Agencies likely to up Malaysia’s ratings on back of reforms, higher yields
The Malaysian economy is expected to benefit from a RM35 billion refund of GST and income tax this year. – AFP pic, March 11, 2019.
RECOVERY of the share market, greater predictability of government policies and overall revival of the economy has placed Malaysia in a good position for a positive re-rating of its equity market, theThe equity market has corrected by almost 9% from an initial drop, after markets were unsettled by the “initial variability of government policies” following a change of government last May, it said.
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