JP Morgan upgrades Malaysia for first time in years, says Putrajaya ‘walking the talk’ on reforms

KUALA LUMPUR, July 11 — JP Morgan has upgraded Malaysia’s rating from underweight to neutral after almost six years, crediting the country’s policy reforms, data centre...

Bersatu rogue six’s situation won't happen with DAP MPs as party constitution amended before GE15, says Anthony Loke

“What was more exciting for us was that all the signs were evident last year. Earnings growth almost tracking a 10-11 per cent mark was an upside surprise. We need to give credit to the country, and hence we upgraded our rating to neutral,” he said. Among others, he said the government has passed some difficult policies and reforms, citing the launch of the National Energy Transition Roadmap and New Industrial Masterplan 2030.“Most importantly, they went ahead with fiscal consolidation while not sacrificing growth, targeting a growth of 5.0 per cent.

“Taking all these factors into account, foreign investors are seeing that there are multiple sectors and ideas to play over there,” he said.

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