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MARC views stimulus package as critical buffer against sharp slowdown in Malaysian economy
Posted Date : 11 Mar 2009 The second stimulus package unveiled by the Deputy Prime Minister, Datuk Seri Najib, is a bold effort by the government to boost domestic growth in the wake of rapidly deteriorating global economic conditions. Malaysian Rating Corporation Berhad (MARC) views the RM60 billion stimulus package, which represents 9% of Malaysia’s …
As reality bites, MARC lowers its 2009 forecast for Malaysian GDP to 2.5%
Posted Date : 02 Jan 2009 MARC has revised its forecast of Malaysia’s GDP growth for 2009 to 2.5% from its October’s projection of 3.5% as a result of the continuing uncertain outlook for the global macro economy combined with moderating consumer demand which would dampen domestic economic growth prospects. As shockwaves from the global …
As reality bites, MARC lowers its 2009 forecast for Malaysian GDP to 2.5% Read More »