◉ HEADLINES

Moody’s Ratings

Malaysia among most resilient emerging markets amid global financial shocks: Moody’s

Strong policy framework and stable market conditions help Malaysia absorb shocks, though long-term resilience depends on continued fiscal reforms

Ringgit strengthens against US dollar opening following Moody’s US credit downgrade

At 8.03 am, the local note appreciated to 4.2850/3140 versus the greenback from last Friday’s close of 4.2900/2980

Moody’s affirms Malaysia’s ‘A3’ credit rating with stable outlook

Malaysia will also be fastest growing A-rated economy over the next two years

Malaysia’s real GDP to reach 4.5% in 2024 on resilient domestic demand: Moody’s Ratings

Credit ratings agency Moody’s Ratings expects Malaysia's real gross domestic product growth to improve to 4.5% in 2024 from 3.7% in 2023.

◉ Popular

Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

‘Very hurtful’: Chief justice exposes legal failures driven by distorted Islamic views

Tun Tengku Maimun Tuan Mat laments misinterpretations of faith that distort justice in high-profile rulings, cites Indira Gandhi and Nik Elin Zurina cases

Cleared for layoffs? AirAsia to retrench 20% of workforce in major cost-cutting move

This allegedly involves cabin services, cargo and logistics, engineering and maintenance, as well as the commercial division, according to Scoop’s source

Copyright © 2023. All rights reserved.