Malaysian Rating Corporation Berhad (MARC) successfully opened the MARC Malaysian Bond & Sukuk Conference 2024 (MMBS 2024) today, themed "Charting the Course for Malaysia's Economy". The virtual conference brings together key industry players, policymakers and thought leaders for insightful discussions on the challenges and opportunities within the bond and sukuk markets.

The conference began with a presentation titled "Economic & Market Outlook: Opportunities Amid Stronger Growth and Monetary Easing" by Dr Ray Choy, Chief Economist at MARC Ratings Berhad. Dr Ray provided an in-depth analysis of Malaysia’s economic prospects, focusing on opportunities arising from stronger economic growth and the recent monetary easing measures.

Dr Ray’s presentation was followed by a panel discussion on "Fiscal Sustainability: Facts and Fictions". Panellists included Nurhisham Hussein, Senior Director of Economics & Finance at the Prime Minister’s Office (PMO); Dr Runchana Pongsaparn, Group Head and Principal Economist at ASEAN+3 Macroeconomic Research Office (AMRO); and Amar C. Ramachandran, Director/Head of Investment at Manulife Insurance Berhad. The discussion explored the realities and myths surrounding fiscal policies and their impact on Malaysia's long-term economic health.

In his welcome address, MARC Group Chief Executive Officer Arshad Mohamed Ismail emphasised, "We are operating in an era of rapid change, where the bond and sukuk markets play a pivotal role in supporting Malaysia's economic growth, enhancing financial stability, and promoting sustainable development. This conference is an opportunity for all of us to share insights and exchange ideas that will not only strengthen the bond and sukuk markets but also contribute to the resilience of Malaysia's economy."

The conference will continue tomorrow with sessions focusing on the rapid expansion of Asia Pacific data centres and the future of large-scale solar energy in Malaysia.