Fitch: Malaysia can keep relatively strong growth despite global tensions


Fitch also pointed out the budget contained modest fiscal easing of the deficit target in response to increased economic growth risks, but did not represent a significant shift in the government's consolidation efforts.

KUALA LUMPUR: Malaysia's well-diversified export base will help the economy maintain a relatively strong growth despite global trade tensions, Fitch Ratings says.

It said on Wednesday global trade tensions were weighing on growth, particularly as Malaysia was a small, open economy integrated into Asian supply chains.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business

Legalisation of casinos to be studied by various agencies
Middle East turmoil poses major economic risk
Cost of Lockheed F-35 jet deal lilkely to exceed US$1.5 trillion
Codelco explores new partnerships
Jentayu aims to sign PPA by mid-year
US ties easing of Venezuela oil sanctions to fair elections
Bank Indonesia steps in to support weaker rupiah
All eyes on oil price, ringgit
Serba Dinamik gets another extension
Sea of red on Bursa amid missile attacks in Middle East

Others Also Read