency’s updated methodology on Rating Malaysian State Governments. The exposure draft substantially updates MARC’s analytical framework with the introduction an adjustment factor to reflect the propensity of extraordinary federal support to avert defaults of state obligations. Given the

Posted Date: August 19, 2020 For the third consecutive month in July, foreign investors continued to be net buyers of Malaysian bonds, raising their holdings by RM7.1 billion to RM206.0 billion. Foreign demand was spurred by the high-yielding appeal of Malaysian bonds amid Bank Negara Malaysia’s recent Overnight Policy Rate cut to a record low