Author name: WebMaster

Posted Date: March 17, 2021 MARC’s 16th Annual Corporate Default and Rating Transitions Study tracks the history of corporate ratings assigned by the rating agency since its inception in 1996 through to December 31, 2020. Despite the slump in economic growth due to the COVID-19 pandemic, MARC’s portfolio of corporate bond issuers remained steady in […]

Posted Date: March 05, 2021 Malaysian Rating Corporation Berhad (MARC) is pleased to announce that it has been named as Rating Agency of the Year (Malaysia) for the year 2020. This win marks the third year running that MARC has been honoured with this accolade, which is awarded by Hong Kong-based The Asset magazine. The

Posted Date: February 22, 2021 Malaysian Government Securities (MGS) began the year with heightened volatility. Yields initially swung upwards during the first week of trading. This upward momentum was then tempered by increased uneasiness surrounding domestic political developments. Surging COVID-19 cases that breached the 2,000 level also stoked fears of another round of the Movement

Posted Date: February 5, 2021 The economic recession due to the outbreak of COVID-19 will soon be proven to be the world’s most devastating crisis since the Great Depression. As a small and open economy, Malaysia has not been spared from the brunt of these twin health and economic crises. We forecast that Malaysia will

Posted Date: February 2, 2021 Malaysian Rating Corporation Berhad (MARC) has published its 2020 Lead Managers’ League Tables. Published annually, the league tables rank the lead managers by volume and number of lead-arranged MARC-rated issuances in any given year. MARC’s Lead Managers’ League Tables provide a meaningful measure of domestic bond issuances rated by MARC

Posted Date: January 21, 2021 For the eighth consecutive month, the local bond market continued to see net positive foreign inflows in December. This was despite the Fitch downgrade of Malaysia’s sovereign credit rating against the pandemic backdrop, and a strong indication that investors were buying into November’s dip. With net foreign inflows coming in

Posted Date: January 20, 2021 Bank Negara Malaysia (BNM) left the overnight policy rate (OPR) unchanged at a historical low of 1.75% during its first Monetary Policy Committee (MPC) meeting of 2021. This was a prudent pause, in our view, as the resurgence of COVID-19 cases has triggered another round of the movement control order

Posted Date: January 8, 2021 Despite the rapid development and deployment of vaccines in recent weeks, COVID-19 will continue to force economies to balance a difficult trade-off between managing public health and driving economic growth. We anticipate that governments’ response to the resurgence of the virus will likely challenge earlier forecasts for a V-shaped recovery

Posted Date: January 08, 2021 While 2020 had been a year of many challenges, we expect 2021 to shape out into one that is relatively less “unprecedented”. Growth risks in Malaysia should gradually fade with the general availability of the COVID-19 vaccine though recovery at the sectoral level will likely remain choppy. On the aggregate,