Latest MARC News

MARC lowers its 2008 GDP growth forecast to 5.2%; Revises its estimate of new bond issuances down to RM40 – 45 billion

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 […]

MARC lowers its 2008 GDP growth forecast to 5.2%; Revises its estimate of new bond issuances down to RM40 – 45 billion Read More »

Windfall Profit Levy (Electricity) Order 2008 : Thoroughly thought through?

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

Windfall Profit Levy (Electricity) Order 2008 : Thoroughly thought through? Read More »

Fuel hike : Darkest before dawn? MARC’s special commentary on the recent fuel hike by Nor Zahidi Alias, Chief Economist.

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

Fuel hike : Darkest before dawn? MARC’s special commentary on the recent fuel hike by Nor Zahidi Alias, Chief Economist. Read More »